African Infrastructure Investment Managers (AIIM), through its IDEAS Fund, and Motseng Investment Holdings, have announced the formation of Motseng Ideas Infrastructure Group (MIIG).
The majority of Limited Partners (LPs) (71%) cite a weak exit climate and unpredictable exit windows as the biggest challenges to investing in Africa, according to the latest Deals to Dollars: Navigating Successful Private Equity Exits in Africa publication by Boston Consulting Group (BCG).
African private capital activity showed notable resilience in 2024, marked by increased participation from African LPs, continued reliance on proven sectors like Consumer Staples and Financials, and an increase in exit volumes, according to the AVCA's 2024 African Private Capital Activity Report.
AVCA – the African Private Capital Association – and the Private Equity and Venture Capital Association, Nigeria (PEVCA), have announced a strategic merger to strengthen Nigeria’s private capital ecosystem. The merger reflects a joint ambition to catalyse new investment opportunities and boost sub-regional and continent-wide growth.
The African tech sector attracted only 7% less capital than in 2023, demonstrating resilience and securing $3.2bn in funding (equity and debt combined), according to the annual Africa Tech Venture Capital report by Partech.
Stears, a financial data and software company focused on African markets, has released its Private Capital in Africa Report: Q3 2024, revealing a notable trend in single-country investments as private capital continues to drive investment activity on the continent.
Africa50 has signed an Implementation Agreement (IA) with the Rwanda Development Board (RDB) and the Government of Rwanda (GoR) for exclusive rights to develop, operate, and commercialise the 61-hectare Kigali Innovation City (KIC).
The Obuntu Foundation, a catalyst for the next generation of Africa-focused Fund Managers, has announced a strategic partnership with Mennonite Economic Development Associates (MEDA), a global non-profit organization focused on economic development and entrepreneurship.
TLG Capital, a pan-African alternative asset manager, has forged a strategic partnership with BFREE, a pioneering ethical debt collection startup based in Nigeria. With a $3m facility, TLG will empower BFREE to spearhead a transformative shift in ethical loan collection services across the continent.
USAID Southern Africa Mobilizing Investment (USAID Mobilizing Investment) has awarded grant capital to Verdant Capital for its new fund strategy, the Verdant Capital Southern Africa Fund (VCSAF).
Nairobi Gate Industrial Park, the first Special Economic Zone (SEZ) with a fully consolidated customs-control area in East Africa, has launched a one-of-a-kind manufacturing and warehouse park for the textile and apparel industry in Kenya.
For the first time in almost a decade of consistently strong growth, the number of venture capital deals in Africa decreased by 31% YoY, according to the African Private Capital Association 2023 Venture Capital in Africa Report.
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 announced that the portfolio companies managed by Mediterrania Capital III (MC III) delivered 30% y-o-y EBITDA growth until end of 2023.
The Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) company, has committed up to XOF 30bn ($48m) to launch West Africa’s first ever social asset-backed security.
