The 5 most popular stories on Africa Private Equity News the past week

Here are summaries of the five most widely read stories last week on Africa Private Equity News.

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Here are summaries of the five most widely read stories last week on Africa Private Equity News.

1. African Infrastructure Investment Managers closes fund at $748m

African Infrastructure Investment Managers has announced the final close of its fourth pan-African infrastructure fund, African Infrastructure Investment Fund 4.

The fund achieved its hard cap, with $748 million raised from a diverse investor base across Africa, Europe, Canada, US, Middle East and Asia with an additional $206 million approved for co-investments alongside the fund. Read the full article

2. Adenia Capital sells African payments industry player to SPE Capital

Private equity firm Adenia has finalised the sale of its 100% equity stake in OMOA Group to SPE Capital, a private equity firm focused on the Middle East and Africa.

Founded in 1999, OMOA is an integrated service provider for the payments industry in West and Central Francophone Africa. The sale of OMOA is the eighth and final exit from Adenia’s €96 million Adenia Capital III fund, which is now fully liquidated. Read the full article

3. Silverbacks invests in South African sports-tech business

Silverbacks Holdings, a private investment firm focused on Africa-related companies operating in underserved industries, has invested in South Africa's NERGii, a private venture that provides innovative products to recreational and professional athletes.

NERGii's flagship product is advanced performance-enhancing shoe innersoles designed to naturally activate mitochondria. It functions as a biological wearable battery that stimulates mitochondrial activity to increase the energy availability in the body. It also contributes to enhancing the regular performance of recreational and professional athletes, as well as, addressing the pain points of its consumers. Read the full article

4. Swiss DFI contributes to first close of Helios CLEAR Fund

Swiss development finance institution, SIFEM, has committed $15 million to the first close of an Africa-focused climate fund managed by Helios Investment Partners.

Helios has achieved the first close of the Helios CLEAR Fund, a dedicated climate investment fund for Africa. Approximately $200 million in anchor investments has been secured from eight institutions, positioning the fund to become Africa’s largest climate-dedicated fund. Read the full article

5. Kiara Suttner-Tromp promoted to partner at HAVAÍC

Cape Town-headquartered venture capital firm HAVAÍC has announced the promotion of Kiara-Suttner Tromp to partner.

Effective immediately, she joins managing partner Ian Lessem and partners Grant Rock and Rob Heath on HAVAÍC’s management team. Read the full article

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