Deals

Westbrooke backs South African businesses with new investments

The investments include equipment rental, distribution, and industrial real estate businesses.

Aug 20

Convergence Partners leads Yellow’s Series C funding round

Yellow provides asset-backed credit for smartphones and off-grid solar products.

Aug 19

A.P. Moller Capital backs Moroccan logistics company Globex

Globex operates in express delivery, road freight, freight forwarding and customs brokerage.

Aug 17

Moove reaches $2.1bn valuation after Series C round

Moove, the global mobility company, has raised $250 million at a $2.1 billion valuation.

Aug 6

Barka Fund backs Kenyan macadamia exporter

Abidjan-based Barka Fund has invested $1 million in Kenyan macadamia exporter Orient Enterprises.

Jul 29

Footprints Education Group acquires 24% stake in South African manufacturer Penflex

FEG, an education investment platform entirely owned by Aleyo Growth Fund I, has bought an equity interest in Penflex.

Jul 29

Investisseurs & Partenaires exits Ghana’s Eden Tree to Pangea Africa and Black Star Africa

Eden Tree produces and distributes packaged fresh fruits, vegetables and herbs in Ghana.

Jul 25

Kenya: Oxano Capital backs B2B fintech Sevi

Sevi provides stock financing to micro and small retailers through its order-now, pay-later platform.

Jul 22

Meridiam and Roha increase backing for data centre platform Raxio

Raxio operates data centre facilities in six African markets and plans to expand into Tanzania.

Jul 16

South Africa: Competition Commission backs Harith’s acquisition of FlySafair

Harith entered into an agreement to acquire FlySafair earlier this year.

Jul 14

Metier sells minority stake in Cape Town Biogas to Infra Impact Investment Managers

Metier will remain the controlling investor.

Jul 3

Adenia buys majority stake in Minet from Capitalworks

Minet provides insurance brokerage, risk advisory, and employee benefits services across nine African markets.

Jun 30

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