Sitemap - 2020 - Africa Private Equity News
Africa Deal Roundup: 15 deal, fundraising and exit announcements in December
We revisit eight of PE firm Helios' major moves during 2020
Inspired Evolution leads $35m investment in energy services company
10 African agribusiness and food PE deals in 2020
PE firm Verod bullish about import substitution in Nigeria
Egypt: Actis portfolio company set to acquire healthcare group
PE firm exits 20% of its stake in Total Egypt
The 5 most popular stories on Africa Private Equity News this week
New investment in Nigerian rice project
ITL e-News: EU Blacklist Update
Ethiopia's business environment and untapped opportunities: PE investor shares insights
TLG Capital exits Nigerian investment
Sunfunder invests in agricultural cold chain company InspiraFarms
FSD Africa commits $4.5m to Covid-19 recovery funds
African digital bank raises $2m in funding
Ghana's Zeepay receives $940,000 seed capital
10 African private equity exits during 2020
New investment in West African beekeeping
IFC approves funding for Tanzanian glass container manufacturer
FMO provides funding to agri trading company
Enygma Ventures announces $650,000 investment in Zambian company
Ekuity Capital and UGFS-NA invest in Tunisian plastics company
Swedfund commits additional $10m to African PE fund
African Development Bank approves investments in Berkeley Energy fund
The 5 most popular stories on Africa Private Equity News this week
Alterra Capital Partners makes two appointments
EBRD co-invests in pharmaceutical business
Sanlam SME Debt Fund backs three South African businesses
Interview: Paulo Martelli, chief investment officer, FinDev Canada
Pearl Capital Partners: Lessons learnt from backing East African agribusiness companies
STANLIB raises $370m for South African infrastructure fund
LP proposes $18m investment in Convergence Partners fund
Ilara Health raises $3.75m, led by TLcom Capital
Ethos secures advisory contract for Ninety One's Africa PE funds
Standard Bank: Accelerating towards Africa’s digital future
Solar power company secures debt facility from Nigeria Infrastructure Debt Fund
Minet Group and Africa Lighthouse Capital acquire Aon’s operations in Botswana
West Africa: Solar pay-as-you-go distributor raises $8.5m
Egypt’s loyalty app Zeal raises six-figure seed funding
FMO and Cathay AfricInvest Innovation invest in South African agritech startup
The 5 most popular stories on Africa Private Equity News this week
InfraCo Africa invests in InfraCredit to unlock infrastructure finance in Nigeria
Watch: Mauritius opens doors to foreign nationals
TLG Capital exits Uganda investment at over 30% IRR
Helios invests in discount grocery retailer
StarNews raises funding from Investisseurs & Partenaires
Nigerian consumer credit startup raises $1.5m from Y Combinator, others
Fairfax Africa and Helios announce completion of strategic transaction
IFC proposes funding for Carlyle-backed Ugandan pharmaceutical company
DEG invests $10m in African fund
Standard Bank Weekly Market Update 8 Dec: The latest African economic data
Kenya: Energy Access Ventures, Acumen, others invest $14m in SunCulture
South African fund managers: Trends in fund domiciliation and capital raising
Secha Capital makes two investments from its new fund
Mauritius: Inside Capital invests in recyclable waste collector
EXEO Capital invests in Kenyan ice cream company
Criterion Africa Partners exits Ugandan timber plantation
Convergence Partners acquires additional interest in ChannelVAS
Enygma Ventures opens applications for investment
Climate Fund Managers backs solar-powered desalination in Kenya
LCP Fund II makes inaugural investment in Egyptian loyalty solutions provider
The 5 most popular stories on Africa Private Equity News this week
Dealmaker's Log: November 2020
South Africa: Edge Growth backs laboratory supplies company
SAVCA 2021 Private Equity Industry Conference: Early-bird discount closes soon
LP mulls €20m investment in Amethis fund
Ethos Capital sells part of its shareholding in Channel VAS
Verod appoints former CDC dealmaker as COO
Knife Capital and RMB invest in tech company
Africa Deal Roundup: 15 deal, fundraising and exit announcements in November
Standard Bank Weekly Market Update 1 Dec: The latest African economic data
FMO and Energy Access Ventures back ZIZ Energie
African Infrastructure Investment Managers raises $80m
Harith General Partners invests in Zimbabwe border post project
Zebu Investment Partners commits $6.5m to AMC Trade Finance
LP backs African clean cooking fund with $5m
South Africa: Access management start-up raises funding from impact investor
Travel platform raises six-figure investment
The 5 most popular stories on Africa Private Equity News this week
AfricInvest portfolio company InstaDeep in strategic collaboration with BioNTech
FMO supports biogas project in South Africa
Standard Bank Weekly Market Update 24 Nov: The latest African economic data
Opportunities in Africa’s food industry: Silk Invest CEO shares his perspective
Off-grid power projects could modernise South Africa’s energy sector
Private Equity Africa 2020 Awards winners announced
Goodwell invests $1.5m in Mozambique's Chicoa Fish Farm
Opinion: Amend Income Tax Act to encourage investment in South African SMEs
Ghana: EAIF lends $31m to Helios-backed company
AfricInvest exits engineering company
WEBINAR: Mauritius opens doors to Foreign Nationals
DOB Equity invests in East Africa’s largest commercial fish farm
Development Partners International announces landmark African agri deal
AfricInvest acquires a minority stake in Ghanaian bank
South Africa: Private equity sees start of recovery
A.P. Moller Capital invests in grain logistics infrastructure in Africa
SAVCA statement on Moody’s and Fitch ratings downgrade of South Africa
Kenya: InfraCo Africa backs electric taxi-hailing service
Jeff Bezos invests in African fintech startup
Autochek secures $3.4m funding, led by TLcom Capital and 4DX Ventures
The 5 most popular stories on Africa Private Equity News this week
Capitec-backed Imvelo Ventures makes fintech investment
WEBINAR: Mauritius opens doors to Foreign Nationals
South Africa: Online retailer secures series A funding
Ethiopian e-commerce platform attracts investors despite domestic and global challenges
Lion's Head debt fund backs Bboxx's expansion in DRC
TalentQL raises $300,000 pre-seed led by Zedcrest Capital
Accelerex secures $20m investment from Africa Capital Alliance
Naspers invests in South African online learning platform
Enygma Ventures invests in food business
Standard Bank Weekly Market Update 17 Nov: The latest African economic data
Old Mutual Alternative Investments backs education group
Proparco backs €5m Bridge Fund for African companies
FinDev Canada proposes investment in forestry business
DPI and CDC partner to create $750m pan-African pharma platform
African Infrastructure Investment Managers acquires equity stake in MetroFibre
CrossBoundary Energy fully exits first fund at a 15% net IRR
South Africa: IFC proposes investment in Apis Partners-backed payments company
South African investment firm Secha Capital sees opportunity in ‘boring’ sectors
Bamboo Capital Partners appointed as managers of new fund
Green Climate Fund board extends Climate Investor One's approved country list
The Currency Exchange Fund raises more than $200m
Kenya: Supply chain platform Sote raises $3m seed round
The 5 most popular stories on Africa Private Equity News this week
DOB Equity makes further investment in plastics recycling business
Novastar Ventures leads East African insurtech company's $2m fundraising round
South Africa: FinChatBot secures investment from Saviu, Compass and Kalon
FMO proposes co-investment with Ezdehar Egypt MidCap Fund; 8 Miles to exit
North Africa: IFC mulls $15m investment in VC fund
FMO proposes €18m investment in PE fund
Vumela Fund, managed by Edge Growth, invests in consulting firm
Nigerian digital bank closes $10 million funding
Standard Bank Weekly Market Update 10 Nov: The latest African economic data
Bowmans: Impact Investing in Kenya, Mauritius and South Africa
South African livestock auction platform receives $1.5m investment
IFC proposes debt financing for Helios Towers
European DFIs and EIB launch €280m Covid-19 financing initiative
Standard Bank Weekly Market Update 3 Nov: The latest African economic data
FMO proposes investment in Nigerian fintech company
CDC backs BlueOrchard's Covid-19 support fund
Nigeria: Microtraction invests in credit assessment platform
EXEO Capital makes education investment
Egypt: FMCG logistics platform raises six-figure seed funding round
The 5 most popular stories on Africa Private Equity News this week
Sawari Ventures backs fashion platform Brantu
South Africa: Eris Property Group raises $41m for student accommodation fund
DEG commits $40m to AfricInvest Fund IV
ITL recognised as a top African fund administrator at AGF Service Providers Awards
Atlan Space raises $1.1m from Maroc Numeric Fund II
ITL: Recent amendments to the Mauritius employment landscape
Kenya: Agri marketplace platform receives funding from Gray Matters Capital
Lateral Capital and Consonance lead investment in Nigerian HR platform
Covid-19 crisis highlights the need for flexible energy systems and a bigger role for renewables
Climate Fund Managers to co-develop renewable energy project in Nigeria
Pan-African media company raises $400,000 seed round from several investors
Imperial Venture Fund invests in African e-logistics company
Africa Deal Roundup: 15 deal, fundraising and exit announcements in October
Salesforce Ventures launches new $100m impact fund
The 5 most popular stories on Africa Private Equity News this week
Investing in Ethiopia: An interview with Zoscales Partners' Ashenafi Alemu
Zambia: InfraCo Africa backs renewable energy company GreenCo
Incofin to manage €40m liquidity facility for smallholder farmers
SAVCA 2021 Private Equity Industry Conference: 3 – 4 March 2021
East Africa: Agri-Business Capital Fund signs $2m revolving credit facility
Namibia: Eos Capital backs kelp farm
Kenya: Toyota Tsusho's Mobility54 invests in transport platform
East African fund KawiSafi Ventures backs Angaza's $13.5m funding round
SEAF Morocco Growth Fund invests in cybersecurity company
Axian commits to African Development Partners III fund
ShEquity makes investment in Kenyan insect protein company
Mauritius: Introduction of the Premium Visa
Millennials may permanently change the ESG investor landscape
East Africa: Swedfund invests $1m in e-commerce platform
CDC commits additional $40m to Liquid Telecom
Investor interview: Agribusiness trends and opportunities in Nigeria
FinX Capital invests in South African healthtech startup
FMO proposes working capital loan to agricultural group
The 5 most popular stories on Africa Private Equity News this week
Landmark sustainability-linked loan indicates a shift towards sustainable finance solutions
Norfund sells SN Power to Scatec Solar
Côte d'Ivoire: Comoé Capital exits stake in publishing company
Announcing the $4.3m Catalyst Fund Inclusive Digital Commerce Accelerator in Ghana
Foundation Ventures launches its debut Egypt-focused fund with four investments
IFC proposes additional investment in Kenya's Twiga Foods
Gulf Capital acquires majority stake in the CWB Group
Standard Bank Weekly Market Update 20 Oct: The latest African economic data
Harith General Partners appoints new CEO
Why a simple Reg 28 amendment could fuel South Africa’s economic recovery
South African company lands investment from US-based VC fund
Kenya's Ilara Health secures $1.1m grant
Secha Capital Fund II holds first close at $30m
AfricaGrow fund of funds invests €30m in the African market
ITL: Update on EU list of High Risk Third Countries
Proparco invests in Egypt-focused LCP Fund II
Nigeria: Drone data company AirSmat raises $100,000 investment
AfricInvest Fund IV in line for further $15m commitment from LP
Gaia Fund Managers addresses need for infrastructure-based investments with new fund
The 5 most popular stories on Africa Private Equity News this week
Former Investec Africa PE head in new position
4G Capital and Citi collaborate to strengthen financial inclusion in Kenya
[Bowmans] The African Continental Free Trade Area – Development accelerator or more of the same?
EIB approves €5m investment in specialised microfinance vehicle
DFC announces new global development strategy
Stripe to acquire Nigerian company Paystack
DFC commits $1.55m for Ethiopian geothermal power project
Standard Bank: New investments will give Africa the lead in agri development
South Africa: Crossfin exits investment in wiGroup
African Infrastructure Investment Managers involved in South African solar deal
CPCS to help PE firm Stonechair Capital manage energy investments worth $300m in Africa
Kalon Venture Partners and IDF invest in South Africa's Carscan
Goodwell launches PE fund for Belgian investors seeking exposure to Africa
Actis acquires fibre business in South Africa for $140m
North Africa: New $60m VC firm launched by veteran investors
Egypt: Financial-wellness platform raises $2.1m in seed investment
Verdant Capital arranges $10m debt and equity financing for Tugende
Namibia: Eos Capital launches agriculture fund
Webinar invitation: Debt restructuring and corporate reorganisations
EIB mulls investment in Badia Impact Fund II
The 5 most popular stories on Africa Private Equity News this week
Bpifrance and Proparco fund of funds seeks to back African PE firms
TLG Capital acquires 49% stake in Opportunity Bank Uganda Ltd
IFC invests in Egyptian private equity fund
SAVCA appoints two new board members
From agriculture to real estate: Investor shares insights on opportunities in Africa
South Africa: IFC proposes investment in real estate fund
Kenya: Platform Capital invests in cooking fuel company KOKO Networks
Standard Bank Weekly Market Update 6 Oct: The latest African economic data
Egyptian American Enterprise Fund invests $50m in LCP Fund II
LP invests additional $10m in SPE Africa Industrialisation Fund
Localisation: Supporting a strong recovery in South African manufacturing
Proparco extends $60m loan to telecoms infrastructure company
Tugende closes $6.3m Toyota Tsusho-backed investment round
Egypt: Fashion rental platform raises seed round from 500 Startups, Algebra Ventures, others
Vantage Capital invests $28m in healthcare group
Dealmaker's Log: September 2020
EIB commits $22m to first close of Lorax Capital Partners fund
The 5 most popular stories on Africa Private Equity News this week
Nigerian impact firm All On invests in solar company
Spear Capital invests in plastics manufacturer
Actis portfolio Lekela receives grant to explore potential for grid-scale battery storage
LP commits up to $50m for Lorax Capital Partners fund
Nigeria: Honeywell's VC arm invests in fintech startup
Former Wendel Africa CEO joins SPE Capital
Goodwell leads $2.1m investment in Zambian agribusiness company
African Guarantee Fund appoints new group CEO
Standard Bank Weekly Market Update 29 Sept: The latest African economic data
Africa Deal Roundup: 15 deal, fundraising and exit announcements in September
AVCA report reveals performance of Africa's PE industry in first half of 2020
DPI’s African Development Partners III fund chosen as the first 2X Flagship Fund
West Africa: Acumen and FMO back Easy Solar's $5m funding round
Helios Investment Partners’ eventful third quarter
GreenTec Capital Partners invests in Nigeria’s Powerstove
Inside Capital merges Zambian brick manufacturer with Zimbabwean entity
AfricInvest Private Credit backs Rwanda’s Africa Medical Supplier
Dealmaking in South Africa: Interview with investor Zuko Kubukeli
Investor injects mix of equity and debt into Nigerian solar panels assembler
CDC and Nigeria Sovereign Investment Authority intend to co-invest
South Africa: Kagiso Asset Management invests in Actis portfolio company
Ethos Capital results for the year ended 30 June 2020
OPEC Fund approves $20m for SMEs in East Africa
Viamo secures growth investment led by VestedWorld
Alta Semper Capital increases stake in consumer healthcare company
Capitalworks acquires stake in South African alcoholic beverages company
The 5 most popular stories on Africa Private Equity News this week
RMB Corvest portfolio company receives green light to acquire additional KFC outlets
Standard Bank Weekly Market Update 22 Sept: The latest African economic data
Maris subsidiary Agris invests in Kenyan herb farm
Impact investor opens Kenya office; appoints regional manager
Impact fund backs five SMEs in Burkina Faso
Zambia: Widenergy receives investment from ShEquity
South Africa: Vuna Partners acquires 80% stake in logistics company
Greenlight Planet secures $90m from CDC, ARCH Africa Renewable Power Fund, others
Lateral Capital backs Nigerian fintech company
DFC provides $35m financing to Nigerian solar energy company
The difference between ESG and impact investing and why it matters
Standard Bank Weekly Market Update: The latest African economic data
CDC-backed PE fund acquires minority stake in Egyptian healthcare group
Nigeria: Platform Capital invests in digital media publisher
Helios backs African reinsurance business
The 5 most popular stories on Africa Private Equity News this week
Impact investor backs three African digital startups
Record exit activity reported by VC fund managers in South Africa
Agri-Business Capital Fund makes two new investments in West Africa
Endeavor Catalyst III fund reaches final close
South Africa: GSV Ventures invests $7m in online high school Valenture Institute
Naspers Foundry invests in food service industry
PAPE Fund 3 acquires stake in DDS Group
INVITATION: Launch of the SAVCA 2020 Venture Capital Industry Survey
FMO invests in XSML's third fund
Palladium acquires minority stake in Bamboo Capital Partners
Djibouti launches sovereign fund; advised by SouthBridge
TPG Growth portfolio company acquires South Africa's Okuhle Media
Xecced Ventures unveils AI fund
IFLR confirms Bowmans status as leading multi-jurisdictional adviser in Africa
Kenya: African Diaspora Asset Managers receives fund manager licence
The 5 most popular stories on Africa Private Equity News this week
Agribusiness in Africa: Investor reveals which areas hold the most potential
East Africa: DFC announces two e-commerce investments
Standard Bank Weekly Market Update 8 Sept: The latest African economic data
[Bowmans] Urban development: the transformation of African cities
South Africa: Jacana Capital gets approval to acquire insurance broker
AMMP Technologies receives investment from Point Nine Capital, Raba and Musha Ventures
Small Foundation invests in EFAfrica Group
Rand Merchant Investments exits fintech company at well above target IRR
GreenTec Capital Partners invests in Cameroon-based Freshbag
Helios leads $60m funding round for cross-border payments company
LeapFrog increases investment in digital health company
Africa Private Equity News Dealmaker's Log: August 2020
South African private equity takes a knock but will rally
South Africa: Apex Partners gets go-ahead for proposed industrial deal
Crypto startup Yellow Card lands investment from Celo Ecosystem Fund
Standard Bank Weekly Market Update 1 Sept: The latest African economic data
Emerging Capital Partners receives green light for acquisition of Remitix
The 5 most popular stories on Africa Private Equity News this week
Proparco and Energy Access Ventures back Solarise Africa investment round
XSML announces first close of African Rivers Fund III at $54m
Bowmans and Nigeria's UUBO enter into an alliance
Kenya: Internet service provider secures investment
Christian Kettel Thomsen appointed as new Vice-President of the EIB
Nigerian healthcare investor plans to raise $1bn fund
Metier invests in South African renewable energy business
Three African startups scoop $75,000 in investments
Amethis portfolio company makes healthcare acquisition
Sierra Leone: FMO invests in off-grid energy company
Swedfund commits $12m to fund managed by Nairobi-based SunFunder
Africa Food Security Fund anticipates $100m final close by December
Africa Deal Roundup: 15 noteworthy deals and announcements in August
Actis-backed West African data centre operator announces $100m expansion
Actis receives commitment from Korea's state pension fund
The 5 most popular stories on Africa Private Equity News this week
CDC Group announces Miro Forestry fundraising close
PraxisIFM and Oak announce plans to form new expanded financial services group
Akinwumi Adesina re-elected as president of the African Development Bank
EFG Hermes, GB Auto complete majority stake acquisition of Egyptian insurance firm
Ascent Capital country director reveals Uganda's hottest investment opportunities
Sahel Capital appoints principal
Leapfrog portfolio company WorldRemit to acquire Sendwave
Standard Bank Weekly Market Update 25 Aug: The latest African economic data
ITL: Insight into Mauritius' Finance Act 2020
Kibo Capital portfolio company raising $6.5m to finance potential liquidity shortfall
Zebu's Africa Food Security Fund backs South African company
PE firm makes further investment in Tanzania’s dairy sector
SparkMeter raises $12m from Clean Energy Ventures, Goodwell, others
Enygma Ventures invests in South African recruitment company
South Africa: DataProphet raises $6m funding round, led by Knife Capital
EFAfrica Group raises $12m; acquires Tanzanian equipment finance business
Bowmans: African merger and acquisition trends during the pandemic
17 African private equity exits so far this year
Due Diligence: Eos Capital partner unpacks Namibia's investment opportunities
The 5 most popular stories on Africa Private Equity News this week
FMO proposes investment in South African agritech company
African Infrastructure Investment Managers plans additional investment into Bboxx
Impact fund makes agribusiness investment in Madagascar
Standard Bank Weekly Market Update 18 Aug: The latest African economic data
Gabon: IFC mulls investment in Meridiam-backed hydro project
Helios portfolio company Solevo signs new distribution partnership
Proparco backs Kenya Nut Company with $18.7m loan
South African telemedicine company attracts investment from AlphaCode and Endeavor
Africa Foresight Group lands investment from Consonance and family office
Helios hires ESG director from Carlyle
PE-backed telecoms tower operator IHS exploring IPO in US
Tembo Capital aims to raise $300m for third mining fund
Standard Bank Multi-Currency Facility: Access liquidity in multiple African currencies
Mali: Off-grid solar company secures investment
Kenya's WorkPay raises $2.1m in funding led by Kepple Africa Ventures
Egyptian B2B e-commerce platform signs new investor
Sanari Capital invests $1.5m in South African technology company
Seema Lalloo joins private equity fund Secha Capital
The 5 most popular stories on Africa Private Equity News this week
ITL: Mauritius – a more accessible work-and-live destination
South Africa: SA SME Fund backs Covid-19 testing interventions
Investing in African healthtech innovation
FMO reveals proposed off-grid power investment alongside Energy Access Ventures
Kenyan retailer Naivas raises $55m from sale of stake to PE investors
Helios portfolio company completes $53m tomato processing factory in Nigeria
Africa Private Equity News Dealmaker's Log: July 2020
Motseng Women Investments participates in acquisition of Mott MacDonald Africa
Standard Bank Weekly Market Update 11 Aug: The latest African economic data
South African private equity remains favourable relative to listed market
Egypt: Global Ventures and FMO participate in Paymob's $3.5m funding round
Verod completes Nigerian financial services deal
Egyptian beauty services booking platform secures six-figure seed funding
CDC establishes permanent presence in Egypt and appoints coverage director
20 SMEs selected for Knife Capital-backed Grindstone Accelerator programme
E4E Africa fund backs South African startup
The 5 most popular stories on Africa Private Equity News this week
AHL Venture Partners exits several deals
ITL e-News: Business developments in Mauritius and Seychelles
I&M Burbidge Capital advises Kenya Nut Company on debt deal
South Africa: Vunani proposes separate listing of private equity assets
DFC announces new members of development advisory council
Ninety One and Pembani Remgro involved in Benin power project
Nigerian bus sharing platform raises pre-seed investment
Sale of Burger King South Africa to ECP renegotiated
Standard Bank Weekly Market Update 4 August: The latest African economic data
SEAF Morocco Growth Fund welcomes new investor
Africa Deal Roundup: 15 noteworthy deals and announcements in July
Enygma Ventures’ Shift Fund opens for second round of funding
New Knife Capital-backed VC fund launched in South Africa
AIIM CEO Jurie Swart steps down; new joint-MDs appointed
RMB Corvest acquires share in South African energy drinks business
BIX Capital lands $5m commitment from DFC
The 5 most popular stories on Africa Private Equity News this week
Private equity in Southern Africa: 7 takeaways from SAVCA’s latest survey
The impact of Covid-19 on Eos Capital Namibia
Edge Growth backs South African industrial supplier Massive Quantum
Bob Geldof's 8 Miles set to exit Uganda's Orient Bank
Southern Africa: Private equity industry well positioned to navigate Covid-19 crisis
Enko Capital Managers set to start fundraising for second fund
Bowmans: Mauritius strengthens its anti-money laundering framework
BlueOrchard announces $80m final closing of IIF Private Equity Sub-Fund
Standard Bank Weekly Market Update 28 July: The latest African economic data
Apis portfolio company DPO Group to be acquired by Network International
CDC-backed Feronia sells stake in DRC palm oil business
Fund managed by Finance-In-Motion secures $10m from FMO
LeapFrog makes three leadership appointments following record fundraise
EIB approves $10m for debt fund managed by BlueOrchard
LP mulls $20m commitment to ARCH Cold Chain Solutions East Africa Fund
Enko Capital exits logistics company to global shipping giant
InfraCo Africa provides funding to hydro project in Sierra Leone
The 5 most popular stories on Africa Private Equity News this week
Ninety One reveals details of its $600m Covid-19 recovery fund
South Africa: VALR raises $3.4m; investors include 4Di and Michael Jordaan
Bowmans: Key considerations prior to a delisting
Invitation: Launch of the SAVCA 2020 Private Equity Industry Survey
East Africa: KawiSafi Ventures invests $5m in clean energy company
Vantage Capital provides funding to affordable housing development
Standard Bank Weekly Market Update 21 July: The latest African economic data
ShEquity makes first investment into data analytics company
Senegal: WIC Capital invests in tyre recycling company
Standard Bank launches paper on Africa’s platform economy
PE fund Vital Capital to collaborate with USAID’s Kenya Investment Mechanism
Zambian food startup Sage Valley lands financing from Empress Fund
Actis reaches $2.9bn first close for energy fund
Zimbabwe: Mangwana Opportunities Fund completes transaction
South Africa: SA SME Fund backs new venture capital vehicle
The 5 most popular stories on Africa Private Equity News this week
Standard Bank Weekly Market Update 14 July: The latest African economic data
WSJ: Abraaj liquidators sue fund backed by Gates Foundation
Verod hires new senior deal maker for Lagos office
Vumela Fund, managed by Edge Growth, invests $1m in Sea Monster
Energy Access Ventures invests in Chad-based electrification company
PE-backed TransCentury seeks to voluntarily delist from Nairobi Securities Exchange
South Africa: Futuregrowth invests in SweepSouth
Côte d'Ivoire commits €5m to Bamboo-managed fund
Standard Bank Weekly Market Update: The latest African economic data
DFC to launch regional team based in Africa
Kenya: Forestry company raises $28m in equity funding
TradeDepot secures additional $10m from IFC, Partech, others
Pele Green Energy refinances stake in South African solar farm
New chief funds operations officer joins Verod from Leapfrog
EFG Hermes and Sovereign Fund of Egypt get approval to acquire 76% of Arab Investment Bank
Kenya: PE-backed Cold Solutions to invest in warehouses
Helios and Fairfax Africa intend to combine businesses
Norsad Finance provides funding to regional education group
The 5 most popular stories on Africa Private Equity News this week
African Rivers Fund III signs new LP
Back to the future: Fundamental changes across the consumer sector in Africa (part 1)
IFC provides funding to healthcare business in Ghana
OnePay raises funding from Maroc Numeric Fund II
SolarX raises funding to develop commercial solar across West Africa
Senegal: EAIF, managed by Ninety One, anchors $170m telecoms bond issue
Enygma Ventures invests $1m in Zambian fintech startup
Fund-of-funds seeks to back African PE firms; announces first close
GreenTec Capital Partners invests in Nigerian wholesale e-commerce platform
South Africa: Edcon to sell parts of business to PE-backed rival
Interview with Marc Immerman, director, Metier Private Equity
Helios fund lands $100m commitment from LP
Standard Bank looks to inspire hope with new brand positioning
Acumen exits Tanzania's KopaGas
FyreFem Fund Managers in South African industrials deal
The 5 most popular stories on Africa Private Equity News this week
Africa Deal Roundup: 15 noteworthy deals and announcements in June
Kenya: Leapfrog announces financial services investment
SA SME Fund signs new investment
PE fund lands $70m from CDC Group and Finnfund
Actis-backed education platform acquires Nigerian university
Bowmans: African free trade area – from agreement to implementation
Standard Bank: Unlocking Africa’s agribusiness potential with platform thinking
North African healthcare company receives over $100m in equity finance
DFC: 2X Challenge drives $4.5bn of investment to women in developing countries
IFC approves $25m investment in Lorax II fund
Fund administration in Mauritius: An interview with ITL’s Yan Ng
These 10 African PE funds received investment from CDC in the previous financial year
MFS Africa acquires digital payments company
Medu Capital acquires 25.1% of Weir Minerals South Africa
Due Diligence: Doing deals in Ethiopia – investor shares lessons learnt
Climate Fund Managers backs wind farm in Tunisia
IFC provides €10m in financing to Tunisian date exporter
The 5 most popular stories on Africa Private Equity News this week
West Africa: Off-grid energy company Energicity raises $3.25m seed funding
Nigerian fintech company raises funding from four investors
Global Talent Competitiveness Index 2020: Mauritius 1st in Africa
Proparco takes a $30m stake in pan-African fund AfricInvest IV
Djibouti announces sovereign wealth fund for regional investments
DEG subscribes to bond issued by Helios Towers
CDC: What’s the future of online higher education in Africa?
Ingressive Capital grows African fund to $10m
Catalyst Fund backs three African startups
Value of African VC deals grows to $1.4bn in 2019
Stonechair Capital announces operating partner for African energy fund
Inside Capital Partners invests in Zambian waste recycling company
HAVAÍC invests in South African mobile marketing platform
MoneyFellows raises $4m from Partech and Sawari Ventures
Tshego Sefolo: Four key pieces of advice for business survival during Covid-19
Zeder exits stake in South African feed and poultry business
Egypt: IFC invests in Globaltronics
The 5 most popular stories on Africa Private Equity News this week
DRC: Gaia Impact Fund invests in energy company
Emerging Africa Infrastructure Fund anchors successful bond issue by Helios Towers
Why we invested: DPI sees export opportunities for Tunisian food company
Cameroon: Proparco supports Actis-backed shopping mall
South Africa: Senatla Capital buys stake in advertising group Joe Public
Y Combinator invests in Egyptian online real estate platform
Finnfund-backed impact vehicle reaches first close at €76m
Personal cars for the unbanked: South African company raises $2.4m
EIB mulls $17m investment in African fund
CDC Group signs partnership memorandum with Rwanda Finance
Egypt: Online pharmacy marketplace raises seven-figure funding round
Chicago-based impact investor backs Rwandan food distributor
PayGo Energy secures investment to expand to Asia
Interview: Alexandre Alfonsi, founding partner, Axonia Partners
CDC Group appoints new head of business integrity
The 5 most popular stories on Africa Private Equity News this week
Mauritius Budget 2020/2021: A Robin Hood-esque Act
TRAINING: SAVCA-GIBS Foundation Programme in Private Equity 2020
Futuregrowth makes venture capital investment in LifeCheq
Edge Growth backs South African service station business
Sanlam Investments launches three South Africa-focused funds
FMO's Peter van Mierlo steps down as CEO
Bowmans: Energy transition dynamics on the African continent
Mergence and Third Way in South African renewable energy deal
Kenya: African Frontier Capital announces $65m off-grid solar financing vehicle
Sun Exchange secures $3m investment from Mauritian PE fund
Brait sells stake in Iceland Foods
Ethos Mezzanine Partners and Proparco invest in Ethiopian FMCG platform
DFC announces five new investments in Africa
Àrgentil Capital Partners makes follow-on investment in Nigerian housing company
Ninety One and Ethos Private Equity launch South African fund
Platform Capital invests in Merge Tech
South Africa: PIC gets green light for Alzu Agri investment
West Africa: FMO backs Miro Forestry
The 5 most popular stories on Africa Private Equity News this week
LionPride Agility Fund invests in South Africa's BusyMed
SPE Capital attracts $25m investment from American LP
Obviam launches $60m impact fund
Mauritius issues communique on the new EU List
DFC commits $30m to African PE fund
Ghana: Agri-Business Capital Fund signs debt deal with soya processor
MIT venture vehicle backs Kenyan healthcare company
Nigeria's Platform Capital invests in East African consumer credit company
RMB Corvest to exit investment in South African company
Investing in East Africa: An interview with Ascent Capital Africa founding partner
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SAVCA calls for Regulation 28 amendments to support South Africa’s economic recovery
South African investment company lists on Rwanda Stock Exchange
Bowmans expands into Malawi and Zambia
Longevity announces African water services transaction
Oppenheimer-backed Tana Africa Capital signs healthcare investment
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DHL Express cements commitment to African e-commerce with strategic investment
Evolution II Fund closes buy-out transaction
South Africa's PIC appoints new CEO
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CDC invests in tech-enabled healthcare company mPharma
CRE Venture Capital leads $2.5m investment in African mobile gaming company
International LPs will have less capital to deploy to African PE, says TPG’s Yemi Lalude
Carlyle spins out Africa team to Alterra Capital – Bloomberg report
Goodwell backs Inclusivity Solutions with follow-on investment
South Africa's PIC invests $50m in Aradei Capital
Gulf Capital exits healthcare company to Mediterrania-led consortium
PE firm Cepheus nears close for $100m Ethiopia fund
Covid-19: DFC announces $4bn facility for its existing projects
Novare: Prepare for resurgent property markets in Africa
Zoscales Partners makes first investment in Ethiopia's healthcare sector
Spear Capital seals investment in South African online fashion retailer
Old Mutual's UFF Agri backs Malawian farming business
South Africa: Edge Growth makes education investment
Interview with Centum's James Mworia: Investing in family-owned businesses
Nairobi-based Apollo Agriculture raises $6m
KawiSafi Ventures leads investment in cold storage provider
Swedfund signs €5m debt deal with East African financial institution
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Mauritius: The COVID-19 (Miscellaneous Provisions) Act 2020
Mediterrania Capital Partners acquires healthcare company
Tanzania: AgDevCo signs debt deal with producer of grain storage bags
Pearl Capital Partners backs Ugandan seed company
PE firm makes further investment in Ethiopian e-commerce company
DPI makes $56m investment into food business
Covid-19 could lead to import substitution opportunities for Africa, says fund manager
Nigeria: AG Rhino signs investment in mobile advertising company
Ghana: Actis exits former Abraaj investment
CDC Group unveils record levels of trade finance to Africa and South Asia
Naspers invests in agritech business, Aerobotics
Swiss DFI invests in Novastar Ventures Africa Fund II
Nigeria's Platform Capital commits to Latin America-based venture capital fund
Nigerian tomato producer secures equity investment of €3.9m
Cepheus Capital invests in Ethiopian FMCG company
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South African PE firm Agile says it has R900m available for investment opportunities
UW Ventures and Allan Gray join 4Di Capital by investing in South Africa fintech company
Soros invests $10m in African private equity fund
Initiative to provide funding to women fund managers in Africa
Business unusual for South African private equity
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SunFunder closes four African debt deals
Covid-19 accelerates digital advancement, bringing opportunities to investors and start-ups
Novastar Ventures announces final close of second Africa fund
Mauritius on the EU list of High Risk Third Countries
Silk Road Fund takes up 49% shareholding in ACWA Power Renewable Energy Holding
Ninety One exits portion of its PE investment in FMCG company
Egypt: Algebra Ventures backs direct selling platform Brimore
FMO proposes $15m investment in Rwandan bank
ECP portfolio company acquires Zoona Malawi’s operational assets
North African healthcare platform in line for equity deal with European DFI
Convergence Partners platform acquires Vodacom Business Africa’s operations in four regions
$2bn for private sector healthcare investments: DFC announces call for proposals
Finnfund invests $15m in African agricultural supply chain business
Standard Bank brokers IPO for Airtel Malawi
AfDB welcomes $10m Clean Technology Fund investment in Ethiopia
Metrofile take-private PE deal postponed due to Covid-19
Due Diligence: Never buy into hockey-stick growth projections in Africa, says TLG Capital CEO
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AgVentures secures anchor commitment from Acorn
SouthBridge Group appoints new senior partner
MIGA insures Actis' energy investment in South Africa
Goodwell invests in East Africa Fruits
Nigeria's Helium Health secures $10m in series A financing round
Morgan Stanley-backed Capitalworks fund to invest in SA companies hit by Covid-19
Kenya: PE firm DOB Equity makes follow-on investment in education company
Adesuwa Okunbo Rhodes on how she founded Aruwa Capital Management
Fanisi Capital acquires stake in Kenya's St Bakhita Schools
South Africa: PAPE Fund Managers receives go-ahead for deal
African Infrastructure Investment Managers fund exits SA renewable energy projects
Cauris Management's Yeelen Financial Sector Fund has raised €35m of €65m target
European DFI backs Egyptian online jobs listing platform
PE firm SPE Capital secures $20m from French LP
Zimbabwe's Mangwana Opportunities Fund buys stake in oil and gas company
DFC appoints chief risk officer
Ghana: GreenTec Capital Partners backs retail platform
DPI fund in line for $20m investment from Canadian LP
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Mauritius Revenue Authority communique – Extension of deadline for FATCA reporting
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CDC Group hires former Goldman Sachs risk management expert
Àrgentil Capital Partners backs the development of COVID-19 mobile testing laboratories in Nigeria
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South Africa: Value Capital Partners acquires stake in payments company
DEG invests $3.1m for minority interest in Malawian agricultural solutions company
Egypt: Online food company receives additional investment
Kibo Capital invests in Mozambican education group
SAVCA COVID-19 Webinar: An ESG Informed Approach | Tuesday, 28 April 2020
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Nigeria: TLcom Capital announces first fintech investment
Kenya: Egyptian bank acquires 51% stake in specialist lender Mayfair
Nigerian education platform uLesson secures further investment
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New LP on the block: IFAD reveals it can now invest in funds
South Africa: Opportunities for PE to provide funding to distressed companies
ITL: Mauritius – changes in the regulatory and fiscal landscape
Kenya: FMO proposes $7.5m investment in micro-forestry company
Agri-Business Capital Fund signs new LP
Savannah Fund II in line for IFC investment
North Africa: Global Ventures closes first fund at $50m
Phatisa and partners acquire Southern African agricultural solutions provider FES
Bowmans' leadership in East and South Africa recognised
Sana Partners gets go-ahead to invest in company that adds value to wine waste
Mediterrania announces final close of third Africa fund
Old Mutual Private Equity a step closer to buying branded clothing distributor
DEG reveals details of investment in Kenyan retailer Naivas
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Alitheia IDF Fund reaches second close at $75m
Kenya: DEG provides funding to macadamia producer
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KeysFinance advises Ivorian group Plastica on takeover deal
Impact manager responsAbility receives additional backing for $200m private debt fund
EAIF and Finnfund appointed for the senior debt financing of Metier-backed hydropower project
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Enko Capital appointed as a manager for central bank employees' retirement fund
JSE-listed Labat Africa set to acquire 70% stake in cannabis company
Finnfund backs private healthcare company Humania
Enygma Ventures launches new fund to invest in post-pandemic innovation
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African genomics company, 54gene, raises $15m
Standard Bank takes 40% stake in digital fuel management company
MIGA’s $6.5bn fast-track facility to help private investors tackle COVID-19
North Africa: IFC to invest up to $20m in SPE Capital fund
Bowmans: COVID-19 disaster management tax relief for South Africa SMMEs
The Rise Fund's CIO appointed as co-managing partner of TPG Growth
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A.P. Moller Capital signs first deal in Kenya
LP commits $25m to Development Partners International's third fund
South African education business lands investment from Enygma Ventures
SPE Capital Partners and Proparco acquire healthcare player
Ata Capital receives green light to acquire industrial group
COVID-19: AfDB unveils $1.35bn private sector support facility
ITL: Stock Exchange of Mauritius resumes securities transactions
Fusion Capital offers rent relief for tenants in Nairobi office building
DBSA announces new head of the Independent Power Producers Office
GreenTec Capital Partners invests in Kenyan logistics company
EBRD provides €15m loan to Morocco’s automotive manufacturer Varroc Lighting Systems
SAVCA: Private equity and venture capital industry pledges over 1,100 hours to assist SMMEs
DEG signs $40m funding agreement with African agribusiness group
South Africa: New facility to incentivise fund managers to back green SMEs
Liberia: InfraCo Africa invests $7.5m in warehousing facility
DFIs join forces to finance local private sector response to COVID-19
French CEO backs Nigerian last-mile delivery platform
IFC reveals proposed investment in Ghanaian steel plant
Ethos-backed Brait intends to move registered office to Mauritius
Azur Partners lands €7m investment for Morocco fund
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Adenia Partners sells Mauritius paint business to global player
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DFC backs Kenya's Twiga Foods with $5m debt deal
Ghanaian healthcare group signs $2.5m loan to expand operations
IFC reveals proposed investment in Growthpoint healthcare property vehicle
Finnfund backs East African e-commerce platform with $1m
ITL: Mauritius COVID-19 updates
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Stanlib PE fund one step closer to acquiring AFGRI's grain silo business
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Vital Capital launches debt facility to offer critical funding to African companies