Goodwell Investments takes stake in Ghanaian microfinance institution
Goodwell Investments, through its fund Goodwell MDC III, has invested in Innovative Microfinance, a microfinance institution operating in Northern Ghana.
Goodwell Investments, through its fund Goodwell MDC III, has invested in Innovative Microfinance, a microfinance institution operating in Northern Ghana.
AOG has transferred 75.1% ownership of Addax Bioenergy, its sugarcane bioethanol and renewable electricity operation in Makeni, Sierra Leone, to a group of investors led by Sunbird Bioenergy Africa (Sunbird Bioenergy group).
Mediterrania Capital Partners has acquired through its second fund, Mediterrania Capital II, a stake in Université Privée de Marrakech (UPM) to support its development plan.
Safaricom through its $1m Safaricom Spark Venture Fund has invested in Eneza Education, which provides mobile-based education tools for primary students.
Synergy Capital Managers through its Synergy Private Equity Fund (SPEF) has invested in Vester Oil Mill, a multiproduct company producing oilseed meals and oilseed crude oils in Ghana.
The Abraaj Group, an investor operating in global growth markets, has acquired a minority stake in Indorama Fertilizers, the largest urea fertilizer manufacturer in Nigeria, through its Funds.
Silvertree Internet Holdings, a South Africa based business incubator, has acquired a significant stake in CarZar, an online auto-trader in South Africa.
Catalyst Principal Partners, an East African focused private equity firm, has acquired a controlling stake in Zenufa Laboratories, one of the leading pharmaceutical manufacturers in Tanzania.
The Green for Growth Fund (GGF) has announced a $20m senior loan to ALEXBANK, the fund’s first deal in both Egypt and the region following its recently approved expansion into North Africa and the Middle East.
Accion Venture Lab, the early-stage investment vehicle of the financial inclusion firm Accion, with participation from Newid Capital and Hallmann Holding International Investment, have invested in South Africa-based online lending platform Lulalend.
Investec Asset Management, through its African private equity capability, has acquired a significant shareholding in Mobisol, a leading and rapidly-growing provider of off-grid solar home systems (SHS) in Africa.
Mara Delta (formerly Delta Africa) has acquired the Tamassa Resort in Mauritius for a purchase consideration of the euro equivalent of $40m on a cash free, debt free basis.
Capital Seven, a Botswana based private equity firm, has announced its plans to acquire a 75% stake in Trust Holdings, a financial services group in Zimbabwe.
The Carlyle Group has agreed to acquire a majority share of Amrod, a fast-growing supplier of promotional products and clothing, serving distributors in South Africa and neighboring countries.