26 Nov
News > Investors
Mashreq, a financial institutions in the MENA region, has announced a $50m trade finance partnership with British International Investment (BII), the UK’s development finance institution and impact investor – to boost cross-border trade finance in key emerging markets across South Asia and Africa.
20 Nov
News > Private Equity > PE Industry News
Stears, a financial data and software company focused on African markets, has released its Private Capital in Africa Report: Q3 2024, revealing a notable trend in single-country investments as private capital continues to drive investment activity on the continent.
15 Nov
News > Investors
British International Investment (BII), the UK’s development finance institution and impact investor, has provided a $30m risk-sharing and blended local currency co-financing facility to InfraCredit, a specialised infrastructure credit guarantee institution, to support clean energy transition in Nigeria.
14 Nov
News > Private Equity > Deals
Sanari Capital has announced a R87.5m ($5m) investment in Energenic Holdings, a holding company for a group of businesses in the energy solutions space.
12 Nov
News > Investors
The Emerging Africa & Asia Infrastructure Fund (EAAIF) and the Dutch entrepreneurial development bank FMO acting as co-mandated lead arrangers, alongside DEG, have announced a €84m investment in two photovoltaic solar plants with battery storage systems operated by AXIAN Energy in the southern Senegalese region of Kolda.
11 Nov
News > Private Equity > Deals
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.
1 Nov
News > People Moves
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 > Exits
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.