Agri-Vie and Norfund have announced a $17m co-investment into the Marginpar Flower Group Holdings, an East African flower sales business.
Grit, the largest and only pan-African focused real estate income group, has announced changes to its board and further expansion of its portfolio in Mozambique and Ghana.
Africa-focused venture capital firm TLcom Capital, with participation from other investors, has invested $5m in Terragon, Africa’s mobile marketing company.
Trinity Ventures has led a $70m Series B investment round, which combines debt and equity, in Branch International, a mobile ‘branchless bank’ for Emerging Markets.
Arise Fund has agreed to buy a minority stake in Moza Banco, Kuhanha, which administers the pension fund of Mozambique’s central bank.
Takura Capital, a Zimbabwean private equity firm, has recently invested an undisclosed sum in Mozambican vegetable producer Companhia do Vanduzi.
Mediterrania Capital Partners has acquired a minority stake in Groupe COFINA, a meso-finance institution in West and Central Africa, through its third fund MC III.
Alta Semper, aprivate equity manager investing flexible and strategic capital across select African growth markets, has announced a $18m investment into Nigeria’s retail pharmacy chain HealthPlus.
Kuramo Capital Management has acquired a majority stake in GenAfrica Asset Managers, one of the largest pension fund managers in Kenya and Uganda, from Centum Investment Company.
Sahel Capital and Coscharis Group, a Nigerian Conglomerate with interests across several sectors of the Nigerian economy, have invested in Coscharis Farms, a subsidiary of Coscharis Group.
EchoVC, a seed and early stage venture capital firm, has invested in Nigeria's hostel booking platform, MyPadi, to accelerate expansion into more cities, schools and improve its products.
Inspired Evolution has signed a deal to invest up to $36m in Alten RE Developments Africa B.V., the sub-Saharan Africa-focused subsidiary of Alten Energías Renovables.
Goodwell Investments has agreed to a follow-on investment in Musoni Services to support its fast client growth.
Grit has announced its first foray into Ghana by acquiring 5th Avenue Corporate Offices in Accra for $20.5m from Greenline Development, a regional real estate developer.