1 Aug
News > Asset Servicing
Charles Russell Speechlys has advised Miro Forestry Developments, a UK headquartered sustainable forestry and plywood manufacturer, operating from locations across West Africa, on its latest fundraising round.
29 Jul
News > Private Equity > Exits
LeapFrog Investments has exited its stake from Goodlife Pharmacy, East Africa’s largest retail pharmacy platform, to CFAO Healthcare, a leading distributor of pharmaceutical and medical products in Africa.
22 Jul
News > Investors
The Emerging Africa & Asia Infrastructure Fund (EAAIF), a Private Infrastructure Development Group (PIDG) company managed by Ninety One, has made an anchor investment in Axian Telecom's $600m 5-year bond issuance.
22 Jul
News > Investors
African Development Bank has approved a $40m equity investment in Project Zafiri, a transformative equity platform and flagship initiative under Mission 300.
17 Jul
News > Private Equity > Exits
African Infrastructure Investment Managers (AIIM), a subsidiary of Old Mutual Alternative Investments, through its IDEAS Fund, has successfully exited stakes in three prominent renewable energy assets, in a transaction valued at over R750m..
16 Jul
News > Funds > Launches
Satrix, a provider of index-tracking investment products in South Africa, has announced that it would further expand its offering into another African market.
15 Jul
News > Investors
British International Investment (BII), the UK’s development finance institution and impact investor, Zambia’s National Pension Scheme Authority (NAPSA) and Swedfund have joinly launched Growth Investment Partners Zambia (GIP Zambia), an investment company designed to provide long-term, flexible capital, primarily in local currency to small and medium-sized enterprises (SMEs) in Zambia.
11 Jul
News > People Moves
responsAbility Investments AG has appointed Nadia Nikolova as the company’s new Chief Executive Officer, subject to regulatory approval.
10 Jul
News > Private Equity > Exits
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.
9 Jul
News > Investors
DFC has announced that it will provide project development funding for the Banio Potash Mine in Mayumba, Gabon.
9 Jul
News > Private Equity > Deals
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.
8 Jul
News > Private Equity > Deals
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.
8 Jul
News > Private Equity > Deals
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.
8 Jul
News > Investors
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.
7 Jul
News > Private Equity > Deals
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.
7 Jul
News > Investors
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.
4 Jul
News > Private Equity > Exits
Carlyle has agreed to sell Safety SA, a South African testing, inspection, certification and training (TICT) business, to Centre Testing International Group Co. (CTI).
2 Jul
News > Private Equity > Deals
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
26 Jun
News > Private Equity > Exits
Oasis Capital, an SME growth investor in West Africa, has exited its investment in Mansa Bank Côte d’Ivoire, a fast-growing bank in Côte d’Ivoire.
25 Jun
News > Investors
The Public Investment Corporation (PIC) and British International Investment (BII) have signed a Memorandum of Understanding (MoU) to accelerate collaboration in investments across the African continent.