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.
Criterion Africa Partners (CAP), a private equity firm investing in the forestry sector in Sub-Saharan Africa, has announced that its portfolio company Global Woods has completed the sale of its Uganda timber plantation to Nile Fibreboard (NFB), a local strategic buyer.
Tuninvest Sicar, a multi-sector fund managed by Africinvest Group, has sold its 30% stake in Hydrosol Fondations, a Tunisian geotechnical and foundation engineering company, to Ginger Group.
CrossBoundary Energy (CBE ), a direct investment arm of CrossBoundary that finances solar projects in Africa, has exited of its first fund at a 15% net IRR to investors.
