The 5 most popular stories on Africa Private Equity News the past week
Here are summaries of the five most widely read stories the past week on Africa Private Equity News.
** For the best experience, download the free Africa Private Equity News app Android | iOS **
A MESSAGE FROM OUR SUPPORTERS
PwC: Private capital at a crossroads
As industries converge and disruption intensifies, five key principles will help firms seize emerging opportunities. Read more
Here are summaries of the five most widely read stories the past week on Africa Private Equity News.
1. Mediterrania Capital Partners announces DEG commitment
German development finance institution DEG has committed €35 million to Mediterrania Capital Partners’ Africa-focused fund, Mediterrania Capital IV.
“DEG has been a long-term investor across our funds, consistently championing impact, sustainability and inclusive growth in Africa’s key sectors. Their renewed commitment reinforces our shared vision – one where financial returns and social progress rise together. Our sincere thanks go to the entire DEG team, and especially to Chantal Newman, for her continued trust and support throughout this journey. With partners like DEG, Mediterrania Capital Partners is even better positioned to continue delivering value, jobs and opportunities across the continent,” said Mediterrania in a statement. Read the full article
2. Inspired Evolution leads $60m equity round into Sedgeley Solar Group
Inspired Evolution’s Evolution III energy transition fund has invested $30 million in Sedgeley Solar Group (SSG). The deal is part of a broader $60 million investment in the company from a consortium that also includes development finance institutions FMO and Swedfund. The newly formed SSG consolidates two Southern African renewable energy businesses, SolarSaver and Sedgeley. Read the full article
3. TLG Capital finances buyout in West Africa
TLG Capital has structured a $10 million private credit facility to support an African-founded investment holding company in the acquisition of an insurance platform in Ghana.
“The macroeconomic environment in Africa has been challenging since Covid, but we believe the turning point has passed. Many African economies are showing resilience and promise. We are positioning now with a diversified portfolio across the continent, backing the firms led by local entrepreneurs who will define the next decade,” said Zain Latif, principal at TLG Capital. Read the full article
4. Beltone Venture Capital exits Morocco’s Cathedis with 100% IRR
Beltone Venture Capital has announced its successful exit from Cathedis, a Moroccan last-mile delivery and logistics platform, achieving a 100% internal rate of return.
Established in 2023, Beltone Venture Capital manages $50 million in assets and has built a portfolio of 21 technology-driven companies in strategic sectors across the region. It also oversees a $5 million venture debt portfolio. Read the full article
5. Proparco in co-investment alongside Meridiam Infrastructure Africa Fund II
Proparco, the French development finance institution, has taken an equity stake in Meridiam’s 100MW Kipeto wind farm in Kenya. The transaction is a co-investment alongside the Meridiam Infrastructure Africa Fund II, in which Proparco is an investor.
Kipeto is the second‑largest wind power plant in Kenya, located approximately 70 km south of Nairobi. It has been in commercial operation since July 2021 under a long-term power purchase agreement with Kenya’s national utility. 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
The convergence of renewable energy investments with private equity in Africa is particulary encouraging. The $60m Sedgeley Solar deal shows how DFIs like FMO and Swedfund can catalyze meaningful capital deployment. What really stands out is the focus on sectors that directly impact local economies rather than pure financial enginering. The 100% IRR exit from Cathedis also demonstrates that patient capital in last-mile logistics can genrate exceptional returns when theres real operatinal value being built.