North African deal activity tracked in our Dealmaker’s Log
We highlight five North African investments, as featured in our Dealmaker’s Log.
** For the best experience, download the free Africa Private Equity News app Android | iOS **
We highlight five North African investments over the past 12 months, as featured in our Dealmaker’s Log, a database of reported investment deals, exits, and fundraising milestones. Subscribe to this service here
1. Morocco: AfricInvest makes investment in Unisystem Group
AfricInvest invested in Unisystem Group, a Morocco-based provider of electronic security, digital infrastructure and energy solutions, as the company undertakes a strategic reorganisation to strengthen its market position and support future growth. As part of the restructuring, the group has established USG Technologies, a new holding company that will oversee its various entities and drive expansion into high-potential business segments. Read the full article
2. Egyptian private healthcare company gets $190m boost from DPI
Development Partners International, through funds it advises, and co-investors, signed a binding agreement for a $190 million minority stake investment in Alameda Healthcare, a private healthcare group in Egypt. This new funding is anticipated to accelerate Alameda’s expansion both within the country and across the Gulf Cooperation Council region. Read the full article
3. Helios in $40m food deal
Egypt’s Raya Foods secured an investment of approximately $40m from Helios Investment Partners.
Through this investment, Helios will acquire 49% of Raya Foods’ shares. The investment aims to boost Raya Foods’ capabilities in the manufacturing and export of frozen foods and expand its global presence. Read the full article
4. Amethis backs North African logistics deal
Morocco-based express courier company Globex, part of private equity firm Amethis’s portfolio, acquired 100% of Logic Transport, a prominent player in Morocco’s transport and logistics sector.
Amethis made its initial investment in Globex in 2022. Globex operates in express courier services, freight, transit, and storage solutions in Morocco and sub-Saharan Africa (including Senegal and Cameroon), under the FedEx Express brand. Over its 20-year history, the company has become established in the express parcel shipping and logistics sector, providing delivery services to and from more than 220 countries through the FedEx global network. Read the full article
5. PE firm CDG Invest Growth backs Moroccan retailer
Private equity firm CDG Invest Growth, together with the International Finance Corporation (IFC) and Fipar Holding, announced an investment in Retail Holding, a Moroccan-based food and consumer goods retailer.
IFC, Fipar Holding (an investment fund managed by CDG Invest) and CDG Invest Growth (through its fund under management Capmezzanine III) will jointly own a 21.5% stake in Retail Holding, alongside its historical shareholders, Best Financière and Sanam Group. Read the full article
Want to know who is raising, investing, and exiting in Africa? Get Africa Private Equity News’ monthly Dealmaker’s Log – a database of reported investment deals, exits, and fundraising closes. Subscribe now