7 May
News > Private Equity > PE Industry News
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).
5 May
News > Private Equity > Fundraising
IFC and TLG Capital have announced the first close of a new private credit fund, TLG Africa Growth Impact Fund II (AGIF II), with $75m raised.
29 Apr
News > Private Equity > PE Industry News
African private capital activity showed notable resilience in 2024, marked by increased participation from African LPs, continued reliance on proven sectors like Consumer Staples and Financials, and an increase in exit volumes, according to the AVCA's 2024 African Private Capital Activity Report.
28 Apr
News > Private Equity > Fundraising
Aruwa Capital Management, a Lagos based female founded and led early-stage growth equity and gender lens fund manager, has raised 90% towards its $40m target for its second fund, Aruwa Capital Fund II.
28 Apr
News > Private Equity > Exits
Mediterrania Capital Partners, a Private Equity firm focused on growth investments for SMEs and mid-cap companies in North Africa and Sub-Saharan Africa, is pleased to announce the successful full exit of its investment in Akdital through the MC III fund.
25 Apr
News > Private Equity > Deals
Mergence Investment Managers, an infrastructure investment firm, has acquired a controlling stake in strategic digital infrastructure assets located within the residential precincts of Waterfall City, Gauteng.
25 Apr
News > Private Equity > PE Industry News
AVCA – the African Private Capital Association – and the Private Equity and Venture Capital Association, Nigeria (PEVCA), have announced a strategic merger to strengthen Nigeria’s private capital ecosystem. The merger reflects a joint ambition to catalyse new investment opportunities and boost sub-regional and continent-wide growth.
23 Apr
News > Private Equity > Exits
Mediterrania Capital Partners (MCP), a Private Equity firm focused on growth investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, is pleased to announce its successful exit from Dislog, a market leader in the manufacture and distribution of key fast-moving consumer goods (FMCG) in Morocco.
16 Apr
News > Private Equity > Fundraising
Scalar International and Mergence Investment Managers have announced the launch of a $150 million private equity fund to finance clean energy and digital infrastructure in sub-Saharan Africa.
16 Apr
News > Private Equity > Fundraising
Inspired Evolution, a Pan-African private equity firm specializing in clean energy infrastructure, energy access and energy transition investments, has announced the final close of its Evolution III Fund on March 3, 2025, securing total commitments of $238m.
9 Apr
News > Private Equity > Deals
AfricInvest through their Cathay AfricInvest Innovation Fund (CAIF) has led a $4m investment round in PayTic with participation from Build Ventures, Axian Group, Mistral, Island Capital Partners, and Concrete.
8 Apr
News > Private Equity > Deals
Verdant Capital Hybrid Fund, managed by Verdant Capital, has completed an additional investment of $4.5m in LOLC Africa Singapore.
3 Apr
News > Private Equity > Deals
A consortium led by Actis, a global investor in sustainable infrastructure, has completed the acquisition of a 100% stake in Swiftnet, a telecom tower portfolio in South Africa, from Telkom for an enterprise value of c. $370m (R6.75bn).
3 Apr
News > Private Equity > Deals
Janngo Capital, with participation from SANAD Fund for MSMEs (managed by Finance in Motion), Partech, Oikocredit, Enza Capital and Y Combinator, have invested $17m in Djamo, a financial services app revolutionizing mobile banking in francophone Africa.
