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 finalises $190m deal for Alameda Healthcare
Development Partners International (DPI) has completed a $190 million investment in Alameda Healthcare, Egypt’s private healthcare group. Marking the largest healthcare investment of its kind in Egypt to date, the capital raise will fuel Alameda’s strategic expansion within Egypt, across the Gulf Cooperation Council, and into sub-Saharan Africa. Since DPI signed the initial agreement, Alameda has already expanded its footprint with a clinic in Kenya and announced a multi-year strategic partnership with Houston Methodist to advance patient-centric care. Chairman Dr. Fahad Khater will retain his position as the majority shareholder. Read the full article
2. A.P. Moller Capital completes final close of Morocco transport and logistics fund
Danish investment firm A.P. Moller Capital has announced the final close of the APM Capital Morocco Fund, securing a total of MAD 2.24 billion (approx. $243 million). The vehicle secured MAD 1.64 billion in commitments from domestic and international institutional investors, including the Mohammed VI Investment Fund, and was complemented by a MAD 600 million co-investment from A.P. Moller’s Emerging Markets Infrastructure Fund II. The fund will target companies in industries such as express logistics, 3PL, air cargo handling, and cold storage. Read the full article
3. IFC proposes investment in Aruwa Capital Fund II
The International Finance Corporation (IFC) is considering a commitment of up to $8 million to Aruwa Capital Fund II, a vehicle targeting a $50 million raise with a hard cap of $60 million. Managed by Lagos-based Aruwa Capital Management, the fund focuses on growth-stage SMEs in West Africa, primarily in Nigeria with up to 20% allocated to Ghana. Read the full article
4. Terra Industries raises additional capital
Nigerian defence technology startup Terra Industries has secured an additional $22 million in funding led by Lux Capital, extending its recent round to a total of $34 million. Founded in 2024, Terra builds autonomous security systems. Read the full article
5. Sango Capital promotes Jonathan Sengendo
Sango Capital, a Johannesburg-based investment management firm that invests in Africa’s private markets, has promoted Jonathan Sengendo to partner. Sengendo joined Sango Capital in 2019 from Goldman Sachs. He has worked across the firm’s investment platform, including direct and fund investments. He was also involved in the early establishment of Sango Capital’s permanent capital vehicle. Read the full article
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