Vantage Capital, Africa’s largest mezzanine fund manager, has provided a R200m($13.7m) expansion capital facility to New GX Capital, a 100% black and family owned investment company.
Wendel, a French investment company, has announced its first investment in the African shopping malls sector by acquiring a 40% stake in SGI Africa, alongside the CFAO group.
Angola Capital Investments (ACI), an international investment firm headquartered in Angola, has announced a major investment through one of their major holding companies Bluoshen, in Hotel Casa Rosa.
RMB Holdings (RMH) has acquired a 34% stake in urban renewal property company, Propertuity Development Company, a South African urban renewal group.
Development Partners International (DPI), a $1.1bn Africa-focused private equity firm, has committed around 36% of its second private equity fund, ADP II, according to Runa Alam, CEO and co-founder.
The Private Equity team at Nedbank Corporate and Investment Banking (CIB) has become a 25% shareholder in Comsol Networks, alongside existing shareholders Convergence Partners and the management team of Comsol.
Vantage Capital, Africa’s largest mezzanine fund manager, has disbursed the second and final tranche of a R250m ($17m) expansion capital facility to Vumatel.
Phatisa has invested in Torre Equipment Africa (TEA), a pan-African equipment distributor with operations in Côte d’Ivoire, Ghana, Liberia, Sierra Leone, Cameroon and Botswana, among others.
Yellowwoods Capital Holdings has acquired a significant shareholding in DataProphet, a Cape Town-based machine learning startup.
Injaro Agricultural Capital Holdings (IACH), through its Ghanaian subsidiary Injaro Agricultural Venture Capital (IAVC), has invested in Gold Coast Fruits (GCF), a Ghanaian pineapple exporter based in Accra.
PEG, an off-grid solar company in Ghana, has closed a $4.3m A-2 round, led by Energy Access Ventures, that also includes Blue Haven Initiative, as well as follow-on investment from existing investors, Investisseurs & Partenaires (I&P) and Engie Rassembleurs d’Energies.
InfraMed, a €385m long-term investment vehicle dedicated to infrastructure, has agreed to acquire a 21% stake in ‘Broadband for Africa’, the venture set up by Eutelsat Communications to provide satellite broadband services on the African continent.
Accel Partners, an early and growth-stage venture capital firm, powering a global community of entrepreneurs, has led a $1.7m seed financing round for Instabug, Egypt-based provider of software bug reporting tools.
InVenfin, a venture capital arm of Remgro Group, has acquired a stake in De Villiers Artisan Chocolate (DV Chocolate), a South African bean-to-bar artisan chocolate maker.
