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.
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Here are summaries of the five most widely read stories the past week on Africa Private Equity News.
1. DPI in $190m Egypt private healthcare deal
Development Partners International (DPI), through funds it advises, and co-investors, have signed a binding agreement for a $190 million minority stake investment in Alameda Healthcare, a private healthcare group in Egypt. The transaction, which is primarily a capital increase, is subject to obtaining the relevant regulatory and other approvals and is expected to close in Q3 2025.
DPI and its partners will collaborate closely with Alameda Healthcare’s executive team led by the chairman, Dr. Fahad Khater, who retains his position as the majority shareholder. Read the full article
2. South Africa: Phatisa exits vaccine manufacturer
Phatisa’s Food Fund 2 has agreed to sell its interest in Deltamune, a South Africa-based vaccine manufacturer, to Vaxxinova International, a global animal health company and part of the EW Group. Read the full article
3. Kholo Capital provides Bayport South Africa with mezzanine debt facility
The Kholo Capital Mezzanine Debt Fund I has injected a R200 million (about $11.2 million) mezzanine debt growth funding facility into Bayport South Africa to support the roll out of the Bayport SA Financial Wellness Solutions Programme. Read the full article
4. IFC and Proparco back Helios sport and entertainment investment vehicle
The International Finance Corporation (IFC) and Proparco have announced an equity investment of up to $50 million in Helios Sports and Entertainment, an investment vehicle dedicated to sport, media and entertainment across Africa.
IFC led the funding round with up to $30 million in equity investment from its own account, while Proparco has committed up to $20 million as part of the same financing. Read the full article
5. Nigeria: Goodwell and Alitheia invest in e-waste recycling business
Goodwell Investments and Alitheia Capital, through the uMunthu II fund, have made an investment in Hinckley E-Waste Recycling, a Nigeria-based recycling company.
The investment will be used to construct a lithium-ion battery recycling facility and a lead acid battery recycling facility. Both plants will be located in Nigeria’s Ogun State, with plans to collect and recycle up to 30,000 tonnes of e-waste per year and expand Hinckley’s export operations. Read the full article
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