AgDevCo and Nika invest in Citrum
AgDevCo, a social impact investor and agribusiness project developer, has invested in Citrum SA to develop an export-focused banana operation owned and managed by a local team in Mozambique.
AgDevCo, a social impact investor and agribusiness project developer, has invested in Citrum SA to develop an export-focused banana operation owned and managed by a local team in Mozambique.
Amethis has acquired a minority stake in the Sodigaz Group, leader in the distribution of LPG bottled gas in Burkina Faso.
One Thousand & One Voices (1K1V), a US private capital fund backed exclusively by leading families, has made its third investment in Sub-Saharan Africa with the acquisition of a specialist aquaculture business headquartered in the Kingdom of Lesotho.
Secha Capital VCC, an approved section 12J company, has invested an undisclosed amount in Stoffelberg Biltong, South Africa’s fastest-growing biltong brand.
GFH Financial Group (GFH) has completed the acquisition of $1.2bn infrastructure portfolio in Africa and Middle East.
Long4Life has acquired the entire issued share capital of Inhle Beverages, a well-established contract packaging business in South Africa, for a maximum purchase consideration of R360m.
Sanlam Investment Holdings (SIH) has agreed to acquire a 30% stake in First World Trader Proprietary, trading as EasyEquities.
AgDevCo, a social impact agribusiness investor, has announced a $450,000 debt investment into Talian Company, an Ugandan milling business.
Index Ventures, with participation from Balderton Capital and AlphaCode, have invested R532m in a Series C equity round in Prodigy Finance, an international fintech platform.
Arise, an investment company that was formed by a partnership between Norfund, FMO and Rabobank, has taken over 69.14 million shares of Norfund and FMO in NMBZ.
EMR Capital, an Australian private equity firm, has announced plans to acquire Vale and African Rainbow Minerals’ (ARM) stake in the Lubambe copper mine in Zambia.
Novastar has led a Series A financing round in iProcure, the largest agricultural supply chain platform in rural Africa, connecting smallholder farmers with the high quality agricultural inputs.
Kalon Venture Partners, formerly Grotech, and Smollan Group SA have acquired a minority stake in South Africa’s fastest growing shopping community, SnapnSave.
Enko Capital Managers has completed an investment to provide expansion capital to AMI Logistics, a Dubai-headquartered logistics business, with significant operations in East and Southern Africa.