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Five African private capital moves in February 2026
A selection of African private capital transactions as featured in our February 2026 Dealmaker’s Log.
Mar 6
4
RH Managers launches South Africa healthcare SME fund
Vehicle backs private medical professionals seeking to build clinics, diagnostic centres and other healthcare businesses.
Mar 6
Ventures Platform co-leads $3m seed round in Cybervergent
The deal is the first investment from Ventures Platform Pan-African Fund II.
Mar 6
Acumen backs Nigerian hibiscus exporter AgroEknor
AgroEknor exports dried hibiscus to Mexico, the United States and China.
Mar 5
Nithio closes $7m working capital facility with Spiro
Funding targets more electric motorcycles and additional battery swap stations.
Mar 5
Weego raises $1.1m from Azur Innovation Fund
Moroccan-Senegalese startup seeks to make public transport as simple and predictable as using a private car.
Mar 4
BII and ILX complete first joint debt transaction in East Africa
The transaction supports an East African financial institution to expand credit to MSMEs and agribusinesses.
Mar 4
Zambia's Goldenlay changes hands as Phatisa and AgDevCo exit
Table egg producer enters a new ownership phase.
Mar 4
Dealmaker's Log: African private equity and VC deals in February 2026
A database of African private equity and venture capital transactions.
Mar 4
5
Standard Bank leads $130m dual-currency funding for mining company Tharisa
Standard Bank acted as co-mandated lead arranger and lender to fund a dual-currency, $130 million-equivalent facilities package for Tharisa Minerals.
Mar 3
South Africa: Inspired Evolution exits clean energy platform
Inspired Evolution has announced the successful exit of its Evolution II Fund’s controlling stake in Commercial Energy SA.
Mar 3
Agile Capital, RMB Corvest exit Feedem
Feedem is one of the largest independently-owned service providers within the South African catering industry.
Mar 3
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