Helios Investment Partners, acting on behalf of funds it advises, has sold its 49% stake in GBfoods Africa (GBFA) to its partner and co-shareholder, The GBfoods SA (GBfoods).
Revego Africa Energy has acquired stakes in a number of wind assets from Metier and Lereko, who jointly manage the Lereko Metier Sustainable Capital Fund.
CDG Invest PME (CIP), a Morocco-based private equity firm previously known as CDG Capital Private Equity, has agreed to sell a majority stake in Techniques Science-Santé (T2S), IM Alliance, Cyclopharma and Binarios, the largest and most diversified group of MedTech companies in Morocco, to funds managed by Helios Investment Partners.
Injaro Agricultural Capital Holdings (IACH), an impact investment fund managed by Injaro Investments, has sold its 30% stake in seed producer M&B Seeds and Agricultural Services Ghana (M&B) to the founder and other shareholders.
EXEO Capital has announced the exit of its Food and Agribusiness fund, Agri-Vie Fund I, from Cape Olive Holdings, one of the largest table olive suppliers in South Africa.
SPE Capital Partners has exited its investment in H&S Invest Holding, which operates Morocco-based logistics company Dislog Group, via a sale back to the Belkhayat family.
FNZ, a global wealth management platform, has acquired South African third-party administration firm Silica from Ninety One, following receipt of the necessary regulatory approvals.
Metier has sold its 12% stake in the 50 MW Bokpoort Concentrated Solar Power (CSP) asset in the Northern Cape to Revego Africa Energy for R204m.
Adenia, a private markets investment firm in Africa, has finalized the sale of its 100% equity stake in Ademat to SPE Capital, a private equity firm focused on Africa and the Middle East.
Apis Growth Fund II, a private equity fund managed by Apis Partners, has agreed to sell the whole of its interest in third-party payments enabler International Tutuka Holdings to Salt Pay Co.
Criterion Africa Partners, a private equity firm investing in the forestry sector in Sub-Saharan Africa, has exited the forestry and saw-milling business of its portfolio company Peak Timbers (Peak) to Shiselweni Forestry Company.
After ten years supporting Orange’s growth on the Malagasy market, a consortium of minority investors led by Terra Mauricia and Kibo Fund divested in January 2021 its 16% stake in Orange Madagascar.
Mediterrania Capital Partners, a private equity firm focused on growth investments for SMEs and mid-cap companies in North Africa and Sub-Saharan countries, has sold its remaining stake in Cash Plus, the largest independent money transfer company in Morocco, to a group of Moroccan family offices.
TLG Capital has exited its investment in BAJ Stations Uganda, after nearly 4 years, at 30+% IRR in USD.