Harith to Acquire FlySafair
Harith and its affiliates have entered into a Sale and Purchase Agreement to acquire FlySafair, the airline confirmed today, in a transaction subject to the required regulatory approvals.
Harith and its affiliates have entered into a Sale and Purchase Agreement to acquire FlySafair, the airline confirmed today, in a transaction subject to the required regulatory approvals.
Phatisa Food Fund 3 (PFF 3) has reached an $86m first close, with commitments from a group of leading development finance institutions and impact investors – British International Investment (BII), FinDev Canada, Norfund, Swedfund, the IFC and Phatisa.
Vantage Capital, Africa’s largest mezzanine debt fund manager, has fully exited its investment in Seaton Estates, a residential coastal development located on the North Coast of Kwa-Zulu Natal, South Africa.
HAVAÍC, a South African venture capital firm, has led a $1.4m secondary investment in a global calling app Talk360.
Multifonds, a global provider of fund administration software and SaaS solutions and Ultumus, a SIX Group company specialising in ETF infrastructure technology, have announced a strategic partnership designed to enable fund providers to rapidly expand into the fast-growing ETF market.
FactSet, a global financial digital platform and enterprise solutions provider, has announced the beta release of AI Doc Ingest for Cobalt, a powerful AI-powered solution designed to revolutionize portfolio company data collection for private capital managers.
The Private Infrastructure Development Group (PIDG), through its project development solution, InfraCo has exited its preference share investment in InfraCredit Nigeria for $26m, achieving a strong return despite challenging macroeconomic conditions.
Sahel Capital, an investment manager focused on the food and agriculture sectors across sub-Saharan Africa, has successfully closed a $2.4m working capital loan to Kuapa Kokoo through its Social Enterprise Fund for Agriculture in Africa (SEFAA).
British International Investment (BII), the UK’s development finance institution and impact investor, and Alexforbes Investments (Alexforbes), South Africa’s largest multimanager, have each committed R500m to the Revego Africa Energy Fund.
Canada’s bilateral Development Finance Institution, FinDev Canada, has announced a $15m loan to Lendable MSME Fintech Credit Fund II SCSp, SICAV-RAIF, a 7-year global-focused debt fund with a target size of $250m.