Acumen, a non-profit impact investment fund, has exited its stake in a Tanzanian-based clean cooking company KopaGas, following Circle Gas acquisition.
Brait has sold its 63.1% interest in Iceland Foods to a newly established company NewCo in line with its revised strategy to maximise value realisation from its assets over the next five years.
Gulf Capital, one of the largest and most active alternative asset managers in the Middle East, has successfully completed the sale of MetaMed, the region’s largest diagnostic imaging network, to Ray Lab, owned by a consortium of international and regional investors.
Actis has exited its majority stake in GHL Bank, a full-scale commercial bank in Ghana, to First National Bank Ghana, a 100% subsidiary of FirstRand Group.
Ninety One, via its Africa Private Equity Fund 2 (91APEF2), along with Rand Merchant Bank Ventures (RMBV) and other shareholders, has sold a portion of its equity investment in Kamoso Africa to the Botswana Development Corporation (BDC).
Vantage Capital, Africa’s largest mezzanine debt fund manager, has fully exited its investment in Vumatel, the largest fibre-to-the-home network provider in South Africa.
African Infrastructure Investment Managers (AIIM), a member of Old Mutual Alternative Investments, has announced the successful divestment of AIIF2’s 14% stake in Cookhouse, a 139MW wind farm, and 34% stake in REISA, a 75MW solar PV facility.
Adenia has finalized the sale of the 95% equity stake held by Adenia Capital (III) in Mauvilac to AkzoNobel, the third largest paint manufacturer worldwide.
One Thousand & One Voices (1K1V), a private family capital fund backed exclusively by industry-leading families, has announced a recapitalization of SanLei, its specialist aquaculture portfolio company headquartered in the Kingdom of Lesotho.
Agri-Vie Fund I, the Africa Food and Agribusiness Investment Fund managed by the pan-African private equity investment firm, EXEO Capital, has announced its exit from InteliChem.
Dutch headquartered social impact investor Oikocredit has exited its investment in Zambian fish farm, Yalelo.
Bamboo Capital Partners, an impact investing platform, has successfully exited its indirect stake in one of the leading microfinance banks in Nigeria, Accion Microfinance Bank (Accion MfB).
AfricInvest, a pan-African private equity platform, has announced that its Maghreb Private Equity Fund III (MPEF III) has exited from its investment in Polymedic, a generics manufacturing company headquartered in Casablanca, Morocco.
Emerging Capital Partners (ECP) has agreed to partially sell its shares in Oragroup to the Social Welfare Institute – General State Pension Fund (IPS-CGRAE) of Ivory Coast.