14 Apr
News > Private Equity > PE Industry News
Business Partners Limited has launched Business Partners International (BPI) Uganda, a specialist risk finance company that provides customized financial solutions, sectoral knowledge, mentorship, and other added-value services for formal small and medium enterprises (SMEs) across Africa, and opened an office in Kampala, Uganda.
14 Apr
News > Private Equity > Deals
IFC Asset Management Company (AMC) and IFC, a member of the World Bank Group, have invested $107m in Net1 UEPS Technologies, an innovative payment solutions and transaction processing services in Sub-Saharan Africa.
14 Apr
News > Private Equity > PE Industry News
New York based RueOne Investments has announced its plans to launch the first marketplace providing investors direct access to a curated selection of alternative assets that are sourced, structured, and managed by industry leading asset managers.
13 Apr
News > Private Equity > Deals
Vantage Capital, Africa’s largest mezzanine fund manager, has provided $20m (R294m) of funding to Landmark Africa, a property developer in Nigeria.
11 Apr
News > Private Equity > Deals
Equator Capital Partners through its ShoreCap II Fund, and Progression Capital Africa via its Progression Eastern African Microfinance Equity Fund, have invested KES1.2bn ($11.87m) in Jamii Bora Bank, a commercial bank in Kenya.
11 Apr
News > Private Equity > PE Industry News
Investors remain confident about the future of the hospitality industry in Africa, according to Trevor Ward, W Hospitality Group Managing Director.
11 Apr
News > Private Equity > Deals
Mediterrania Capital Partners and the Capital Trust Group have acquired minority stakes in BS Invest in Tunisia, CAP Retail in Morocco, and Investex Algérie in Algeria.
7 Apr
News > Private Equity > Exits
Fusion Capital has successfully exited its residential development in Athi River, Machakos County, realizing 2x return for investors.
5 Apr
News > Private Equity > Deals
Orange, a telecommunication operator, has announced a €75m equity investment in Africa Internet Group, the largest e-commerce platform in Africa and parent company of Jumia.
4 Apr
News > Private Equity > Deals
Mediterrania Capital Partners, a private equity firm focusing on growth investments for SMEs in North Africa and Sub-Saharan countries, has acquired a 43% stake in Cieptal Cars, a car rental business in Algeria.
2 Apr
News > Private Equity > Fundraising
Purple Capital Partners, a Nigerian investment firm specialising in real estate and financial services, is planing to raise $50m in 2016 for two parallel funds focused on retail properties or mixed use properties involving retail, in the Lagos urban area.
31 Mar
News > Private Equity > Deals
California-based venture capital firm Andreessen Horowitz alongside seed investors Khosla Impact and Formation 8 have injected $9.6m in Kenya’s mobile-based financial services company Branch.
30 Mar
News > Private Equity > Deals
AfricInvest, a pan-African mid-cap-focused private equity firm, has announced that its Maghreb Private Equity Fund III has invested in Outsourcia Group, a Moroccan contact center and business process outsourcing (BPO) provider.
24 Mar
News > Private Equity > Fundraising
Investisseurs & Partenaires (I&P;) has launched Teranga Capital, an equity impact investment fund dedicated to promising small growing businesses and start-ups in Senegal, with financing needs comprised between 75,000 and 300,000 euros.