Sitemap - 2023 - Africa Private Equity News
South Africa: BII announces follow-on investment in Divercity
Intercontinental Trust (Seychelles) Ltd wraps up 2023 on a great note
Swedfund commits to Apis Growth Markets Fund III
African e-commerce giants Wasoko and MaxAB announce landmark merger
Rwanda: Electric transport company Ampersand raises $19.5m
Actis sale of BTE Renewables reaches completion
IFC backs Emerging Markets Infrastructure Fund II
DEG commits $20m to African infrastructure fund
Old Mutual Alternative Investments in South African energy deal
BII backs Singaporean company's expansion in Nigeria
South Africa: Parcel shipping platform raises $1m
The 5 most popular stories on Africa Private Equity News this week
SAVCA PE Conference 2024 early bird and sponsorship opportunities
Techstars announces 12 new investments through its Africa-focused programme
African aquaculture fund lands €15m investment
Old Mutual education fund reaches second close
Nithio secures €10m investment from IFU
European LP backs Adenia Capital fund
InfraCo Africa backs 'cooling-as-a-service' venture
Proparco, 27four lead investment in South African affordable housing platform
AAIC Investment partially exits Africa Healthcare Network
Criterion Africa Partners completes investment in Mozambique Fibra Lda
TLG Capital launches $5m debt facility for Flow 48
DFC to invest $24m in Miro Forestry
Sierra Leone: Solar project raises funding from DFIs
Mirova targets €350m for new strategy dedicated to sustainable land management
The 5 most popular stories on Africa Private Equity News this week
Africa Go Green Fund in $10m cookstove deal
Money can grow trees in Africa: What’s needed to finance Africa’s climate transition
Climate Fund Managers appointed investment manager of GAIA
STANLIB launches fund to help finance the energy transition in Africa
South Africa: HAVAÍC backs sporttech startup Sportable
European LP backs A.P. Moller infrastructure fund
Climate Fund Managers announces third close at $875m
South Africa: GoMetro secures £9m funding
Newtown Partners, Saviu Ventures, others back e-health startup
Morocco: Danish SDG Investment Fund in healthcare deal
Egypt’s WayUp Sports closes seed round
UM6P Ventures backs Moroccan B2B e-commerce startup Chari
Fortis invests in Spark Energy Services
Nigerian e-commerce platform closes $1.3m seed funding
Dealmaker's Log: African PE and VC deals in November 2023
Saviu Ventures fund reaches €12m first close
Kenyan fish farming platform Aquarech closes $1.7m funding
SAVCA: Early bird bookings to secure your seat at the industry's most sought-after event
Enko Capital exits its investment in Netis
The 5 most popular stories on Africa Private Equity News this week
PwC South Africa Economic Outlook | Fuel price declines coming to an end in 2024Q1
AAIC Investment backs South African biometric data analytics company
ARCH Cold Chain Solution East Africa Fund announces Uganda deal
Affirma Capital exits African beverage can manufacturer to Oppenheimer Partners
South Africa: Maiden exit for Summit Private Equity Fund I
ARCH Cold Chain Solutions Fund opens flagship cold storage facility in Kenya
Amethis, AfricInvest, others in telecom infrastructure deal
ARM-Harith boss Tariye Gbadegesin appointed CEO of Climate Investment Funds
BluePeak Private Capital invests $20m in logistics group
Nigeria: TLG Capital leads investment in digital trade finance platform FrontEdge
BluePeak Private Capital invests $20m in logistics group
DPI and Verod invest in Nigeria’s Pan African Towers
Catalyst exits four utility-scale solar projects
Aduna Capital launches $20m fund to back startups in northern Nigeria
Bpifrance invests in Mediterrania Capital Partners fund
IFC considering investment in African Rivers Fund
SAVCA appoints AIIM's Vuyo Ntoi as new board chairman
PE fund in line for $30m IFC commitment
AfricInvest backs African healthcare company
MaC Venture Capital and Ventures Platform lead investment in B2B marketplace for auto dealers
Acumen, Cygnum and Triodos back Easy Solar
Africa Go Green Fund announces interim close of $150m
CSquared raises additional funding from Convergence and IFC
Beyond Capital Ventures in African eyecare deal
South Africa: 1K Africa and Ascension Capital invest in Consumer Profile Bureau
Standard Bank co-funds top African fintech Optasia
Flat6Labs appoints partner for its Africa Seed Fund
Second close for Adansonia Tech Fund
Namibia: Eos Capital fund in fibre infrastructure deal
South Africa's Mineworkers Investment Company backs car insurance platform
Savant Venture Fund co-invests in South African hydrogen producer
Africa Capitalworks acquires majority stake in East African pharma manufacturer
Ghana: Injaro announces investment in Zeepay
SPE Capital exits Moroccan pharma company
SEAF backs Tunisian ecological packaging and printing company
IFC proposes investment in African VC fund
Goodwell Investments backs Zambia's Good Nature Agro
BII to exit East African financial group to AfricInvest
Ninety One and EAIF in African ICT debt deal
Legacy Africa Capital Partners invests in Welltec to enhance financial wellness in South Africa
AFC exits stake in Ghana port to Turkish operator
IFC appoints regional director for Southern Africa
Goodwell Investments doubles down on African insurtech play
XSML Capital invests $2.5m in Angola's auto sector
E3 Capital backs digital carbon financing platform
Dealmaker's Log: African PE and VC deals in October 2023
Norrsken22 closes African tech fund at $205m
Uganda: Pearl Capital Partners launches new agri fund
Norrsken22 closes African tech fund at $205m
Capitalworks in South African industrial deal
Novastar Ventures inks partnership with Japanese investor
BII backs African agri commodities platform
Emerging Africa Infrastructure Fund supports West Africa’s first social asset-backed security
Meridiam and Roha inject additional capital into Raxio Data Centres
Sanlam PE to exit Absolute Pets to Woolworths
Sanlam PE to exit Absolute Pets to Woolworths
Blue Earth Capital commits $20m to African Infrastructure Investment Managers fund
Blue Earth Capital commits $20m to African Infrastructure Investment Managers fund
EXEO Capital in Uganda dairy deal
EXEO Capital in Uganda dairy deal
The 5 most popular stories on Africa Private Equity News this week
SAVCA VC Conference 2023 highlights
Mediterrania to help Spanish agri solutions company grow its business in Africa
AAIC Investment fund receives further backing from Japanese entities for second close
AAIC Investment fund receives further backing from Japanese entities for second close
South Africa Economic Outlook October 2023 – Fiscal perspectives ahead of the MTBPS
LP proposes $40m investment in SPE Capital Partners fund
IFC proposes investment in Guinea furniture producer
Tunisia: Fund of funds backs Titan Seed Fund I
STOA, DFC and Proparco in Husk mini-grid funding round
Camco's Africa renewable energy fund receives $50m commitment
New partnership seeks to derisk Nigeria's mining industry
South Africa: RMB Corvest backs Switch Telecom
BluePeak Private Capital fund reaches final close
Market intelligence platform raises $1m seed funding
Gulf Capital exits BPO company
Agri-Business Capital Fund backs Ugandan coffee company
The 5 most popular stories on Africa Private Equity News this week
South Africa: Futuregrowth backs logistics software platform
Fund for Export Development in Africa invests in Angola oil refinery
Knife Capital leads Outsized funding round
Energy Entrepreneurs Growth Fund reaches final close at $125m
Incofin backs West African microfinance provider
Verod Capital and AfricInvest acquire majority stake in business process outsourcing provider
BII partners with private debt fund
Oasis Capital Ghana exits education investment
The 5 most popular stories on Africa Private Equity News this week
SA Mine 2023 report: Adapt to thrive
South Africa's largest pension fund seeks to back the growth of black-owned PE fund managers
Standard Bank supports STANLIB’s ambitions to expand its infrastructure investments
South Africa: Harith acquires significant stake in Mergence Investment Managers
DFC backs three Africa-focused PE and VC funds
Alitheia IDF invests in South African textile company
Mediterrania Capital Partners backs Morocco's Cash Plus
Senegal: Acasia Ventures leads investment in FMCG intelligence platform
Adenia Partners acquires majority stake in South Africa's Enfin
IFC invests in new LeapFrog fund
BlueEarth Credit Strategies II fund closes above $100m target
South Africa: Ribbit Capital backs Stitch's $25m funding round
SAVCA welcomes five new board members at 2023 AGM
Nigeria: ARM-Harith Infrastructure Fund in energy platform deal
The 5 most popular stories on Africa Private Equity News this week
LeapFrog’s Emerging Consumer Fund, targeting $1bn, will hold final close in Feb 2024
Africa Trust Group and Samata Capital form new fund manager
South Africa: Sanari Capital fund reaches $65m second close
South Africa Economic Outlook: In search of the lost demographic dividend
Kenya: Fortis Green Renewables invests in mini-hydropower projects
Dangote backs new African PE fund
Dealmaker's Log: African PE and VC deals in September 2023
Dangote backs new African PE fund
Gaia Energy Impact Fund II announces first close at €40m
CDG Invest Growth in fertiliser deal
Bamboo Capital Partners appoints CEO
Apis concludes $30m investment in Peach Payments
Commitments and accountability: What happened at Africa Climate Week 2023
DEG reveals investment in TLcom Capital fund
Renew Capital invests in Ethiopian micro insurance platform
The 5 most popular stories on Africa Private Equity News this week
South Africa: Invenfin makes fresh investment in Root
Standard Bank supports Banco Letshego by acting as a sole arranger in the domestic bond market
South Africa: Maia Capital in mezzanine debt deal
Amethis announces investment in Energy Transfo
Kenya: Lipa Later closes privately placed debt issue
AIIM doubles equity commitment to renewable energy platform NOA
Senegal: Emerging Africa Infrastructure Fund backs road project
IFC proposes investment in AIIM fund
P1 Ventures announces first close of its second pan-African fund
SA SME Fund, RMB Ventures, others back Secha Capital's second fund
South Africa: Red Rocket raises fresh investment from Inspired Evolution, STOA and FMO
AgDevCo invests in East African flower producer
Mediterrania receives €20m commitment from Italian LP
South Africa: Salt Capital backs Response24
Zambia: Alitheia IDF leads $8.25m investment in Lupiya
The 5 most popular stories on Africa Private Equity News this week
European LP commits €30m to Mediterrania fund
Metier announces first close of mid-market equity fund
South Africa: Completion of Carlyle exit
Forex shortage caused by economic constraints is challenging intra-Africa trade
Acumen, Alitheia, Sahel Capital, others in $10.4m agtech round
IFC invests in e-commerce platform ANKA
Sustainable Energy Fund for Africa commits $10m to CrossBoundary Access
AVCA convenes global leaders in London to discuss sustainable investing strategies in Africa
African Infrastructure Investment Managers acquires Sequence Logistics as a logical next step
Rwanda: Incofin exits investment
East Africa: Agricultural finance company raises $2.4m seed funding
European DFI announces new CEO
Ghana: Savannah Impact Advisory to manage fund of funds
The 5 most popular stories on Africa Private Equity News this week
Egypt: Beltone Venture Capital backs home décor brand
New CEO for Helios-backed data centre business
Sustainable Energy Fund for Africa raises $50m in new commitments
Partners seek to mobilise $100m for investment in clean cooking in Africa
Joliba Capital reaches first close for West and Central Africa fund
SAVCA launches the 2023 PE industry survey
Norfund announces new head for Climate Investment Fund
Adiwale Fund I backs Senegalese consumer goods distributor
ITL: Advancing on our digital transformation journey
FMO Investment Management appoints new MD
Southbridge Investments in JV for new $100m Africa fund
Okra Solar raises $12m led by At One Ventures
Southbridge Investments in JV for new $100m Africa fund
Okra Solar raises $12m led by At One Ventures
The 5 most popular stories on Africa Private Equity News this week
Camco nears financial close for Spark Energy Services
South Africa: Ascension Private Equity Fund I in food deal
Stanbic Bank Kenya partners with Mota-Engil Africa to improve Kenya’s national road network
Nigeria: Goat Capital leads Anchor's $2.4m seed round
EIB proposes investment in African PE fund
Nigeria: Goat Capital leads Anchor's $2.4m seed round
Tana Africa Capital exits education group
LP commits to first-time African fund manager
Adenia appoints IR head as fifth fund is set to exceed $400m target
IFC proposes investment in A.P. Moller Capital fund
AfricInvest backs The British University in Egypt
Kasada acquires Cape Town hotel; to rebrand as Pullman
Kenya: Renew Capital in ’save now, buy later’ deal
Burkina Faso: BIO and EDFI AgriFI back agribusiness venture
Dealmaker's Log: African PE and VC deals in August 2023
ITL: Introducing you to our corporate finance partner – Perigeum Capital
South Africa: Fedgroup Private Capital invests in insurtech platform
Carlyle-backed Assala Energy reports oil production steady despite Gabon coup
Gaia lists specialist REIT investing in renewable energy
Triple Jump secures AfDB backing for Energy Entrepreneurs Growth Fund
South Africa: Rentoza secures $6m in funding from Alitheia IDF and Vumela
South Africa: RH Managers on fundraising drive
Egypt: Gulf Capital to explore exit from glass manufacturer
South Africa: A.P. Moller Capital completes acquisition of Vector Logistics
Ethiopia: BII and FMO unveil $40m commitment to boost farming exports
IFC invests record $11.5bn in Africa
Sahel Capital backs hibiscus exporter
Ghana: Hivos-Triodos Fund in agtech deal
Ascent Capital exits Uganda's Guardian Health
The 5 most popular stories on Africa Private Equity News this week
PwC: Family Business Survey 2023 East Africa Snapshot
Left Lane Capital leads LemFi's $33m Series A round
Helios-backed Africa Specialty Risks launches new captive solutions offering
Investor bullish on soya in Zambia and meat production in Botswana
Beyond Capital Ventures and Variant invest in Kenyan inventory financier
Kenya: DFC and Finnfund commit $15m to pyrethrum producer
RisCura-SAVCA South African Private Equity Performance Report now available
VC activity in Africa: 2023 H1 in review
South African VC completes second investment in public safety platform
IFC proposes investment in Nigerian cocoa processing company
AIIM invests $90m in new data centre joint venture
Money in trees? Investing in Africa’s forestry sector
The 5 most popular stories on Africa Private Equity News this week
Egyptian PE firm invests in pharma industry
Carlyle exits investment in Gabon
Register for this year's SAVCA VC Conference
ITL: Russia suspends double taxation treaties with unfriendly countries
South Africa: RMB Corvest in education deal
TLcom Capital fund signs new DFI LP
AFC backs petroleum transport on Lake Victoria
Founders Factory Africa secures additional $114m
d.light closes $30m in securitised finance to scale up business in Tanzania
Standard Bank provides funding support to South African asset manager
The 5 most popular stories on Africa Private Equity News this week
South Africa: Capitalworks announces new exit
Egypt: AI recruitment platform raises pre-seed funding
ITL newsletter - latest updates from Mauritius
Electric motorbike company Spiro receives $63m in financing
Prosper Africa backs African fund managers
Vista to acquire Orabank from Emerging Capital Partners, others
BlackRock backs Uber vehicle financier Moove
Final close for Knife Capital's $50m African Series B expansion fund
Nigeria: Multiply Partners and Ventures Platform lead Traction's $6m seed round
Is it time for African private equity to take a bold evolutionary step forward?
Egypt: Cyber security business receives investment from A15
South Africa: Triodos backs minibus taxi financier
STANLIB acquires majority interest in Solareff and its subsidiary GridCars
VestedWord, LoftyInc, others back Emtech
The 5 most popular stories on Africa Private Equity News this week
SAVCA: Secure your ticket to the VC Conference of the year!
New South African proptech fund backed by Investec, Growthpoint and RMB
South Africa: Verdant raises €10m funding for Bridge Taxi Finance
Rwanda: Goodwell invests in SOUK Farms
Dealmaker's Log: African PE and VC deals in July 2023
AIIM expands logistics platform with new acquisition
South Africa: Ditiro Capital reaches first close
Completion of Helios and AIIM backed renewable energy merger
Nigeria: QED Investors and Ventures Platform lead $12m healthtech funding round
BII launches Ghana SME funding vehicle
Meridiam finalises acquisition of Tanzanian renewable energy company
South Africa: Sanlam Private Equity invests in Danny’s Auto
The 5 most popular stories on Africa Private Equity News this week
Standard Bank provides African Pioneer Group with structured funding solution
Nigerian health platform raises pre-seed funding
RMB Corvest backs South African manufacturing business
Helios-backed Thunes raises additional funding
Lilium Capital buys stake in Burkina Faso mines
Côte d’Ivoire: Emerging Africa Infrastructure Fund breaks ground on biomass power station
Vantage Capital invests €30m in Promamec
Swedfund backs Amethis Fund III
Five35 Ventures backs Kenya's Zuri Health
AfricInvest exits to Vantage Capital
Kenya: Alta Semper invests $20m in healthcare platform
Knife Capital leads investment in digital health platform Kasha
Standard Bank provides Letsema Holdings with a holistic funding solution
The 5 most popular stories on Africa Private Equity News this week
South Africa: Carlyle exits Tessara to AgroFresh
Kasada Hospitality Fund secures investment for Nairobi hotel
Norwegian solutions for Africa: Climate Fund Managers backs clean energy company Release
BII makes first investment in development impact bonds
Vantage Capital invests $25m in water tank manufacturer
South Africa: Edge Growth Ventures announces new CEO
Nigeria: Ventures Platform leads funding for insurtech company
SAVCA GIBS Foundation Programme kicks off on 25 July!
Pembani Remgro Infrastructure Fund II lands new LP
Egypt: Flash lands $6m in seed funding
ITL appoints Vimi Sookun as General Manager
Sahel Capital backs Tanzanian dairy company
East Africa: Starsight receives backing from Global Climate Partnership Fund
One day until AVCA Summit London: Last chance to book your place!
Kenya: IFC proposes investment in housing fund
EIB invests $40m in Acre Impact Capital’s private debt fund
The 5 most popular stories on Africa Private Equity News this week
Norfund invests in two West African recycling companies
EIB proposes investment in TLcom Capital VC fund
IFC invests €40m in Amethis fund
Standard Bank and Thinkroom launch enterprise development programme
Printing houses in Africa: BII-backed 14Trees launches 3D printer for construction
DRC: Renewable energy company Nuru raises $40m Series B funding
Tanzania: Gemcorp Capital provides funding to mining company
LeapFrog to commit over $500m to climate investments
Kenyan electronic spare parts platform raises pre-seed funding
South Africa: FMO signs investment in AIIM-backed cold chain logistics company
SoftBank backs African renewable energy developer
Verdant Capital funds Ugandan fintech company
Amethis announces first close of third pan-African fund
Moove closes $8m financing from Absa
Institutional investors sign on to new $500m infrastructure fund
PwC Global Mergers and Acquisitions Industry Trends: 2023 Mid-Year Update
TLG Capital backs Nigeria's Zuvy
The 5 most popular stories on Africa Private Equity News this week
BlueOrchard announces second close of climate fund
Dealmaker's Log: African PE and VC deals in June 2023
SAVCA GIBS Foundation Programme 2023
Invest International commits €10m to new Goodwell fund
Lightspeed Venture Partners and General Catalyst back Berry Health
Verod-Kepple Africa Ventures backs Moroccan B2B e-commerce company
AfDB commits to BluePeak Private Capital Fund
Newtown Partners announces partnership with DP World
AFIG Funds invests in West African packaging company
PwC: South Africa Economic Outlook - June 2023
Nigerian snack food company lands investment
Cameroon: Cocoa-focused agtech startup raises seed funding
AfDB's Urban and Municipal Development Fund to partner with Spanish private sector
Egypt: Islamic fintech startup backed by Plus Venture Capital, Flat6labs, others
Verdant Capital Hybrid Fund backs Mogo Kenya
Kenyan fashion retail platform raises funding
EIB proposes investment in Mirova fund
Registration for the SAVCA VC Conference 2023 now open!
Verdant Capital completes $9m investment in LOLC Africa
Emerging Africa Infrastructure Fund commits $30m to telecom tower company
Proparco particilates in energy fund's first close
Beauty platform Zuri raises $1.25m
The 5 most popular stories on Africa Private Equity News this week
Norfund in Nigerian cocoa processing deal
Standard Bank partners with South Africa's GoSolr
Ethiopian building materials venture secures seed funding
Africa REN secures financing for Walo Storage project in West Africa
SAVCA VC Conference 2023: Sponsorship packages now available!
AfricaGoGreen Fund reveals M-KOPA investment
South Africa's dedicated green hydrogen fund
CrossBoundary Energy raises $50m from FEI
Actis exits South African and Kenyan energy assets
Nigeria: Last-mile logistics platform secures pre-seed investment
South Africa: E Squared and 4DX in healthtech deal
PwC: South African Retail Sentiment Index 2023
Convergence Partners backs Yellow’s latest Series B funding round
Lion’s Head Group changes name
Japanese investors back Kenyan automotive startup
Proparco backs Senegalese retail platform Maad
South Africa: Sand River Venture Capital backs insect-based animal feed company
The 5 most popular stories on Africa Private Equity News this week
Standard Bank partners with MultiChoice to provide funding for its growth strategy
Zambia's Monter Capital announces first close of fund
Wholesale electronics marketplace Eze secures seed funding
European LP approves investment in E3 Low Carbon Economy Fund I
Acasia Ventures establishes Lagos office
Aruwa Capital invests in Nigerian B2B e-commerce platform
How Mauritius is poised to become the fintech hub for Africa
South Africa: Capitalworks exits boat maker
African private equity and venture capital deals in May 2023
FMO signs investment in Egyptian retail chain
Spark+ Africa Fund in carbon finance deal
SAVCA: Regulation 28 amendments and its potential impact on PE industry
Convergence Partners Investments rebrands to Solcon Capital
Triple Jump provides mezzanine funding to Ecoligo
Ugandan fintech company raises $1m pre-seed funding
Conclusion of RMB Ventures' deal with Aurex
Africa’s Airbnb for trucks and warehouses raises seed funding
The 5 most popular stories on Africa Private Equity News this week
PwC Africa Business Agenda: Business Operating Environment Perspective 2023
FMO approves Sun King investment
IFC and MIGA back Safaricom Ethiopia
Swedfund commits $5m to healthcare vehicle
Standard Bank’s role in landmark Mediclinic deal is just what the doctor ordered
Morocco: Plug and Play increases investment in B2B e-commerce platform
Beyond the Grid Fund for Africa boosts its portfolio
First close for AfricInvest-managed health fund
Mauritius National Budget 2023-24: Wiring sustainable progress
IFC proposes West African pharma investment
Unpacking South African private equity exit trends
New investment in South Sudan hotel
Nigeria: IFC provides funding to BUA Cement
Amethis announces new appointment
Palladium and Bamboo deepen relationship to bolster fundraising capabilities
Nigeria: Helium Health secures $30m funding
New Irish-backed carbon investment fund for Africa
The ITL team is heading to the Africa CEO Forum 2023
Actis to close Cape Town and Nairobi offices – report
AfDB approves investment in PE fund
Amini raises pre-seed funding from European climate tech fund
IFC invests in African tourism fund
BII and Stanbic in double commitment to off-grid solar energy company
South Africa: ‘Load shedding is an opportunity’ for private equity
Goodwell announces €57m first close
From investment to IPO: Backing an Egyptian consumer healthcare company
West Africa: European DFIs back recycling company
AIIM consortium achieves financial close on 89MW Castle Wind Farm for Sibanye-Stillwater
DP World and Standard Bank partner to expand trade finance in Africa
EIB proposes investment in Mirova fund
IFC considering investment in Metier fund
South Africa: Intaba Capital invests in student accommodation platform
The 5 most popular stories on Africa Private Equity News this week
Swedfund invests $10m in Africa-focused fund
FSD Africa Investments backs Africa Climate Ventures
Amethis backs Spanish company to expand to Africa and beyond
Dawi Clinics raises funding for expansion in Egypt
PwC Africa VAT and indirect taxes in Africa Guide 2023
Senegal: Abler Nordic exits microfinance institution
PE fund acquires stake in Kenyan bank
South Africa: Tyme raises $77.8m
Ghana: Battery company lands investment from Wangara, Mercy Corps, others
SAVCA Private Equity Conference 2023: Day two report-back
South Africa: Grindstone Ventures in education deal
First close for E3 Low Carbon Economy Fund for Africa
IFC discloses proposed investment in Norrsken22 fund
Swedfund appoints new investment head
South Africa: RMB Ventures-backed Iziko2.0 invests in cybersecurity startup
Kenya: Standard Chartered's venture arm launches B2B agritech marketplace
Kenya: DOB Equity invests in digital training platform
The 5 most popular stories on Africa Private Equity News this week
South Africa: RMB Ventures backs Mafika Engineering
SAVCA Private Equity Conference 2023: Day one report back
The Variable Capital Company: Reinforcing Mauritius' position as a financial centre of choice
Fintech specialist e4 acquired by consortium led by Infinite Partners
Southern Africa: EDP and Persistent in recapitalisation of solar business
South Africa: Vuna Partners acquires majority stake in The Bed Shop
M-KOPA raises $250m in equity and debt funding
Atlantica Ventures backs Nigerian logistics platform
Establishment of a UK-Mauritius Strategic Trade Partnership
Egypt: PE firm backs new pharma venture
SA SME Fund announces first close for its Venture Capital Fund of Funds
Acumen invests in Nigeria's CropSafe
The 5 most popular stories on Africa Private Equity News this week
Mediterrania, DEG, Proparco and FMO invest €75m in pharma company
ALCB Fund reinvests an in Bayport Mozambique
European LP considering investment in North Africa fund
Standard Bank supports Chemfin’s acquisition of three companies
Egypt: Acasia Ventures backs remittance platform
Climate Fund Managers launch new private credit vehicle
Does African PE need to more fully embrace debt financing?
Vantage Capital exits Cap Tamarin
Mineworkers Investment Company backs Quro Medical
IFC proposes investment in steel company
Metier-backed Africa REN restructures solar plant ownership
Nigeria: Automotive aftersales platform receives VC funding
The 5 most popular stories on Africa Private Equity News this week
Lesotho: Medical-grade cannabis producer raises $18m
Egypt: Proparco invests in VC fund
Meet the ITL team at the EDB roadshow in South Africa
South African construction company receives funding from Edge Growth fund
LeapFrog-backed Sun King acquires PayGo Energy
Rafiq Suleman joins Verdant Capital as vice president
AfricInvest exits Promamec to Vantage Capital
FMO approves investment in agribusiness fund
AVCA Annual Conference: Day one recap
Injaro Ghana Venture Capital Fund lands new investor
XRP Healthcare Africa partners with The Burnratty Investment Group
AVCA releases 2022 African Private Capital Activity Report
San Francisco-based VC backs African payments business
AVCA’s Annual Conference kicks off in Cairo
The 5 most popular stories on Africa Private Equity News this week
South Africa: Consumer rewards app raises seed funding
Standard Bank supports Westfalia Fruit’s expansion plans with dual-currency funding
Kenya: IFC invests in TPG-backed healthcare group
Appointment of new Director at ITL
The Rohatyn Group backs East African paper merchandiser
PwC Africa Business Agenda: Technology Perspective 2023
New Forests bolsters Africa team with five appointments
DPI in $165m African retail deal
Blue Orchard launches the Green Earth Impact Fund
South Africa: Gaia launches specialist REIT investing in solar solutions
AVCA launches new brand refresh
InfraCo Africa backs ‘energy-as-a-service’ provider
Capria announces first close of its $100m Global South Fund II
EIB proposes investment in Helios fund
Convergence Partners closes $10m investment in 42Markets Group
IFC proposes co-investment in telecom industry service provider
FMO approves investment in Mediterrania fund
Amethis Europe Expansion fund reaches first close
South Africa: Vantage Capital exits Dynamic Bedding
The 5 most popular stories on Africa Private Equity News this week
Criterion Africa Partners completes investment in Merensky Timber
SAVCA Private Equity Conference 2023 - Only 30 tickets remaining - register today!
SIFEM formalises its climate investment approach
Castel Group sells Ivorian water bottling business
AVCA: Investor confidence in VC in Africa stays strong at a time of global uncertainty
Kenya: AgDevCo backs avocado project
FMO approves financing for Metier-backed energy services company
Helios exits chemicals distributor to DPI-led consortium
Launch of Bamboo-managed fund in Burundi
Swedfund makes follow-on investment in solar company
Standard Bank gets behind AfCFTA to drive cross-border growth in Africa
LP considers $60m investment in Apis fund
Ghana: Africa Finance Corporation acquires energy company
Agritech fund receives new investment
Emerging Africa Infrastructure Fund backs data centre company
The 5 most popular stories on Africa Private Equity News this week
IFC considers investment in pan-African fund
Kenya: AgDevCo backs avocado project
Edge Growth makes new appointment
MITCO: Mauritius gains 11 places in Global Financial Centre Index
SAVCA Private Equity Conference 2023 – only 80 tickets remaining – register today!
Uganda: TPG-backed dairy processor in line for IFC financing
The Global Environment Facility invests $13.5m in AGRI3 Fund
Kleoss exits South Africa's Real Foods
Apis fund in line for IFC investment
EBRD discloses potential investment in Egyptian fund
South Africa: Secha Capital in agritech deal
Standard Bank facilitates landmark deal in the consumer packaged goods sector
Amethis backs insurance company
Nigeria Sovereign Investment Authority and Vitol launch JV
New VC firm Equator announces first close of maiden fund
Finnfund invests in clean energy PE vehicle
Leadership change at African healthcare fund
The 5 most popular stories on Africa Private Equity News this week
Nigeria: Transportation company raises a further $4m
Five notable African private equity and venture capital deals in March
SAVCA PE Conference keynote speaker announcement
IFC, Partech Africa, others back TerraPay with over $100m
Less than 1 week until #AVCA2023
New €20m East African SME fund to be managed by Goodwell Investments
Kenya: Victory Farms raises $35m
Final close for AfricInvest's French African Fund II
Old Mutual Alternative Investments unit in fibre financing deal
Lions Head mobilises $12.1m for clean energy in South Africa
Apis Partners reveals $31m South African fintech investment
DPI and Amethis in pharma deal
Infrastructure Climate Resilient Fund lands $253m commitment
FinDev Canada proposes investment in infrastructure fund
DFC approves new investments in Africa
The Rohatyn Group completes acquisition of Ethos Private Equity
The 5 most popular stories on Africa Private Equity News this week
Gemcorp Capital seeds $150m Milele Energy transition platform
Launch of DFS Lab Stellar Africa Fund I
SAVCA Private Equity Conference - Last day to register for the early bird rate
Actis appoints new capital raising head
The Agri-Business Capital Fund's recent investments in Benin, Mali, Uganda and Nigeria
A.P. Moller Capital to acquire South African logistics business
Standard Bank CIB received top honours at the Ansarada DealMakers Awards
Renew Capital Angels backs Ugandan digital payment platform
Payday secures $3m seed funding
Rural telecoms tower company reaches financial close on $20m loan facility
CFAO VC arm in Kenyan healthcare deal
Energy Entrepreneurs Growth Fund invests in Yellow's Series B round
Ventures Platform, Voltron Capital, others back Nigerian logistics platform
Acasia and Ventures Platform in fintech deal
Dabney Tonelli joins Apis Partners from Helios
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DEG co-finances supply of drinking water for hospitals in East Africa
Swedfund invests in solar energy debt vehicle
South Africa: Maia Capital in financial industry deal
Standard Bank supports Premier Group’s listing on the JSE
Verod-Kepple Africa Ventures raises $43m
Mediterrania Capital Partners signs LP for fourth fund
ALCB Fund signs first agriculture investment
Launch of Gaia Energy Impact Fund II
MITCO: What to know about transfer pricing in Mauritius
DRC: Investors back solar company
Renew Capital backs Ugandan eyewear company
BII commits €20m to Meridiam fund
MENA learning platform raises $10m
Swedfund invests $5m in Somali fund
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LeapFrog appoints Rob Learly as senior advisor
Apis announces Efficient Group exit
Finnfund sells shares in Kenyan wind farm to BlackRock fund
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TLG Capital launches credit facility for Nigeria's OnePipe
Endeavor South Africa announces launch of Harvest Fund III
South Africa: Red Rocket closes on onshore wind projects
$171m first close for Mirova Gigaton Fund
Flat6Labs launches $95m VC fund
Bamboo Capital Partners fund receives Swiss backing
South African telecoms tower company raises funding
ITL: Mauritius maintains first spot in Ibrahim Index
BII to back water projects in Africa
Emurgo Africa and Kepple Africa Ventures establish JV
Copenhagen Infrastructure Partners in South African deal
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West Africa: Prosper Africa and partners in $274m affordable housing deal
Ethiopia: Zoscales to make follow-on investment in diagnostic centre
PE firm raises nearly $200m for clean energy investments in Africa
African Infrastructure Investment Managers wind farm reaches financial close
Uganda: Inua Capital closes SME fund
Michael Jordaan-backed AI Capital launches flagship fund
LeapFrog grows climate investment strategy team
Africa-focused law firm strengthens London office with key hire
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FMO co-invests in Moroccan pharma company
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Côte d’Ivoire: SME bank receives funding from Oikocredit and Triodos
Kenyan construction materials platform raises $4.5m seed funding
DRC: Solar company raises financing from Camco, E3 Capital and Proparco
Côte d'Ivoire: Comoé Capital signs new investor
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Tamela Capital Partners in South African pharma deal
Graduation of the first SAVCA Venture Capital Fund Manager Programme Cohort
EIB considers investment in startup fund
DWM Displaced Communities Fund in line for EIB investment
€242m financing package for Senegalese cement maker
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Candi Solar receives $14m multi-currency loan
Morocco: Azur Innovation Fund in edtech deal
Mediterrania leads investment in Moroccan pharmaceutical company
PwC: South African companies need to take action after FATF greylisting
West Africa: Adiwale Fund I backs vehicle leasing company
First close for Afrigreen Debt Impact Fund
Microtraction leads investment in Nigerian digital health platform
Triple Jump launches EM-focused Financial Inclusion Resilience Fund
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Norfund and Ethos back Kenyan textile manufacturer
Standard Bank advises Vivo Energy on the creation of a pan-African energy champion
Sasol launches venture capital fund
South African car subscription business raises $100m
Spear Capital in Zimbabwe deal
Sudan: BII invests in food business
South Africa: Third Way, Mahlako and Mergence in solar energy deal
Registration for the SAVCA PE Conference 2023 is now open!
Kholo Capital Mezzanine Debt Fund I achieves first close
Egyptian marketplace for used mobile devices raises funding
Cross Switch acquires 50% stake in Morocco's Vantage Payment Systems
Arise IIP partners with Bpifrance to develop industrialisation projects in Africa
DEG commits €15m to African tech fund
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AfricaGoGreen Fund closes $47m in new equity investments
Costanoa and Norrsken22 back identity verification platform
Mauritius: Core Income Generating Activities requirements for Global Business Companies
SIFEM announces new portfolio manager
Standard Bank supports Sanlam Private Equity in acquiring SkipWaste
DOB Equity leads investment in Power Financial Wellness
PressOne Africa closes $600,000 pre-seed round
HAVAÍC invests in South African on-demand truck repair platform
Renew Capital backs Kenya-based transport platform
Acumen invests in cold chain company SokoFresh
South Africa: Naked raises $17m from IFC, others
SC Ventures partners with Yabx to expand access to financial services in Africa
African insurtech Curacel raises $3m in seed funding
Axian launches new PE and VC investment unit
Phatisa raises technical assistance funding
South Africa: Sendmarc raises $7m
EIB proposes investment in water fund
Criterion partially exits South African avocado producer
Egypt: Delivery Hero Ventures and Global Ventures back healthcare startup
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PwC's post-National Budget Panel Discussion 2023 virtual event
Egypt: Gameball raises $3.5m from P1 Ventures, Launch Africa, others
AFC to boost commercial scale mining projects in Nigeria
Egypt: BPE Partners finalises TotalEnergies exit
€245m first close for Partech Africa II fund
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FinDev Canada commits $30m to Adenia's fifth fund
South Africa: STANLIB fund acquires Scatec and Norfund stakes in Upington solar plant
South African township e-commerce platform raises funding
Chimera Abu Dhabi backs Egyptian fintech business
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Swedfund invests $26m in African infrastructure fund
Vantage Capital announces final close of its fourth mezzanine fund
African e-logistics platform raises $13m
Norfund invests in South African food ingredient producer
InfraCo Africa invests in Kenyan rural internet provider
Lightrock, IFC, others back South African SME lender
Renew Capital invests in Ethiopian audiobook and podcast company
Rwanda: AlphaMundi invests in electric motorcycle company
South Africa: E Squared backs insect protein company
Adenia Partners announces $300m first close for its fifth fund
Phatisa invests in packaging company
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Convergence Partners raises $296m fund
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UM6P Ventures backs Kenyan telemedicine startup
IFC proposes debt facility for telecoms tower company
The Sovereign Fund of Egypt and B Investments to co-invest in healthcare sector
Apis Growth Fund II in micro-lending deal
South Africa: Climate Fund Managers to acquire biogas project
Kasada to invest in new Abidjan hotel
AfricInvest backs Nigerian retailer
$21m investment in Ethiopian FMCG platform
Affirma and StonePine in Egypt deal
PwC advises on DPI’s investment in Ukheshe International
Earlybird extension for #AVCA2023 ends TODAY! BOOK NOW
African tech ecosystem raises $6.5bn in 2022
Africa50 and partners reach financial close on Senegalese power plant
Ghana: Criterion Africa Partners in forestry deal
Helios announces new financial services and fintech hire
IFC proposes $14m investment in tourism fund
Amethis exits computer distributor
Bamboo Capital Partners backs Rwandan coffee company
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South Africa: Proparco partners with Investec to scale up climate investments
AFC closes €150m syndicated loan with DEG and Proparco
Futuregrowth leads investment in South African proptech company
Côte d'Ivoire: New hospitality investment fund launched
Mediterrania lands European LP
ITSL is now licensed as Seychelles Foundation Services Provider
Africa50 invests in Scanning Systems to develop one-stop joint border posts
Carry1st raises $27m from Bitkraft, Andreessen Horowitz, others
Sanlam Private Equity in waste management deal
Kenya: Fintech company Kwara raises additional seed funding
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€19m investment to power villages in Madagascar
Salt Capital reaches first close of new Africa fund with strong commercial investor support
Côte d’Ivoire: Vantage exits petroleum distributor
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Norfund and Swedfund invest in South Sudan's SME sector
Ethiopian tech talent marketplace lands investment from Japanese VC
SALIC completes acquisition of stake in Olam Agri Holdings
Proposed Rockwood paint deal gets green light
FMO approves investment in Partech fund
AfricInvest exits Tunisian AI company InstaDeep
Côte d'Ivoire: EAIF announces funding for hydro power company
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Catalyst Fund announces $2m investment into 10 startups
Lion's Head invests $7.5m in SolarX's West Africa expansion
Nigeria: Follow on investment in hibiscus exporter AgroEknor
ITL: Mauritius to sign DTAA with Republic of Angola
Egypt: OneOrder closes $3m seed round, led by Nclude
Nigeria: Releaf raises $3.3m to boost profitability for consumer goods makers
Apis Growth Fund I fully exits position in Sun King
Tofino Capital invests in Egyptian healthtech company
Standard Bank: $80m of financing will supply healthcare equipment across Africa
FMO provides funding for motorcycle financing in Kenya and Uganda
Anchorage Capital to acquire David Jones from Woolworths
BlueOrchard appoints head of private equity
BPE Partners sells stake in TotalEnergies Marketing Egypt
SPE Capital acquires stake in nutritional supplements company
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South Africa: Revio raises $1.1m to reduce payment failures in emerging markets
IFU exits South African blueberry producer
Amethis sells stake in financial group
Partial exit for Inside Capital
Finnfund supports Kenyan geothermal project
FEI helps AktivCo bring clean energy to telecoms with €28.3m debt package
EIB commits €300m to EM fund-of-funds
Oikocredit, Lion's Head funds back Solarise Africa
South Africa: Futuregrowth property fund acquires another shopping centre