Vuna Partners Fund I makes first investment
Vuna Partners Fund I, a fund managed by Vuna Partners, has acquired an 80% equity stake in 4PL Group, a South African provider of logistics solutions.
Vuna Partners Fund I, a fund managed by Vuna Partners, has acquired an 80% equity stake in 4PL Group, a South African provider of logistics solutions.
Ezdehar Management, an Egypt-based private equity firm, has acquired a minority stake in Al-Tayseer Healthcare Group through Ezdehar Egypt Mid-Cap Fund.
Helios Investment Partners has launched Africa Specialty Risk Group (ASR), a reinsurance business focused on becoming the partner of choice to corporations through the provision of risk mitigating insurance solutions.
PAPE Fund 3, a mid-cap South African private equity fund, has acquired a 45% of the equity in the DDS Group of companies, an African beverage dispensing and refrigeration services provider.
Proparco and existing investors, Energy Access Ventures (EAV) and EDFI ElectriFI, have invested $10m in a Series B investment round in Solarise Africa, a Pan-African energy leasing company,
Chinese fintech investor CreditEase Fintech Investment Fund (CEFIF), LeapFrog Investments and Allianz have invested $30m in BIMA, a provider of digital health and insurtech services in emerging markets.
Helios Investment Partners has led a $60m Series B financing round in Singapore-based fintech startup Thunes, which operates a global B2B cross-border payments network.
Metier, through its most recent Sustainable Capital Fund, MSC II, has made a substantial investment into Broadreach Energy.
Enygma Ventures via its Shift Fund has made a R4.2m investment into Job Crystal, South Africa’s recruitment company.
EFG Hermes (through its NBFI arm EFG Hermes Finance Holding) and GB Auto (through its NBFI arm GB Capital) have acquired a 75% stake in Tokio Marine Egypt Family Takaful, in a deal worth EGP 84.75 million.
DOB Equity, a Dutch family-backed impact investor in East Africa, has made a further investment in Tanga Fresh, a dairy processor in Tanzania.
Sanari Capital, backed by 27four, has invested R25m in LightWare LiDAR, a South African company supplying world-class microLiDAR sensor technology to global companies.
Clean Energy Ventures and Breakthrough Energy Ventures, alongside Goodwell Investments, in partnership with Alitheia Capital, Total Energy Ventures, and other notable investors, have invested $12m in a Series A round in SparkMeter, a provider of grid management services, equipment, and software solutions.
Verod Capital Management has acquired 100% of AXA Mansard Pensions, a licensed pension fund administrator that offers retirement savings accounts and pension fund administration services to both private and public sector employees in Nigeria.