Oxano Capital has invested in Mujuni Ventures, a Ugandan dairy processing and milk aggregation company, to support the expansion of its production capacity, cold-chain infrastructure and distribution network.
AfricInvest Small Cap Fund (ASCF) has made a minority equity investment in Spoon Consulting, a Mauritius-based AI and digital transformation company, to support its expansion across Africa and Europe.
CDG Invest Growth (CIG) and Mediterrania Capital Partners (MCP) have agreed to jointly acquire a stake in Société Nouvelle des Conduites d’Eau (SNCE), a Moroccan water infrastructure and equipment company.
Mamor Capital Ventures has reached a R300 million first close for its inaugural venture capital fund, allowing the South African investment firm to begin deploying capital into post-revenue technology businesses.
Luxembourg-based corporate services group Fidence has acquired MITCO, a management company operating in Mauritius and the Seychelles, as part of its international expansion strategy.
CardinalStone Capital Advisers (CCA), a West Africa-focused private equity fund manager, has reached a first close of $76 million for its second fund, CCA Growth Fund II.
Amethis has exited its investment in Globex, a Moroccan integrated logistics and transport company, concluding a four-year partnership with founder and CEO Omar El Kadiri and the management team.
GuarantCo, part of the Private Infrastructure Development Group (PIDG), has partnered with Symbiotics to arrange a $20 million debt facility for Robust International to finance a cashew processing plant and related infrastructure in Côte d’Ivoire.
Ninety One has closed its third Africa Credit Opportunities Fund (ACO3) with $404 million in commitments, including leverage, from institutional investors across Africa, Europe, the UK, US and Canada.
Convergence Partners has led the Series C funding round for Yellow, a fintech providing asset-backed credit for smartphones and off-grid solar products across sub-Saharan Africa.
BluePeak Private Capital Fund II has made an initial $12 million investment in Monty Mobile International, the African hub of telecommunications and messaging provider Monty Mobile, as part of a broader financing partnership.
A.P. Moller Capital is set to acquire a majority stake in Moroccan transportation and logistics company Globex Investissement through its Emerging Markets Infrastructure Fund II and APM Capital Morocco Fund.
Sango Capital has been appointed to manage approximately US$460 million in committed capital across three African private equity fund portfolios following a management change initiated by a consortium of institutional limited partners.
Circle Ventures, the corporate venture arm of Circle Internet Group, has made a strategic investment in African payments technology company Flutterwave to support the expansion of USDC settlement across its payments platform.
