DPI Invests in Alameda Healthcare
Development Partners International (DPI) has completed a $190m investment in Alameda Healthcare, Egypt’s private healthcare group.
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HAVAÍC’s African Innovation Fund 3 Achieves Third Close
Cape Town-headquartered venture capital (VC) firm HAVAÍC has announced the third close of its $50m African Innovation Fund 3, securing over $30m in commitments following the entry of South African impact investor E Squared Investments.
17 Feb
News > Funds > Markets and Industry News
Franklin Templeton and Binance Partner on Institutional Collateral Program
Franklin Templeton, a global investment manager and Binance, a cryptocurrency exchange, have announced a new institutional off-exchange collateral program, making digital markets more secure and capital-efficient.
16 Feb
News > Private Equity > PE Industry News
African Startups Raise $3.9bn in 2025 as Venture Market Steadies
African startups raised $3.9bn across 506 deals in 2025, signalling a steadying pulse for the continent’s venture ecosystem after two years of global market adjustment, according to AVCA’s newly released 2025 Venture Capital Activity in Africa report.
11 Feb
News > Private Equity > Exits
Vantage Capital Exits Investment in Seaton Estates
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.
11 Feb
News > Private Equity > Deals
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.
9 Feb
News > Private Equity > Deals
HAVAÍC Invests in Talk360
HAVAÍC, a South African venture capital firm, has led a $1.4m secondary investment in a global calling app Talk360.
9 Feb
News > Asset Servicing
Multifonds Partners With Ultumus
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.
9 Feb
News > Private Equity > Fundraising
Phatisa Food Fund 3 Reaches $86m First Close, Signs First investment
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.
4 Feb
News > Asset Servicing
FactSet Launches AI Solution
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.
2 Feb
News > Private Equity > Deals
PIDG Exits InfraCredit Nigeria
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.
30 Jan
News > Private Equity > Deals
Sahel Capital Provides $2.4m Loan to SEFAA
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).
29 Jan
News > Investors
BII and Alexforbes Back Revego Africa Energy Fund
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.
29 Jan
News > Investors
FinDev Canada Invests in Fintech Credit 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.
29 Jan
News > Private Equity > Fundraising
XSML Closes Fund IV at $142m
XSML Capital has reached the final close of its fourth vehicle, African Rivers Fund IV, at $142m, surpassing its $135m hard cap.
28 Jan
News > Private Equity > Deals
EAAIF commits €40m to Cabo Verde Airports
The Emerging Africa & Asia Infrastructure Fund (EAAIF), a Private Infrastructure Development Group (PIDG) company, managed by Ninety One, has committed €40m in sustainability-linked financing to Cabo Verde Airports to support the second phase of a landmark programme to expand, modernise, and decarbonise seven airports across Cabo Verde.
27 Jan
News > Private Equity > Exits
DPI Exits Atlantic Business International to BCP
Development Partners International, an investment firm focused on Africa, has announced that ADP II Holding 7 L.P (ADP II), one of the investment vehicles of African Development Partners II, DPI’s second flagship fund, sold its 20.17% stake in Atlantic Business International (ABI) to Banque Centrale Populaire Group (BCP).
26 Jan
News > Private Equity > Deals
Adenia Partners to Acquire Majority Stake in Parkville
Adenia Partners, a private equity firm focused on growth opportunities in Africa, has signed definitive agreements to acquire a majority stake in Parkville Pharmaceuticals from Admaius Capital Partners, an Africa-focused private equity firm, alongside Dr. Sherif Bassiouny, Chairman of Parkville, and Dr. Mahmoud Farrag, CEO of Parkville.
22 Jan
News > Investors
FSDAi Invests in Ci-Gaba Fund
FSD Africa Investments (FSDAi), a UK-backed specialist financial sector investor, has announced a $7.5m investment in the Ci-Gaba (Progress) Fund, a Ghanaian-domiciled fund of funds designed to mobilise pension capital into private equity and private debt investments across Ghana and West Africa.
22 Jan
News > Funds > Markets and Industry News
Cartesian Capital Expands Investor Toolkits with JSE Listings
Cartesian Capital, a boutique South African 100% black female owned asset management firm, has announced the listing of an Actively Managed Exchange Traded Fund (AMETF) and an Actively Managed Certificate (AMC) on the Johannesburg Stock Exchange (JSE).
22 Jan
News > People Moves
Standard Chartered Names Dalu Ajene as CEO Africa
Standard Chartered has appointed Dalu Ajene as the Chief Executive Officer of the Bank’s operations in Africa with dual responsibilities as the Head of Coverage for Africa.
22 Jan
News > Private Equity > PE Industry News
African Tech Funding Rebounds to $4.1bn
In 2025, African tech funding regained significant momentum, recording $4.1bn in combined equity and debt financing (+25% YoY), according to Partech Africa Tech Venture Capital report.
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