Phatisa to Exit Deltamune
Phatisa, through Phatisa Food Fund 2, has agreed to sell its interest in Deltamune, a South Africa-based vaccine manufacturer, to Vaxxinova International B.V., a global animal health company and part of the EW Group.
Phatisa, through Phatisa Food Fund 2, has agreed to sell its interest in Deltamune, a South Africa-based vaccine manufacturer, to Vaxxinova International B.V., a global animal health company and part of the EW Group.
The Credit Fund of the African Continental Free Trade Area (AfCFTA) Adjustment Fund has successfully closed its first investment, committing $10m to Telecel Global Services, through a senior secured amortising loan.
responsAbility Investments AG has appointed Nadia Nikolova as the company’s new Chief Executive Officer, subject to regulatory approval.
DFC has announced that it will provide project development funding for the Banio Potash Mine in Mayumba, Gabon.
Goodwell Investments and Alitheia Capital have announced an undisclosed investment in Hinckley E-Waste Recycling, a Nigeria-based recycler, through uMunthu II, a fund providing smart equity to early growth stage companies throughout Africa.
Kholo Capital Mezzanine Debt Fund I has provided a R200m mezzanine debt growth funding facility into Bayport Securitisation to support the roll out of the Bayport SA Financial Wellness Solutions Programme.
British International Investment, the UK’s development finance institution and impact investor, had committed £1.09bn to African companies in 2024 to create jobs, reduce aid dependency and combat the climate emergency.
Development Partners International (DPI), through funds it advises, and co-investors, have signed a binding agreement for a $190m minority stake investment in Alameda Healthcare, Egypt’s private healthcare group.
Standard Bank Group has extended a R400m working capital facility structured in a sustainable finance format to a South African earned wage access (EWA) provider Paymenow.
Lagata, a specialist in forestry investment, has led a new funding round into Miro, the sustainable forestry and plywood manufacturing company which employs over 4,000 people in Sierre Leone and Ghana