Here are summaries of the most widely read stories from the past week on Africa Private Equity News.
1. Adenia-backed Quickmart plans Nairobi Securities Exchange listing
Kenyan retailer Quickmart, a portfolio company of Adenia Partners, has announced its intention to list its shares on the Main Investment Market Segment of the Nairobi Securities Exchange. Read the full article
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[PwC] Buy-side readiness: Protecting value before the deal is done
In a volatile deals market, successful acquirers are not simply those who find attractive targets. They are those who arrive prepared: clear on strategy, realistic about value, disciplined in diligence and ready to protect the business from disruption before, during and after the deal is done. Read more
2. Enko Capital invests in Côte d’Ivoire’s EV.Tech
Enko Capital has invested in EV.Tech, a Côte d’Ivoire-based provider of electric vehicle charging infrastructure, through its Francophone West Africa SME Strategy. Read the full article
3. Inside Capital Partners invests in Zambian honey producer Wuchi Wami
Inside Capital Partners has invested in Wuchi Wami, a Zambian producer of single-origin Miombo honey. The company sources organic honey from rural beekeepers organised into cooperatives, then processes, packages and sells the product to retailers and food manufacturers across Zambia and Southern Africa. Read the full article
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Dealmaker’s Log: A database of African private capital transactions
The Dealmaker’s Log supports deal origination, market mapping, and tracking individual investors or funds over time. Filter to the country, sector, investor or transaction type you cover; compare activity across sectors, geographies and years; or follow the private capital cycle from fundraising through to exits. Access the Dealmaker’s Log here
4. Biochar Industrial Group raises $1.5m pre-seed round
Biochar Industrial Group, a climate technology enterprise focused on industrial-scale carbon removal across sub-Saharan Africa, has raised $1.5 million in pre-seed capital. BREEGA led the round, with participation from The Catalyst Fund and non-dilutive support from the Mulago Foundation. The company converts agricultural waste from food processors into biochar through pyrolysis, generating both soil amendments that restore degraded farmland and verifiable carbon removal credits. Read the full article
5. 3IF Ventures invests in African insurtech Turaco
3IF Ventures has made its first investment from its Inclusive Insurance Investment Fund, backing Turaco, an embedded micro-insurance platform operating across six African markets and Pakistan. Turaco provides low-cost medical and life insurance products through partnerships with distributors including Safaricom, M-KOPA and ASA International. Read the full article
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Building a private equity business in Nigeria
Femi Ogunjimi co-founded the Nigerian financial firm CardinalStone in 2008. He now focuses on its private equity arm, CardinalStone Capital Advisers, which invests in West African companies. He spoke to Africa Private Equity News editor-in-chief Jaco Maritz about his journey as an entrepreneur and investor. Read/watch the interview