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. A.P. Moller Capital to acquire Mainstream Renewable Power South Africa
A.P. Moller Capital has announced that its Emerging Markets Infrastructure Fund II, through a special purpose vehicle, has signed an agreement to acquire Mainstream Renewable Power South Africa, a large renewable energy developer and independent power producer. Read the full article
2. Aruwa Capital makes follow-on investment in Nigerian footwear company
Aruwa Capital Management has announced a follow-on investment into Yikodeen, a Nigerian manufacturer of industrial safety footwear. Aruwa was the sole investor in the round and completed the investment from its sophomore fund, Aruwa Capital Fund II. Read the full article
3. Inspired Evolution launches $176m Zafiri electricity access vehicle
Inspired Evolution has announced the $176 million commercial launch of Zafiri, a blended permanent-capital vehicle focused on expanding access to electricity for tens of millions of people across sub-Saharan Africa. Zafiri will deploy patient equity into distributed renewable energy companies and projects, including mini-grids, solar home systems, productive-use energy solutions, and clean cooking enterprises. Read the full article
4. Launch Africa Ventures makes cash distribution to LPs
Launch Africa Ventures, a pan-African venture capital fund, has made its first cash distribution to its limited partners in Launch Africa Seed Fund I. The firm returned approximately $2.5 million, around 7% of paid-in capital, following 11 completed portfolio exits. Read the full article
5. Convergence Partners Energy Finance proposes investment in Anzana Electric Group
Convergence Partners Energy Finance has entered into indicative terms for a proposed $20 million investment into Anzana Electric Group, a developer, investor, and operator of hydropower and grid distribution projects across Africa. Read the full article
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Dealmaker’s Log: African private equity and VC deals in May 2026
Africa Private Equity News recently published the May 2026 issue of our Dealmaker’s Log, which tracks the reported African private equity/debt and venture capital transactions from last month (and extending back to an archive of transactions since May 2023). Access the Dealmaker’s Log here
The French serial entrepreneur who became a private equity investor in Africa
Alexis Caude, managing partner of Adenia Partners, discusses his entrepreneurship journey, his investment successes in Africa, and how he manages his personal money. Watch/read the interview here