Archive - Africa Private Equity News

The 5 top stories on Africa Private Equity News the past week

Here are summaries of the most widely read stories from the past week on Africa Private Equity News.

7 hrs ago

SuperReturn Africa: Where the connections drive returns

700+ private market leaders. 200+ LPs with $1.5trn in AUM. 350+ GPs.

Oct 23

Ground Up Investing reaches first close on second agri fund

The $20m fund will provide two-year working capital loans to agricultural businesses in Africa and Latin America.

Oct 23

Mediterrania Capital Partners appoints Noha El Ghazaly as partner

The private equity firm invests in small and mid-cap companies in Africa.

Oct 22

Southern Africa private capital fundraising surges by 162% and exit proceeds rise

Southern Africa’s private capital industry is showing renewed confidence.

Oct 22

Camco fund backs Senegal’s Afreenergy Solar

The facility will be used to refinance an operating portfolio of rooftop solar assets and to fund the construction of new solar PV and battery storage…

Oct 22

Helios to acquire up to 49% of Mozambican flour miller Merec Industries

Founded in 1998, Merec is Mozambique’s largest flour milling company.

Oct 21

MOBILIST subscribes for $15m of Adenia-backed Quickmart’s IPO

The subscription equals about 13% of the $115.5 million offer for Quickmart, which operates 72 stores in Kenya.

Oct 21

Fortis Green Renewables invests in GRIPS Energy Group

The investment finances the acquisition of operational renewable energy assets in Senegal, Botswana, Zambia and Uganda.

Oct 20

Sango Capital expands investment team with two hires

Darryn Schovell joins as principal from Ethos Private Equity, and Rainer Steinhagen joins as vice president from DEG.

Oct 20

Nordic Impact Funds backs Uganda’s Irrisol

The company builds solar-powered water mini-grids in rural Uganda.

Oct 20

EIB proposes investment in Admaius’ Virunga Africa Fund II

The private equity fund will target majority investments in mid-sized African companies.

Oct 20

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