Sitemap - 2024 - Africa Private Equity News

Côte d’Ivoire: EAAIF invests €28m in solar plant

PwC’s South Africa Manufacturing Analysis 2024

Five noteworthy African private equity exits in 2024

PwC guides Renaissance in landmark Nigeria energy deal

Five noteworthy African private capital fundraising closes in 2024

Zambia's Copperbelt Energy raises $90bn with Standard Bank’s backing

Mozambique: Renew Capital invests in online shipping marketplace

FMO backs Camco renewable energy fund

Climate Fund Managers completes acquisition of stake in Hyphen Hydrogen Energy

Finnfund in South Sudan deal

Give the perfect holiday gift: GVCA Annual Conference 2025 tickets

Pembani Remgro Infrastructure Fund II attracts North American LP

Sponsorship opportunities for SAVCA PE Conference 2025

The 5 most popular stories on Africa Private Equity News the past week

Five noteworthy African private equity transactions in 2024

New investment seeks to expand electric forklifts in Nigeria and beyond

Kenya: Renew Capital invests in supply chain platform

Ghana: Venture Capital Trust Fund makes commitment to Zinari Capital fund

Zambia: Microfinance outfit secures $6.3m equity investment

African Development Bank invests $10m into Persistent's climate fund

Five notable East African private capital deals

Proparco backs Equator Africa Fund

DPI portfolio company lists on Casablanca Stock Exchange

Tyme Group announces capital raise and unicorn status

AfDB commits $10m to infrastructure fund

Private equity in Africa – positive signs for the future

ITL: Mauritius recognised as Africa’s only ‘Established Domicile’

South Africa: Futuregrowth invests in SME funding fintech

Ninety One-managed fund backs Uganda solar plant

Africa50 Infrastructure Acceleration Fund secures new commitments

The 5 most popular stories on Africa Private Equity News the past week

Powering the digital age: The rise of the African data centre industry

Africa50 in $15m data centre deal

Sanari 3S Growth Fund announces final close

European LP commits $20m to Apis Growth Markets Fund III

IFC proposes commitment to Inspired Evolution fund

Renew Capital invests in mobility startup Enakl

Incofin signs two new African agribusiness investments

Five African private equity moves in November 2024

South Africa: Ascension Capital increases stake in CPB

PwC Deals team: Highlights from a year of successful transactions

BII-backed Growth Investment Partners Ghana in medical oxygen deal

Green Earth Impact Fund commits $5m to AIIM vehicle

Seedstars Africa Ventures I announces first close

First close for Camco renewable energy fund with commitments of $185m

The 5 most popular stories on Africa Private Equity News the past week

EIB backs Pembani Remgro and Seedstars Africa funds

Five notable food sector private equity deals

Convergence Partners backs Ctrack's global expansion

PwC's Africa Annual Review 2024

Morocco: Catalyst Fund leads investment in mobility company

Perigeum Capital spearheading SEMX's first listings

Acumen invests in d.light’s multi-country receivables facility

Incofin appoints new member to management board

Mozambique: FMO backs forestry company

Salt Capital invests in Namibian private hospital

Renew Capital announces first investment in Tunisia

Dealmaker's Log: African private equity and VC deals in November 2024

Salt Capital acquires stake in Pirtek Africa

TLcom Capital makes first investment in Francophone Africa

LP commits up to $80m to RMBV North Africa Fund III

Enko Capital announces new partner

CrossBoundary Energy secures $140m senior debt from Standard Bank

Rwanda: Acumen invests in clean cooking company

Breega leads investment in Senegalese HR platform

RSVP: Round table discussion on African fund domiciliation

European DFI commits $15m to Ninety One’s Africa Credit Opportunities Fund 3

Stanbic Bank Botswana supports Norsad Capital with sustainability-linked financing

The 5 most popular stories on Africa Private Equity News the past week

Canadian DFI proposes €20m commitment to Africa-focused PE fund

Kenya: Renew Capital invests in EV battery management platform

Standard Bank pioneers real-time payment requests for businesses

Five notable South African private equity deals

Triple Jump fund receives $4m commitment

PwC South Africa Economic Outlook | November 2024

BluePeak Private Capital invests in African hygiene products maker

FMO, BII, Proparco and ILX team up to back Robust International

Old Mutual Private Equity exits Holdsport to UK-based retail giant

SPE Capital confirms its investment in Dislog Group

Cygnum Capital, others invest $15m in Kenyan ISP Mawingu's expansion

SAVCA PE Conference 2025 – Early Bird Registration is now open

LeapFrog announces fundraising close for fourth fund

First close for Ninety One's Africa Credit Opportunities Fund 3

Ghana: Sahel Capital provides loan to Oyster Agribusiness

Standard Bank signs agreement with IFC to expand local currency lending in Africa

Proparco and Admaius Capital Partners back medical school in Senegal

PwC Deals team advises Solevo in acquiring Rolfes Group

Five notable African healthcare deals

South Africa: Harith, Mergence and Zungu acquire infrastructure assets

Acumen invests in Kenya's Keep IT Cool

Tana Africa Capital exits Ethiopian school group

$10m committed for off-grid energy companies in Nigeria

New investment vehicle targets SMEs in Cameroon

Norsad Capital exits Protea Hotels Zambia

Proparco, IFU and Si in Morocco tea deal

Rwanda: Rum producer secures pre-seed funding

IFC backs Acumen clean energy vehicle

Standard Bank flexes its global outlook muscle through the Africa-Asia trade corridor

South Africa: MIC Khulisani Ventures seeking new investments

Africa fund receives $16m commitment from BII

Carlyle exits Tunisia-focused energy company

PwC: Impact of the Ethiopian birr devaluation

Incofin invests in East African water filter company

Mergence acquires remaining PE stake in Lesotho trout farm

WaterEquity raises $100m fund; Kenya, South Africa among target countries

Ninety One-managed infrastructure fund and DFIs back solar project

Five African private equity moves in October 2024

South African PE firm Sanari Capital announces new investment

Businessman Ashish Thakkar plans $250m Africa fund – Bloomberg

European LP proposes €15m commitment to African impact fund

Kenya: Kua Ventures in education deal

Partech Africa Fund II leads investment in Beacon Power Services

The 5 most popular stories on Africa Private Equity News the past week

Kenya's Agventure raises $9.5m from AgDevCo

PwC Africa Energy Review 2024: Driving energy access through collaboration

Kenya: FMO backs run-of-river hydro developer

Uganda: Sahel Capital provides funding of $1m to Sukuma Commodities

Namibia Hydrogen Fund Managers backs 'green' iron project

South Africa needs significantly more energy supply to support future growth ambitions

A.P. Moller Capital announces new partner

Gaia Fund Managers acquires AIIM's stake in South African toll road operator

Tunisia: Wattnow raises investment from Lateral Frontiers, E3 Capital, others

Kenya: Proposed Amethis exit receives green light

Dealmaker's Log: African private equity and VC deals in October 2024

Old Mutual Private Equity to acquire stake in South Africa's Much Asphalt

SAVCA appoints three new board members at AGM

Copenhagen IP and A.P. Møller Capital back Morocco green hydrogen project

The 5 most popular stories on Africa Private Equity News the past week

Five notable African private capital fundraising closes

EAAIF anchors Africell’s debut issuance of $300m

BII's Growth Investment Partners backs Ghanaian agribusiness company

Angola sovereign wealth fund invests in Sierra Leone gold project

AG Rhino Advisors invests in Nigeria's FastClaim

Phatisa and partners sell 100% interest in Rolfes

Janngo Capital fund reaches final close at $78m

AAIC Investment backs health tech platform BIMA

Intercontinental Trust Ltd opens new Dubai office

AgDevCo invests in Ghanaian fish producer

DPI leads $110m investment in Moniepoint

Sahel Capital in Kenyan livestock genetics deal

500 Global promotes Mareme Dieng to partner

Standard Bank advises on the sale of Chill Beverages and Inhle Beverages

Ghana's Oyster Agribusiness raises $2m

PwC South Africa Economic Outlook | October 2024

Silverbacks Holdings invests in Nigerian traditional boxing business

Helios in $40m food deal

Proparco provides guarantee to South African fund

The 5 most popular stories on Africa Private Equity News the past week

Five notable African private equity and venture capital exits

Salt Capital announces further close for its Salt Equity I fund

IFC invests in Moroccan logistics company

Verdant Orchards secures major investment for agricultural expansion

South Africa: Kalon Venture Partners invests in VisionAI

Electric bus company secures $42m in funding from Africa50, BII, others

Successful exits on the horizon for Africa’s VC sector

Vantage Capital fully exits PickAlbatros Hotels

Scatec reaches financial close for battery energy storage project in South Africa

Norsad Capital announces new CEO

54 Collective leads AI startup's seed round

Rwanda Green Fund awards grant to electric bus company

Amethis backs North African logistics deal

Emerging Africa Infrastructure Fund expands mandate to Asia

Silverbacks adds advisory board members and director of communication

Old Mutual Alternative Investments finalises Chill and Inhle Beverages exit

African real estate defies expectations with stability across subsectors

The 5 most popular stories on Africa Private Equity News the past week

Vantage Capital concludes a €66m deal with Camusat

Kenya: Lateral Frontiers VC and E4EAfrica back carbon capture company

Five notable West African private equity deals

DFC announces investment in Inspired Evolution fund

Yellow Card closes $33m Series C funding round

PwC: The current M&A landscape in the South African Insurance industry

AfricInvest and Proparco provide financing to African eyewear company

Acre Export Finance Fund I receives $25m LP commitment

PwC: South African agribusiness at a crossroads

Nedbank Private Equity in South African packaging deal

The EuroMena Funds announces two North African exits

Ghana Venture Capital Association partners with SuperReturn Africa and South African Airways

Standard Bank facilitates Tolaram’s acquisition of a controlling interest in Guinness Nigeria

Amethis Fund III lands new LP

SAVCA VC Conference 2024: What's in store?

AgDevCo secures DFC commitment

Scale secures $700,000 to simplify card issuing and payments in Africa

The 5 most popular stories on Africa Private Equity News the past week

American LP backs A.P. Moller Capital fund

XSML Capital fund secures DFC commitment

SuperReturn Africa: The best place to network with senior GPs and LPs

Sawari Ventures announces partnership with Bpifrance

Navigating a changing climate landscape to drive Africa's just energy transition

Renew Capital invests in Moroccan real estate platform

'Green' search engine invests in Africa forestry fund

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First close for Endeavor South Africa’s Harvest Fund III

Five notable North African private equity deals

FMO invests in SANAD Debt Sub-Fund for MSME

First close for TLG Capital-backed Nigeria debt fund

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British International Investment recruits South African CEO

Ethiopia: Renew Capital backs group buying e-commerce platform

Adenia Partners extends African footprint to Egypt

PE firm CDG Invest Growth backs Moroccan retailer

STANLIB Infrastructure Fund II backs 80 MW solar plant in South Africa

Metier Capital Growth Fund III invests in South African maize miller

The 5 most popular stories on Africa Private Equity News the past week

Equator Africa Fund I secures IFC investment

IFC proposes joining Accel, TCV, and Leapfrog in $267m remittance investment

Nigeria: Zrosk IM acquires stake in MeCure Industries

AfricInvest health fund surpasses $100m target

PwC: Navigating M&A in South Africa’s evolving regulatory landscape

SAVCA VC Conference panel discussion: A glimpse into the LP mindset

Fund for Export Development in Africa participates in ARISE IIP's $443m raise

East Africa: Norfund invests in new paper recycling facility

Dealmaker's Log: African private equity and VC deals in September 2024

General Atlantic completes Actis acquisition

Injaro Capital’s Cape Verde subsidiary invests in poultry business

E4EAfrica leads seed round for South Africa's TUNL

SA SME Fund, others back new Seed Fund of Funds

Sahel Capital backs Kenya's Apple Orchards

DPI announces close of KELIX bio exit

AfDB takes $10m equity stake in Kenya’s Dhamana

TLcom Capital makes first investment in South Africa

Three upcoming African PE and VC industry events

Standard Bank partners with Meridiam to power Africa's infrastructure

The 5 most popular stories on Africa Private Equity News the past week

BII seeks to unlock hundreds of millions of private investment into EM economies

East Africa: Untapped Global announces investment in 4G Capital

New fund to back African TV and film projects

SAVCA reveals MC for VC Conference 2024

Acumen invests in Malawi off-grid solar venture

BII's Growth Investment Partners announces new Ghana investment

PwC South Africa Economic Outlook | September 2024

Cygnum's Africa Go Green Fund invests in distribution of improved cookstoves

ITL e-News: The latest business news from Mauritius

African Infrastructure Investment Managers invests in cold storage facility

Social e-commerce company Chpter secures investment from Renew Capital

Nigeria: Standard Bank Group announces large-scale housing finance transaction

AXIAN Investment in West African insurance deal

Helios leads $100m fintech investment

Vantage Capital in Morocco agriculture deal

Five notable South African private equity deals

Pembani Remgro Infrastructure Fund II lands commitment from European LP

AFG Holding takes control of Access Holding and its African subsidiaries

Norfund invests in chicken producer Irvine's

2025 Ghana Venture Capital and Private Equity Association Conference

The 5 most popular stories on Africa Private Equity News the past week

Japan's SBI Holdings acquires equity stake in Gateway Partners

PwC: South Africa Major Banks Analysis

IFC provides financing to Airtel Africa

Goodwell makes first investment in Uganda

Sub-Saharan Africa needs significant investment to bridge energy access gap

Norsad Capital exits Zimbabwe solar power investment

AVCA Sustainable Investing in Africa Summit 2024

FSD Africa backs South Africa-based venture fund

Uncap launches €30m Africa fund

Fund for Export Development in Africa in electric boat racing deal

US-based VC firm acquires Egyptian angel investment syndicate

Five notable Nigerian private capital deals

BluePeak Private Capital in $25m African agribusiness deal

South Africa: Metier invests in Mertech Marine

The 5 most popular stories on Africa Private Equity News the past week

IFC backs Marifala to boost local furniture manufacturing in Guinea

PE and VC investors' role in driving South Africa's national policy objectives

Gateway Partners in Tanzania logistics deal

Egypt: Paymob lands additional $22m for Series B round

Kenya: Regulation, investment and opportunity are transforming renewable energy

Launch Africa Ventures unveils new mezzanine fund

Mirova in South African renewable energy deal

Talk360 secures $1.4m pre-Series A funding

Novastar Ventures appoints new head of sustainability

FSD Africa Investments backs VC fund First Circle Capital

EBRD partners with PE firms for Egypt microfinance investment

East African private equity deals

FlapKap secures $34m to scale SME-financing across MENA

World Bank Group announces new resident representative for Namibia

The 5 most popular stories on Africa Private Equity News the past week

AgDevCo Ventures secures £25m to back early-stage agri-SMEs

SAVCA Exits Masterclass 2024 agenda

Third Way Investment Partners announces new investment principal

IFC, Proparco, DEG, and DFC back pharma company Aspen

Kenzoll Capital acquires offshore mining vessel to drive Namibia expansion

Namibia hydrogen fund secures €25m European investment

Angola Sovereign Wealth Fund commits to BFA's private debt fund

BlueOrchard-managed InsuResilience Private Equity strategy backs Fido

The importance of driving female inclusion in fund management in Africa

Dealmaker's Log: African private equity and VC deals in August 2024

RMB Corvest acquires stakes in Nampak businesses in SA, Zambia and Malawi

Amethis announces new partner

Five private equity deals in Africa's manufacturing sector

Verdant IMAP advises UK PE firm on the sale of Ethiopian wine producer

Incofin backs three African agribusiness companies

South Africa: Infinite Partners exits to Bidvest

Kenya: Social commerce platform Chpter raises $1.2m

Kasha raises funding from Sanofi impact fund

Egypt: Gulf Capital exits glass manufacturer

The 5 most popular stories on Africa Private Equity News the past week

Egypt: DFI invests in cooking oil recycler

FMO backs Francophone Africa fintech company

PwC South Africa Economic Outlook | August 2024

Africa's largest tech merger completed

AHL, Everstrong and Beyond Capital back East African electric motorbike company

KBW Ventures invests in Egyptian climate technology startup

Dealmaker's Log: Five Zambian private equity deals

Standard Bank launches innovative syndicated loan management platform

DOB Equity appoints new CEO

Eos Capital in Namibia blueberries deal

PwC provides advisory services to TIH on Clientèle's acquisition of 1Life Insurance

South Africa: Omnisient lands $7.5m investment from Arise

Kenyan WhatsApp-based e-commerce platform secures investment

Kenyan regulator approves beverages deal

The 5 most popular stories on Africa Private Equity News the past week

IFC proposes $20m commitment to Egypt-focused PE fund

Norrsken22 leads investment in HR management platform

IFC proposes funding to Botswana solar power project

Standard Bank: Africa's infrastructure crisis requires urgent collaboration

Mergence Investment Managers in South African solar deal

Climate Resilient Africa Fund backs shellfish company

Launch Africa reveals new fintech investment

SAVCA announces VC Conference 2024 keynote speaker

Dealmaker's Log: Five notable African food and beverage deals

OP Finnfund Global Impact Fund I in African payments deal

Payments company Waza raises $8m in equity and debt

Kenya: Untapped Global backs edtech company ElimuTab

BII commits up to $35m alongside DP World into DRC port

The 5 most popular stories on Africa Private Equity News the past week

PwC: Africa NextGen Survey 2024

Standard Bank spearheads the power market liberalisation in South Africa with more than 500MW

New Goodwell-managed fund invests in Kenyan potato company

Southern Africa PE fundraising activity surges to a 13-year high

South Africa: Edge Growth backs Afrox's agent network

Camco’s Spark closes initial senior debt round with $9m of investments

Alexforbes Investments launches infrastructure fund-of-funds

IDH Farmfit Fund and Oikocredit announce strategic partnership

African Development Bank invests in KawiSafi II Fund

American PE firm acquires majority stake in South African-founded SYSPRO

ITL e-News: The latest business news from Mauritius

Factor E Ventures backs South Africa's Open Access Energy

Standard Bank facilitates M&A activity in Tanzania

Mineworkers Investment Company to provide pre-Series A startup funding

LP proposes $75m investment in Helios fund

The 5 most popular stories on Africa Private Equity News the past week

Egyptian fintech Lucky ONE raises $3m in convertible note

FMO discloses $10m investment in FIDO

Fortis Green Renewables in Rwanda solar power deal

PwC Nigeria MSME Survey 2024: Strategies for success in a changing landscape

Founders Factory Africa rebrands to 54 Collective

Cartona closes $8.1m Series A extension in a mix of equity and debt

Adenia Capital sells African payments industry player to SPE Capital

Hospitality-focused PE firm Kasada signs Johannesburg hotel

Alta Semper acquires Allmed Group; seeks to deepen African presence

Silverbacks invests in South African sports-tech business

African Infrastructure Investment Managers closes fund at $748m

South Africa: Maia Capital announces close of debt fund

Kiara Suttner-Tromp promoted to partner at HAVAÍC

Swiss DFI contributes to first close of Helios CLEAR Fund

Dealmaker's Log: African private equity and VC deals in July 2024

Infrastructure fund lands $20m from African Development Bank

Kenyan fish farming platform receives investment from Village Capital

The 5 most popular stories on Africa Private Equity News the past week

Mirova Gigaton Fund provides $20m debt funding to West Africa's ManoCap Energy

PwC advises Renaissance on acquisition of Shell Petroleum Development Company of Nigeria

Standard Bank fuels Motus’ growth ambitions with £150m facility

Proparco announces investment in Amethis Fund III

Get your early bird tickets for the SAVCA VC Conference 2024

HAVAÍC completes first close of its African Innovation Fund 3

First close for Helios fund

Nigeria-based startup Coamana secures $500,000 from Village Capital

IFC appoints country manager for Angola, Botswana, Lesotho and Zimbabwe

Gaia Africa Climate Fund to allow investment in renewable energy projects

AgDevCo backs South African avocado and citrus project

Swedfund invests in Inside Capital's second fund

Old Mutual Alternative Investments backs South African maize milling deal

South Africa: Apis-backed Peach Payments buys software developer

ARISE IIP and Africa Finance Corporation launch $100m capital pool

The 5 most popular stories on Africa Private Equity News the past week

IFC proposes investment in Alta Semper Capital fund

IFC, Proparco and Helios to invest in African sports and entertainment

EIB proposes investment in Sustainable Development Goals Outcomes Fund

Ticketmaster acquires Knife Capital portfolio company Quicket

Intron Health raises $1.6m, led by Microtraction

Argentem Creek Partners leads investment in Egypt’s Dopay

Listening to what consumers are saying: PwC South Africa Economic Outlook

Incofin to manage new Africa food fund

[ITL webinar] Mauritius Variable Capital Companies Act attracting FM interest

Adenia Partners completes acquisition of Air Liquide's African operations

E3 Capital leads investment in South Africa's Plentify

PwC: Global M&A Trends in Financial Services

DPI, Apis, IFC, others in $157.5m Egypt deal

Kuramo Capital to manage Nigeria Wholesale Impact Investment Fund

VC investments in South Africa hit the R3bn mark

Sango Capital acquires LP interests in Synergy Private Equity fund

The 5 most popular stories on Africa Private Equity News the past week

Metier Capital Growth Fund III reaches a final close of $219m

FMO invests in Credrails

EBRD appoints first MD for sub-Saharan Africa

Kasada completes the sale of Ibis Douala in Cameroon

Aruwa Capital makes follow-on investment into Nigerian hibiscus exporter

Regional MSME Investment Fund for Sub-Saharan Africa receives $10m commitment

European LP backs LoftyInc Alpha Fund

Standard Bank and Jumo join forces to empower entrepreneurs in Uganda

African Frontier Capital provides financing to solar-products company

Dutch DFI invests in Africa-focused VC fund

Launch Africa Ventures invests in Solarbox

Helios invests in African MMA league

British International Investment backs Zimbabwe's agriculture sector

South African travel fintech lands $300,000 from American investors

Skincare company Uncover closes $1.4m funding round

The 5 most popular stories on Africa Private Equity News the past week

IFC invests in West African export-focused apparel manufacturing venture

New backing for BlueOrchard’s climate insurance equity fund

First close for Oasis Capital Ghana's new fund

NALA raises $40m to build cross-border payments for emerging markets

Sanari Capital makes follow-on investment in South African education group

Goodwell Investments appoints Jeroen Harteveld as associate partner

British International Investment backs TerraPay with $20m

Innovate Africa launches with $2.5m angel fund

South Africa: Agile Capital acquires stake in packaging company

Wangara Green Ventures in Ghana agriculture deal

Swiss DFI commits to SPE Capital's third fund

Emergency services platform receives investment from HAVAÍC and AfricInvest

EdVentures in Egypt education deal

Congo: Noki Noki raises $3m in seed funding

The 5 most popular stories on Africa Private Equity News the past week

IFC appoints new country manager for Rwanda, Tanzania and Uganda

Swedfund backs Meridiam fund

Impact investor secures €15m from Spanish agency to support SMEs in Africa

South Africa: Datacentrix starts new chapter with Convergence Partners

Renew Capital makes first investment in South Africa

First close for Inside Capital's second fund

Norfund invests in Apis Partners fund

Dealmaker's Log: African private equity and VC deals in June 2024

PwC advises DPI on its disposal of IFS

Surge in exits for African private equity firms

European LP commits to SPE Capital fund

Ghana: IFC proposes investment in steel manufacturer

Finnfund in South Sudan transaction

The 5 most popular stories on Africa Private Equity News the past week

EBRD commits $40m to SPE Capital fund

Gabon Oil Company partners with Gunvor on Assala Energy acquisition

Carlyle to acquire portfolio of hydrocarbon assets in the Mediterranean

Egypt: Connect Money raises $8m seed funding

Africa Finance Corporation invests in DRC copper mine

PwC: SA Economic Outlook | Climate risks for essential commodities

Schroders Capital launches AI analyst for private equity

Eos Capital invests in Namibia poultry business

BII commits $75m to second Green Basket Bond

Phatisa exits West African palm oil business

DEG backs African Local Currency Bond Fund

ITL: Succession planning – Mauritius meeting the needs of global families

The 5 most popular stories on Africa Private Equity News the past week

IFC and Proparco back digital infrastructure company

PwC Africa Business Agenda: Sustainability focus

Inspired Evolution fund achieves second close

Kenya: Vantage Capital provides $47.5m of funding for real estate project

Tanzania: British International Investment backs Meridiam platform

Egypt: Pharma distribution platform raises funding

Standard Bank supports AMEA Power project with $100m debt funding

Mirepa Investment Advisors in Ghana agritech deal

Ghana: ARM-Harith backed ship repair company secures funding for project

FinDev Canada considering investment in Pembani infrastructure fund

Pearl Capital Partners exits East African vanilla exporter

Phatisa invests in African facilities management group

The 5 most popular stories on Africa Private Equity News the past week

FMO discloses approved investment in SPE Capital fund

South Africa: Pape Fund 3 acquires Nedbank Private Equity’s stake in Entersekt

AgDevCo backs West African cashew business

Norfund, Kyuden, and STOA in $38m solar solutions deal

SAVCA Board Masterclass: Unpacking King IV | 25-26 June

TLG Capital invests in Nigerian recycling plant

AfricInvest Private Credit closes $10m facility with Oikocredit

Senegal: Khuwaylid Capital launches Islamic impact fund

AIIM reaches financial close on wind farms to supply Rio Tinto and Sibanye-Stillwater

DPI exits International Facilities Services

South Africa: Admaius Capital Partners in mining supplier deal; Ethos spin-off exits

BII exits East African banking group to AfricInvest

Renew Capital in beauty deal

Metier exits to Infra Impact Investment Managers

From Omaha to Mauritius: Secrets to stock market success

Nigeria: TLG Capital co-launches naira-denominated private debt fund

IFC proposes investment in Moroccan VC fund

The 5 most popular stories on Africa Private Equity News the past week

IFC extends $23.3m to Nigerian cocoa processor

Standard Bank backs student housing in Kenya

EAIF and IFC-backed Sonatel bond lists on West African regional stock exchange

Zambian building materials platform raises pre-seed funding

Dealmaker's Log: African private equity and VC deals in May 2024

Egypt: Beltone Venture Capital in proptech deal

Alcazar Energy Partners reaches final close for renewable energy fund

Janngo Capital leads investment in mobile marketing company

The 5 most popular stories on Africa Private Equity News the past week

TLG Capital backs African swimwear brand

Zimbabwe: Spear Capital invests in food company

Morocco: Al Mada Ventures leads investment in Yola Fresh

Accion appoints new COO

Nigeria: Paystack leads acquisition of Brass

South Africa: Alma Clinics lands $2.8m investment from IDF Capital

Adenia Partners exits Cresta Paints to Uhuru Investment Partners

EIB invests €25m in Amethis Fund III

Mediterrania announces new MD for West Africa

British International Investment backs Helios Towers bond offering

Secha Capital hires Nina Verder as principal and operator-investor

OneOrder raises $16m from Delivery Hero Ventures, Norrsken22, others

Stanbic IBTC served as lead financing institution to fund Lagos Free Zone

SPE Capital plans to invest up to US$45m in Dislog Group

Spiro signs $50m debt facility with Afreximbank

South Africa: Santam acquires Kandua

The 5 most popular stories on Africa Private Equity News this week

Persistent makes fresh investment in DRC-based e-motorcycle company

PwC South Africa Economic Outlook: Towards greater food security

ARM-Harith announces new CIO

Shorooq Partners announces first close of $100m private credit fund

Eha Impact Ventures converts $3m debt into equity for EHA Clinics

PwC’s 27th Annual Global CEO Survey - West Africa

Tanzania: IFC backs glass manufacturer

Ghana: Injaro invests in out-of-home advertising company

EIB considers investment in AFC Capital Partners fund

Proparco extends technical assistance facility to Amethis fund

Francophone Africa informal retail platform raises $3.2m

First close for Golden Gate Ventures MENA Fund

Inua Capital backs East African chocolate producer

OpenseedVC launches with first close of $10m fund

TOA Tanzania secures $30m from BII

Afrigreen Debt Impact Fund lands investment from European LP

The 5 most popular stories on Africa Private Equity News this week

Accion launches $152.5m fund to invest in digital transformation

South Africa: Heritage Capital invests in Fairview Cheese

IFC announces investment in SPE Capital fund

South Africa: Alterra-led consortium to buy Chill Beverages from Old Mutual PE

Renew Capital announces new board member

Capria Ventures appoints Mobola da-Silva as partner

Spark+ extends $1.5m financing to ATEC

IFC proposes investment in Inside Capital fund

Standard Bank investment in Acre Impact Capital fund boosts financing for climate infrastructure

The 5 most popular stories on Africa Private Equity News this week

Egypt: P1 Ventures, Localglobe, others back MNZL

Apis Growth Fund I to exit South African business

Nigeria: Ingressive Capital leads investment in Renda

Egypt: Fintech company Swypex raises $4m seed funding

Admaius Capital Partners makes an investment in a Rwandan telecom towers operator

South Africa: Lesaka to acquire Apis-backed payment platform Adumo

Ascent Rift Valley Fund II buys stake in Kenyan packaging business

Egypt’s Pharmacy Marts secures bridge round from Acasia Ventures

New Forests appoints Yida Kemoli as managing director for Africa

Seamfix secures $4.5m from Alitheia IDF

South Africa: RMB Ventures invests in Bulldog Group

BII appoints Daniel Hanna as new Non-Executive Director

Beltone to launch private credit platform for Egyptian exporters

Morocco: IFC proposes investment in logistics company

Dealmaker's Log: African private equity and VC deals in April 2024

The 5 most popular stories on Africa Private Equity News this week

Kenya: Ascent gets approval to acquire packaging company

Webinar: Doing Business and Residency in Mauritius

Nigerian food delivery platform secures $2.5m seed funding

Verod Capital appoints new partner

AgDevCo in East African agriculture deal

Ethiopia: Affordable building materials company raises $5.2m

PwC South Africa Economic Outlook: Unlocking foreign direct investment

EIB proposes investment in Quona fund

FMO invests $10m in TIDE Africa II

The 5 most popular stories on Africa Private Equity News this week

EIB Global commits €10m to Incofin water investment fund

Nigeria: TLG Capital backs ethical debt collection startup

Morocco: Mediterrania completes exit from TGCC

Renew Capital invests in Kenya's Farm to Feed

Kenya: Sahel Capital extends funding to avocado processor

South Africa: Hlayisani Capital backs Spatialedge

Chedid Capital acquires remaining 20% stake in Groupe Ascoma

West Africa: Fund for Export Development in Africa in banking deal

Beltone partners with Citadel to manage $30m VC fund

TLcom Capital closes second fund at $154m

Nigeria: Goodwell invests in OmniRetail

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BII commits $15m to BlueOrchard fund

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Egyptian-American Enterprise Fund commits $50m to Tanmiya fund

Uganda: Inua Capital backs food company

South Africa: Vuna Partners buys 40% stake in Ferreira Fresh

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Injaro joins AFIG Funds as shareholder in Ivorian packaging company

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Renew Capital makes first investment in Mozambique

Agri insurance platform Pula closes $20m Series B funding

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SunCulture raises $27.5m in Series B funding

South Africa: The Rohatyn Group sells BevCo to India's Varun Beverages

Monter Capital secures commitments from Zambian pension funds

Actis-backed Nairobi Gate launches textile park

DFC commits $50m to renewable energy fund

Enko Capital exits Zambian company to South Africa's Mergence

Verod-Kepple Africa Ventures closes first fund at $60m

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CFAO invests in electric bus company BasiGo

IFC considering investment in Francophone Africa fund

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Morocco: FMO backs agri supply chain platform

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RMB Corvest in deal with packaging giant Nampak

Injaro subsidiary invests in Samsung distributor

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South Africa: Medu Capital acquires majority stake in Optron Group

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Nigeria: British International Investment commits $65m to fertiliser producer

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Egypt: DisrupTech, EdVentures and CFYE back edtech platform

IFC invests in new 4DX Ventures fund

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HAVAÍC reinvests in breakdown management platform RNR

Actis exits to AIIM-led consortium

DPI exits biopharmaceuticals platform to Mubadala

South Africa: Actis to acquire Swiftnet for $355m

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Swiss DFI commits $10m to XSML Capital fund

Verod-Kepple Africa Ventures and Founders Factory Africa back insurance platform

DOB Equity CEOs to step down

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Ghana: Injaro exits stake in animal feed producer

Uber leads Moove's $100m Series B round

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Admaius Capital invests in medicated-cosmetics business Parkville

Gaia Fund Managers in South African water deal

Flourish Ventures and TLcom Capital back Lagos-based Zone

Nigeria's Youverify receives investment from Saudi company

Danish DFI announces new CIO; Africa to be a major focus area

Mubadala and Bpifrance jointly invest in Partech Africa II fund

Nigeria: Sahel Capital backs agritech company

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Investec provides capital call facility to ALT Capital Partners fund

RMB Ventures and Bopa Moruo acquire majority stake in Icon Oncology

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Adenia to acquire 12 Air Liquide subsidiaries in Africa

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XSML Capital lands $15m from Norfund

Standard Bank makes investment to fuel Planet24’s inclusive car subscription service

Egypt: Upturn Ventures backs adtech company

Climate Fund Managers in Nigerian power sector deal

Knife Capital backs Earth observation optical imaging solutions company

Uganda: European DFIs provide $40m funding to telecom towers company

XSML Capital announces first close of fourth fund

South Africa: Customer service platform Cue raises $2m

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Eos Capital invests in Namibian student accommodation

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South Africa: Medu Capital exits insurance brokerage

Aruwa Capital and Newtown Partners in Nigerian healthcare deal

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COTU Ventures raises $54m for MENA fund

Phuthuma Nhleko confirmed as AVCA 2024 keynote speaker

Payments platform MoneyHash closes $4.5m seed round

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Capria Ventures leads investment in African credit management platform

Adenia acquires South African delivery company The Courier Guy

British International Investment announces new appointments

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Kenya's BuuPass secures investment from well-known American investor

Standard Bank supports Norsad’s goal to build a better Africa

Pepkor to sell building materials unit to Capitalworks

Soros Economic Development Fund commits $25m to Allied Climate Partners

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Acasia Ventures invests in Kenya’s Tappi

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Universal acquires Nigerian music label; TPG exits

BluePeak Private Capital in West African financial services deal

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Africa Finance Corporation commits up to $40m for Nigeria hospital

Nigeria: Verod invests in fitness chain

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WIC Capital invests in Senegalese food company

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IFU sells stake in Kenyan wind farm to BlackRock

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Norfund to finance green hydrogen fertiliser project in Uganda

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Partech announces close of second Africa fund

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FMO commits $10m to clean energy platform

Standard Bank partners with Meridiam in the acquisition of Kipeto Energy PLC

Logistics platform Logidoo raises $1.55m in seed round

Kenya: Medical oxygen company raises $20m

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BII sells partial stakes in three funds to Blue Earth Capital

North Africa: Amethis invests in data management consultancy firm

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STANLIB Infrastructure Fund II backs new renewable energy platform

Ilara Health secures $4.2m pre-Series A funding

Ghana: Injaro announces final close of new fund

DFC announces new US financing for Africa’s Lobito Corridor

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Omega Sports Holding backs Ivorian football club

Africa Credit Opportunities Fund in telecom deal

SPE Private Equity Fund III lands commitment from European LP

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Mirova Gigaton Fund reaches $282m

Egypt’s Roboost raises $3m investment

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South Africa: Michael Jordaan's AI Capital and Invenfin back OfferZen

Joliba Capital fund reaches first close

Nick O’Donohoe to step down as CEO of BII later this year

Sony Innovation Fund announces first Africa investment

Poultry business raises $9.5m from AgDevCo and IDH Farmfit Fund

South Africa: Carlyle exits Amecor

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Swedfund backs Apollo Agriculture

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Kenya: Agritech platform Shamba Pride secures $3.7m funding

Renew Capital invests in East African energy company

Agribusiness cooling solutions company lands €1m investment

Ghana: British International Investment backs outsourcing company

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Rwanda: Fortis Green Renewables in hydropower deal

Solar energy debt fund lands $10m investment from FMO

ARM-Harith announces new CEO

Gulf Capital exits sports nutrition distributor

DPI-backed Ukheshe acquires fintech company EFTCorp

Rwanda-based medical procurement platform raises investment

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AfDB commits $10.5m to Seedstars Africa Ventures

Egypt: PE firm Ezdehar backs apparel retailer

Standard Bank supports Netis’ strategic growth with debt funding package

South Africa: Convergence Partners to acquire Datacentrix

DEG signs investment in Adenia private equity fund

Finnfund announces new chief investment officer

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EAIF completes $294m debt raise from Allianz, Standard Bank and KfW

African Infrastructure Investment Fund 4 lands commitment from European DFI

General Atlantic to acquire Actis

BlackRock agrees to acquire GIP, founded by Nigerian Adebayo Ogunlesi

African Infrastructure Investment Managers secures $30m from LP

Uganda: Watu Credit raises $15m funding

Kenya: Procurement platform lands investment from Renew Capital

IFC backs African infrastructure fund

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BII invests in Apis Growth Markets Fund III

African eyeglasses company secures $3m equity investment

Kenyan mobile postal service MPost attracts investment to expand into the region

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E3 Capital leads investment in refurbished smartphone company

Kenya: Octavia Carbon raises capital to advance carbon capture technology

EIB Global invests in Seedstars Africa Ventures I fund

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Amethis acquires majority stake in Capital Banking Solutions

Renew Capital backs Opareta to roll out mobile money operator solution

North Africa: iSchool raises $4.5m led by VentureWave Capital

Monter Capital invests in Botswana-based financial institution

IFC backs Cygnum Capital debt fund

Globeleq secures $117m for Kenyan geothermal plant

ITL welcomes Kesaven Moothoosamy as Director

Affirma Capital leads $145m deal for Zambia's Copperbelt Energy Corporation

South Africa: Mahlako and Thirdway invest in gas project

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Mastercard Foundation's Africa Growth Fund backs three investment vehicles

Carlyle Sub-Saharan Africa Fund exits to Saudi entity

Emerging Africa Infrastructure Fund commits $30m to AXIAN Energy

Kasada Hospitality Fund receives financing to refurbish Nairobi hotel

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