Amadeus Capital Partners, a global technology investor, in partnership with MTN, a multinational telecommunications group, have invested $40m in Travelstart, an online travel agency in Africa.
Investisseurs & Partenaires (I&P;) has launched Sinergi Burkina, a new fund dedicated to small growing businesses and start-ups in Burkina Faso, as part of the IPDEV2 project.
Helios Investment Partners has partially exited its stake in Equity Group Holdings, Kenya’s banking group, to the Norwegian Investment Fund for Developing Countries (Norfund) and NorFinance, a joint venture investment company between Norfund and Norwegian private investors.
AXA, a French multinational insurance and asset management group, has announced a €75m investment in Africa Internet Group (AIG), an e-commerce group in Africa, for an 8% stake of the company’s capital.
Malaik, an impact focused equity crowdinvesting platform, has launched a call for applications to African entrepreneurs with impact focused businesses.
The Tunisian Consignment and Deposit Fund (Caisse des Dépôts et Consignations, CDC) and Bpifrance, a French public investment bank, are set to launch a €20m French-Tunisian private equity fund on February 5 in Tunis.
XSML, a private equity fund manager active in Central Africa, has announced the first close of its African Rivers Fund at $45m, attracting a number of leading institutional investors.
West Africa continues to lead in share of private equity (PE) investments by region with a 25% share of deals between 2010 and 2015, a new report from the African Private Equity and Venture Capital Association (AVCA) has revealed.
French media giant Canal+, together with existing investor Kinnevik AB, have invested $19m in Nigerian tech and entertainment company, iROKO.
Broadreach Private Equity alongside Grindrod Financial Services have acquired an equity stake in FS-Systems, an African systems integrator providing end-to-end fire & electronic security solutions.
Medu Capital, a South African private equity firm, is planning to close two investments via its third fund, according to Siyabonga Nhlumayo, Principal, responsible for investment execution and management.
Amaya Capital and Azura Power Holdings have reached financial close for the 450MW Azura-Edo Independent Power Project (IPP) in Edo State, Nigeria.
LeapFrog Investments, a specialist investor in emerging markets has acquired a majority stake in UT Life Insurance Company, one of the key players in the life insurance sector in Ghana.
Verod Capital, a private equity manager based in Nigeria, has held the final closing of its Verod Capital Growth Fund II at $115m, exceeding its original target of $100m.
