Pearl Capital Partners (PCP), though the Yield Uganda Investment Fund, has announced its fifth investment in Uganda by making a commitment to invest UGX3.9bn to Raintree Farms, an agri-ceutical enterprise specialising in the production and processing of organic moringa.
Standard Bank, Africa’s largest bank, has led a $4m investment round in Nomanini, a fintech platform for the informal retail ecosystem.
Mitsubishi Corporation, a global integrated business enterprise headquartered in Japan, has led a $50m Series D funding round into BBOXX, a next generation utility company.
Goldman Sachs - led investment consortium has invested $20m in Nigeria-based freight logistics business Kobo360.
Verod Capital Management and Red Bull GmbH, have invested in West Africa’s largest clothing manufacturer, DTRT Apparel.
DOB Equity, a Dutch family-backed impact investor in East Africa, and Global Innovation Fund (GIF), in partnership with Unilever, have co-invested in Mr. Green Africa, the Nairobi based recycler and recycled plastics supplier.
African Infrastructure Investment Managers (AIIM), and Nedbank Energy Finance have agreed to invest R400m in the renewable energy provider SOLA Group.
Following the successful delisting of Torre Industries from the JSE in April 2019, the business was successfully separated into Torre Analytical Services (TAS) acquired by Ethos Mid Market Fund I (EMMF) and Torre Industrial (TI) acquired by Apex Partners.
IFC and Quona Capital, with participation from existing investors Accion Venture Lab and Newid Capital, have invested $6.5m in Lulalend, South Africa’s first online automated provider of short-term funding for small and medium enterprises (SMEs).
Schroders, a global investment manager, has agreed to acquire a majority stake in Switzerland-headquartered microfinance and impact investor BlueOrchard.
Energy Access Ventures (EAV), an investor in smart infrastructure in Africa, and ElectriFI, a flexible financial facility funded by the EU, have co-invested in Solarise Africa, a pan-African clean energy and energy efficiency leasing company.
Mediterrania Capital Partners has acquired through its third fund, MC III, an undisclosed stake in Aziza, a private Tunisian company operating in the food retail sector.
AHL Venture Partners, an impact investment firm in East Africa, has acted as lead investor in Crop Nutrition Laboratory Services (Cropnuts) in Kenya.
Meridiam and partners, ENGIE and FONSIS, have achieved final close for two solar photovoltaic projects, Kahone Solaire SA (35MW) and Kael Solaire SA (25MWp), located in the Diourbel region of Senegal.
