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.
Vantage Capital has successfully exited its $18.5m mezzanine investment in Genser Energy, a management-owned, independent power producer in Ghana.
Agri-Vie Fund I, an Africa Food and Agribusiness Investment Fund managed by EXEO Capital, has announced its exit from one of South Africa’s most well-established abalone farming companies, HIK Abalone Farm (HIK).
Aruwa Capital Management has launched a $20m West-Africa focused Private Equity co-investment vehicle, which is focused on closing the gender equality gap, and has completed its first investment, in Wemy Industries, Nigeria’s first and only indigenous personal hygiene company.
Amethis has sold its minority stake in Compagnie de Distribution de Côte d'Ivoire (CDCI) to Groupe Retail Holding, a Moroccan group that holds several modern distribution franchises in Morocco.
IFC and the funds managed by the IFC Asset Management Company (AMC) have sold their 14.1% stake in Ecobank Transnational Incorporated (ETI) to Arise.
The Norwegian Investment Fund for Developing Countries (Norfund) has invested in Sundry Foods, an integrated food services company operating in the Quick Service Restaurant (QSR), Bakery and Catering Services sectors in Nigeria.
As part of the IPO, responsAbility Investments and Helios Investment Partners, have completed partial exits of their stakes in Fawry, Egyptian provider of payment services to more than 20 million clients across all segments of the population.
Denham Capital, a global energy and resources private equity firm, has sold BioTherm Energy to Actis Capital, an emerging market investor, for an undisclosed sum.
Amethis has sold its stake in the Dislog Group, allowing Mouncef Belkhayat founder and majority shareholder to regain a controlling equity stake in the company in provision of a new investment cycle.
Development Partners International (DPI), has sold its funds’ total holdings in Eaton Towers Holdings to American Tower Corporation (ATC).
RENEW’s Impact Angel Network (IAN), one of the most active equity investors in Ethiopia, has successfully exited two investments to a regional private equity fund and a family office.
Verod Capital Management has completed a full exit of its ownership of Rotoprint, a flexible packaging company based in Nigeria.
