The 5 top stories on Africa Private Equity News the past week
Here are summaries of the most widely read stories from the past week on Africa Private Equity News.
Here are summaries of the most widely read stories from the past week on Africa Private Equity News.
1. SPE Capital, Tanmiya Capital Ventures and others exit Egypt’s Tamweely
A consortium comprising SPE Capital, Tanmiya Capital Ventures, the European Bank for Reconstruction and Development and British International Investment has agreed to sell Tamweely to e-Finance for Digital and Financial Investments. Tamweely is an Egypt-based non-bank financial services company that provides financing and related services to micro, small and medium-sized enterprises. Read the full article
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ITL: Strengthening our Japan presence with new appointments
As Japanese investors and corporations increasingly turn to Mauritius as a strategic platform for investment into Africa and beyond, ITL is reinforcing its presence in both markets with two new senior appointments. Read more
2. BluePeak Private Capital Fund II invests in Monty Mobile
BluePeak Private Capital Fund II has made an investment of $12 million in Monty Mobile International. Monty Mobile provides the infrastructure that enables businesses and digital platforms to communicate directly with customers through application-to-person, or A2P, messaging, including one-time passwords, transaction alerts, financial notifications and delivery updates. Read the full article
3. Small Foundation backs AgDevCo Ventures
Small Foundation has committed capital to AgDevCo Ventures, a vehicle providing patient finance to early-stage agribusinesses across East Africa. Read the full article
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Dealmaker’s Log: African private capital transactions in July 2026
Africa Private Equity News has published the July 2026 issue of the Dealmaker’s Log. The Dealmaker’s Log now lives in a searchable, filterable interface where subscribers can slice deals by sector, fund manager, geography, investment type and more. Access the Dealmaker’s Log here
4. Norfund appoints Mark Davis as chief investment officer
Norfund has appointed Mark Davis as its first chief investment officer. Davis has been part of Norfund’s management team for nearly two decades and previously served as executive vice president for renewable energy. Read the full article
5. IFC proposes investment in Cygnum-managed fund
The International Finance Corporation has disclosed a proposed equity investment of up to $50 million in the Universal Green Energy Access Programme (UGEAP), a sub-Saharan Africa-focused fund financing distributed renewable energy projects. UGEAP is managed by Cygnum Capital and is targeting $300 million. Read the full article
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Due Diligence: Investor shares his playbook after a 29x exit in Africa
Ibrahim Sagna spent more than two decades in finance, including at the African Export-Import Bank and the Africa Finance Corporation, before co-founding Silverbacks Holdings, a firm that invests in technology, entertainment, sport and the creative industries. Africa Private Equity News editor-in-chief Jaco Maritz spoke to Sagna about the firm’s origins and how it picks its investments. Read the feature