Mergence Acquires Remaining Stake in Lesotho Aquaculture Project
Mergence Investment Managers (Lesotho) has acquired the remaining 51% of the shares in Sanlei Premium Trout, an integrated aquaculture producer of Africa’s largest sushi-grade trout.
Recognized by industry leaders for extensive coverage on African Asset Management
AGF Magazine - October issue
Latest News
Phatisa, Masimong, and Sabvest Sell 100% Interest in Rolfes to Solevo Group
Phatisa, through Phatisa Food Fund 2, Masimong through Masimong Chemicals and Sabvest through Sabvest Finance and Guarantee Corporation have agreed to sell their collective 100% interest in Rolfes Holdings, a South African based food ingredients and diversified chemicals provider to Solevo. a pan-African speciality chemicals distributor.
1 Nov
News > People Moves
GuarantCo Hires Dave Chalila
GuarantCo, a Private Infrastructure Development Group (PIDG) company, has strengthened its Investment team with the appointment of Dave Chalila as Head of sub-Saharan Africa. In this new role, Dave will be responsible for the growth and management of a portfolio of sustainable infrastructure projects in lower income countries across the region. He will be based in PIDG’s Nairobi office.
31 Oct
News > Private Equity > Fundraising
Janngo Capital Announces Final Close of its Oversubscribed $78m Fund
Pan-African venture capital firm Janngo Capital, one of the very few female-founded, owned and led venture capital firms in Africa, has announced the final closing of its second fund at $78m, 20% beyond its initial target.
29 Oct
News > Funds > Markets and Industry News
Ninety One Launches Sovereign Biodiversity Index
Ninety One, a global investment manager with $162bn assets under management, has launched a Sovereign Biodiversity Index, which provides a quantitative way for investors to assess nature and biodiversity risks at the national level.
29 Oct
News > Private Equity > Deals
DPI Leads $110m Series C in Moniepoint
Development Partners International’s African Development Partners (ADP) III fund, has led a $110m Series C investment in Moniepoint, Africa’s fastest-growing fintech company.
24 Oct
News > Private Equity > Deals
Investors Back BasiGo with $42m
BasiGo, a provider of electric bus solutions in sub-Saharan Africa, has announced the successful closing of a $42m in new capital.
22 Oct
News > Private Equity > Deals
Kalon Venture Partners Backs visionAI
Kalon Venture Partners has invested an undisclosed sum in visionAI, a leader in artificial intelligence and computer vision solutions,
21 Oct
News > Private Equity > Fundraising
SA SME Fund, TIA and E Squared Launch R300m Seed Fund of Funds
The SA SME Fund, the Department of Science and Innovation (DSI), along with its entity, the Technology Innovation Agency (TIA), and impact investor E Squared Investments have launched a R300m Seed Fund of Funds aimed at providing critical early-stage capital to startups.
18 Oct
News > Funds > Markets and Industry News
AfDB Collaborates with Absa
The African Development Bank (AfDB) and Absa Group, have unveiled a multi-billion Rand financial package to expand sustainable capital markets and boost economic growth for women-owned businesses, youth entrepreneurs, and small and medium-sized enterprises (SMEs).
- Read more:
- Asset Servicing
- Funds
- Investors
- People Moves
- Private Equity
Analysis & Features
Meeting with Phatisa
Oct. 9, 2024, 1:51 p.m.
Meeting with Cordros Asset Management
Sept. 30, 2024, 1:10 p.m.
Meeting Change Head-On: Post-Election Operational Strategies for South African Investment Managers
Sept. 3, 2024, 9:18 a.m.
Africa’s Energy Sector to Litigate Banks and Financiers for Financial Apartheid in Oil and Gas Sector
Aug. 8, 2024, 1:39 p.m.
RMB's Report Highlights Africa’s Top Investment Economies
Aug. 6, 2024, 8:32 p.m.
Tackling Hunger and Poverty in Africa
June 26, 2024, 9:39 p.m.
Transforming Africa’s Hospitality Sector
May 27, 2024, 6:04 p.m.
State of the South African ETP Industry
May 1, 2024, 6:10 p.m.
