22 Jun
News > Private Equity > PE Industry News
Denham Capital, a global energy-focused private equity firm, and GreenWish Partners, a renewable energy investment company dedicated to sub-Saharan Africa, have partnered to develop, build and finance a portfolio of 600 megawatts (MW) of renewable energy assets across sub-Saharan Africa by 2020.
21 Jun
News > Private Equity > Deals
InfraMed, a €385m long-term investment vehicle dedicated to infrastructure, has agreed to acquire a 21% stake in ‘Broadband for Africa’, the venture set up by Eutelsat Communications to provide satellite broadband services on the African continent.
20 Jun
News > Private Equity > Deals
Accel Partners, an early and growth-stage venture capital firm, powering a global community of entrepreneurs, has led a $1.7m seed financing round for Instabug, Egypt-based provider of software bug reporting tools.
17 Jun
News > Private Equity > Deals
InVenfin, a venture capital arm of Remgro Group, has acquired a stake in De Villiers Artisan Chocolate (DV Chocolate), a South African bean-to-bar artisan chocolate maker.
17 Jun
News > Private Equity > Exits
South African private equity firm Ethos has announced a divestment from Brandcorp Holdings, a distributor of industrial and consumer products, to the Bidvest Group.
15 Jun
News > Private Equity > Fundraising
Pecora Capital, a US based global macro investment management firm, has announced its intentions to raise $2bn over the next 18 months for Nigerian infrastructure projects.
15 Jun
News > Private Equity > PE Industry News
Despite the challenges that currently face South Africa, the private equity and venture capital industry remains confident in the depth and breadth of skill in the local investment industry, according to Erika van der Merwe, CEO of the Southern African Venture Capital and Private Equity Association (SAVCA).
14 Jun
News > Private Equity > Fundraising
NBK Capital Partners has held a first close for NBK Capital Partners Mezzanine Fund II at $110m, driven by strong demand from institutional investors and family offices.
13 Jun
News > Private Equity > Deals
Helios Investment Partners has announced the acquisition of a 60% shareholding in Telkom Kenya by Jamhuri Holdings Limited (JHL), a company owned 100% by HeIios Investors III, a fund advised by Helios Investment Partners.
13 Jun
News > Private Equity > PE Industry News
Hotel markets in Cairo and Cape Town have experienced strong performances over the past five years, according to figures from data and analytics specialist STR. Despite political turmoil, Cairo is starting to recover and the compound of annual growth rate (CAGR) for revenue per available room (RevPAR) was up 14.9% for the 2011 to 2015 time period.
13 Jun
News > Private Equity > Fundraising
South African venture capital firm 4Di Capital has announced the first closing of R256m ($16.96m) in initial commitments for a new technology venture capital fund.
10 Jun
News > Private Equity > Fundraising
Algebra Ventures, a Egyptian venture capital firm, has raised $40m of its $50m target for the Algebra Capital, a tech-focused venture capital fund.
8 Jun
News > Private Equity > Deals
Mergence Investment Managers, an independent majority black-owned boutique asset management company, has made its first investment into the South African social housing sector.
7 Jun
News > Private Equity > Deals
Mediterrania Capital Partners has announced the acquisition through its second fund, Mediterrania Capital II, of a stake in MedTech Group, Morocco’s IT business system integrator incorporating solutions from corporations such as Oracle, Microsoft, NCR, Alcatel-Lucent, Cisco, EMC and IBM.