Dealmaker's Log | Financing for Uber's Africa partner; Alta Semper IPO exit
Our monthly Dealmaker’s Log tracks the reported African private equity and venture capital transactions. Highlights from February include: NBK Capital Partners Mezzanine Fund II closed a $10 million financing facility with Moove, Uber’s exclusive vehicle supply partner in Africa; Alta Semper Capital exited its shareholding in Egypt’s Macro Group Pharmaceuticals through an IPO on the local exchange; and Eos Capital acquired a stake in the Namibian business of Cherry Irrigation. To learn about these and other transactions, download the February 2022 edition.
Dealmaker’s Log is brought to you in partnership with Jersey Finance. To find out more about structuring opportunities through Jersey and the vital role the jurisdiction can play in sourcing overseas capital securely and efficiently, please visit the Jersey Finance website. Examples of how Jersey’s expertise can enable inbound FDI to support African infrastructure and growth, as well as supporting African investors and families with their outbound investment activity, can be found in Jersey Finance’s latest Africa publication. You may also find the recent report, ‘South Africa Fund Managers: Trends in Fund Domiciliation and Capital Raising’, to be of interest.