18 Jun
News > Private Equity > Deals
The Private Infrastructure Development Group (PIDG) has announced that Taranis Operations has signed a convertible loan agreement with the Corbetti Geothermal project in Ethiopia, marking the first step in a broader partnership that could see Taranis invest up to $27 million in equity into the project.
17 Jun
News > Private Equity > Deals
A.P. Moller Capital, through its Emerging Markets Infrastructure Fund II (EMIF II), has signed an agreement via a special purpose vehicle to acquire Mainstream Renewable Power South Africa, a leading renewable energy developer and independent power producer.
17 Jun
News > Private Equity > Fundraising
Holocene has announced the final close of Holocene Ventures Fund I (HVF1), which it describes as Southern Africa’s first dedicated high-growth climate technology fund, marking a milestone for the region’s emerging climate innovation ecosystem.
11 Jun
News > Private Equity > Fundraising
AHL Venture Partners has announced the first close of its AHL Africa Credit Fund I at $30.5 million, less than a year after launching the fundraising process.
9 Jun
News > Private Equity > Deals
Aruwa Capital Management has completed an investment in Sika Financial Group, a financial market infrastructure company focused on clearing, settlement, liquidity and market data services for cross-border transactions across Africa and other emerging markets.
9 Jun
News > Private Equity > Fundraising
ARM-Harith Infrastructure Investments has announced the first close of its successor climate transition fund at approximately $76 million.
8 Jun
News > Private Equity > Fundraising
3IF Ventures, the first impact venture capital fund dedicated to Africa’s insurance start-up ecosystem, has announced the first close of its Inclusive Insurance Investment Fund at $12 million.
4 Jun
News > Private Equity > Exits
AfricInvest has launched a phased exit from its investment in SIPO Holding, the Mauritius-based holding company that controls Côte d’Ivoire’s Groupe Centaures, following a $16 million fundraising by the logistics and transport group.
3 Jun
News > Private Equity > Exits
Helios Investment Partners has agreed to sell its majority stake in Africa Specialty Risks (ASR) to Vitruvian Partners, marking the next stage in the development of the specialty insurance and reinsurance platform focused on Africa and other emerging markets.
3 Jun
News > Private Equity > Exits
Knife Capital has exited its stake in VoxCroft Analytics' US entity through a sale to Redpoint Advisors, a US-based intelligence advisory firm, marking a successful exit for the venture capital firm's KNF II fund and underscoring growing international interest in African-developed technology.
1 Jun
News > Private Equity > Deals
The Private Infrastructure Development Group (PIDG) has joined an investor consortium to close the final funding gap for a $137 million maritime infrastructure project in Ghana, paving the way for financial close and construction of the Takoradi Floating Dock Project, known as Shiprite.
18 May
News > Private Equity > Deals
AfricInvest, through its Financial Inclusion Vehicle (FIVE), has led a growth investment round in BFREE, a pan-African investor in distressed retail and SME loans, as the company looks to expand portfolio acquisitions, deepen partnerships with financial institutions, and enter additional African markets.
13 May
News > Private Equity > Deals
Triple Jump has provided $8 million in debt funding to Africa Xpress, supporting the company’s plans to scale its electric mobility operations across Africa.
12 May
News > Private Equity > Deals
Sango Capital has acquired more than $120 million in net asset value across four African-focused funds from an institutional investor rebalancing its global portfolio, in a transaction that highlights growing activity in Africa’s secondary private markets.
