CDC Group, University Ventures and Savannah Fund have invested $12m in UNICAF, a global educational online organization.
iono.fm, a South African podcast and audio streaming services, has received $175k (R2.5m) in a funding round led by Clifftop Colony.
Flint Atlantic Capital Partners, a Nigerian healthcare impact investment firm, has invested in Africa Healthcare Network (AHN), the largest dialysis and kidney care services chain in Rwanda.
BHR Partners, a Chinese private equity firm, has agreed to acquire TF Holdings, a Bermuda holding company that owns an 80% interest in Tenke Fungurume Mining for $1.136bn in cash and contingent consideration of up to $51.4m.
The UNICEF Innovation Fund has made its first investment in Africa by acquiring an undisclosed stake in 9Needs, a blockchain startup in South Africa.
Cactus Capital, the investment arm of Cactus Advisors, has announced investments into seed and growth stage African tech ventures, Flutterwave and E-Factor.
African Rainbow Capital has acquired a 49% interest in Sinayo Securities, a Johannesburg-based equities brokerage firm, to expand its institutional client base and broaden its brokerage services.
The Emerging Africa Infrastructure Fund (EAIF) has participated in a syndicate led by the Dutch development bank, FMO, to provide a $14.7m loan to enable the construction of a 10MW solar farm in the Tororo area of Eastern Uganda.
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.
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.
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.
