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.
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.
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.
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.
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
AfricInvest, through its Cathay AfricInvest Innovation Fund (CAIF), has led a R200m funding round for Nile.ag, an agricultural technology platform, with a co-investment from FMO, the Dutch entrepreneurial development bank, as well as renewed support from existing investor, Platform Investment Partners.
Nedbank CIB and Investec Investment Banking have provided a strategic funding package comprising equity and structured debt to Master Plastics, a dynamic Group of predominantly food and agricultural-focused businesses.
Vital Capital, a high-performing impact investor focused on addressing critical needs in growth markets, has made a strategic investment in Vastpoint to help scale its efforts in transforming land use, ownership and management in some of the world’s most vulnerable regions.
A consortium of investors, including RDF Ghana, Sahel Capital, and ABSA Bank, have investen over $1m in Mariseth Farms, a lwomen-owned agribusiness in Ghana.
Mediterrania Capital Partners, a Private Equity firm focused on growth investments for small and medium-sized enterprises (SMEs) and mid-cap companies across North and Sub-Saharan Africa, has announced the final close of its fourth fund, Mediterrania Capital IV Mid Cap (MC IV), at €600m.
Nedbank Corporate and Investment Banking (Nedbank CIB), an African banking partner to corporates and institutions across the continent, has extended its sustainable finance offering to Senegal with the closure of a €19.4m sustainability-linked development and term loan for Kasada, an independent real estate private equity platform dedicated to the hospitality sector in Africa.
Incofin Investment Management, a global impact asset manager, has announced the final close of the Water Access Acceleration Fund (W2AF) at approximately €61m in committed capital, exceeding its original target of €50m.
The Emerging Africa & Asia Infrastructure Fund (EAAIF), a Private Infrastructure Development Group (PIDG) company managed by Ninety One, has successfully raised $325m in new debt facilities, bringing recent commitments to $620m and exceeding the Fund's $500m target ahead of schedule.
The majority of Limited Partners (LPs) (71%) cite a weak exit climate and unpredictable exit windows as the biggest challenges to investing in Africa, according to the latest Deals to Dollars: Navigating Successful Private Equity Exits in Africa publication by Boston Consulting Group (BCG).
