Exits

[Updated] RMB Ventures and Nedbank Private Equity exit Afrikelp as Stirling Square’s SAS Group takes majority stake

The deal marks an exit for RMB Ventures and Nedbank Private Equity.

Oct 19

Edge Growth-managed Vumela Fund exits investment in Everlectric

Vumela provided venture debt to Everlectric as the company expanded its operations in South Africa.

Oct 9

Adenia-backed Quickmart receives approval for Nairobi listing

The offer will see Quickmart’s existing shareholder sell 50% of the retailer to public investors.

Oct 6

A.P. Moller Capital to exit Nigerian gas investment Powergas

Powergas operates critical gas infrastructure in Nigeria.

Sep 28

Five35 Ventures records 3.5x return from Complete Farmer exit

Ghana-based Complete Farmer connects farmers with buyers, agricultural inputs and technical support.

Sep 24

Adenia-backed Quickmart plans Nairobi Securities Exchange listing

The Kenyan retailer operates 72 stores.

Sep 23

South Africa: EXEO Capital exits Chemical Process Technologies

CPT manufactures active pharmaceutical ingredients used in animal health products.

Sep 7

Ventures Platform, AAIC exit as Kylian Mbappé-backed Alan acquires Tanel

French health insurance company Alan is acquiring Dakar-based Tanel.

Sep 2

Morocco: Amethis sells stake in logistics platform

Amethis has announced the exit from its investment in Globex, a logistics and transport platform in Morocco.

Aug 17

SPE Capital, Tanmiya Capital Ventures, others exit Egypt’s Tamweely

Tamweely provides non-bank financial services to MSMEs in Egypt.

Aug 12

Eos Capital achieves 40% IRR from Namibian private equity exit

Eos Capital’s Allegrow Fund has exited its investment in The Mushara Collection.

Jul 29

Helios lists T2S Group on Casablanca Stock Exchange

T2S Group is an integrated med-tech group serving public and private healthcare providers in Morocco and across Africa.

Jul 27

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