The Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) company, has committed up to XOF 30bn ($48m) to launch West Africa’s first ever social asset-backed security.
Sanlam Private Equity, the private equity division of Sanlam Investments, has sold its majority stake in a pet care retailer Absolute Pets to Woolworths Holdings.
Inspired Evolution’s Evolution III Fund, in partnership with Dutch Development Bank FMO and STOA Infra and Energy, has successfully closed the 75% acquisition of the Red Rocket Group.
Exeo Capital’s Agri-Vie II Fund has invested $10m in Amos Dairies, a Ugandan dairy production firm.
BluePeak Private Capital (BluePeak) has reached final closing at $156m for its inaugural private capital fund, BluePeak Private Capital Fund SCSp.
Verod Capital and AfricInvest have acquired a majority stake in iSON Xperiences, an ICT solutions provider across Africa, the United Arab Emirates, and India.
The Fund for Export Development in Africa (FEDA), Afreximbank’s impact investment subsidiary, has invested in Cabinda Oil Refinery, an integrated modular oil refining platform in Angola being developed by Gemcorp in Joint Venture with Sonangol.
Oasis Capital Ghana, an SME growth equity investor in West Africa, has announced the successful exit of its holdings in Legacy Girls College (LGC), aan educational institution based in Ghana catering exclusively to female students.
Alitheia IDF, the first dedicated gender focused investing Private Equity Fund in Africa, has invested $5m in a South African woman-owned textile company, IVILI Group.
Mediterrania Capital Partners, a private equity firm focused on growth investments for SMEs and mid-cap companies in North Africa and Sub-Saharan countries, has invested €57m in Moroccan financial services provider CASH PLUS together with FMO, the Dutch entrepreneurial development bank, and IFC, a member of the World Bank Group.
Harith General Partners, a Pan-African investor and developer of infrastructure projects across the continent, has agreed to acquire a significant stake (46%) in Mergence Investment Managers, an institutional fund manager with a strong 19-year track record and capability across both Private and Public markets within SADC.
Adenia Partners, a private markets investment firm committed to responsible investing and a sustainable Africa, has completed a majority investment in Enfin, a solar financing solutions provider serving commercial and industrial clients across South Africa.
Sanari Capital, a women-led and majority Black- and women-owned South African private equity firm, has raised R1.25bn (approximately $65m) at the second close for its Sanari 3S Growth Fund, as the firm edges closer to its goal of reaching a final close equivalent of up to $100m.
Secha Capital has announced a first close of its second fund, with R300m in investments from blue-chip investors RMB - Rand Merchant Bank Ventures, 27four Investment Managers, SA SME Fund and Caleo Capital.
