Ethos, a South African private equity investor, has sold its entire stake in a niche technology company, CQS Investment Holdings (CQS) to JSE-listed Adapt IT, an information technology services and specialised solutions provider, for R216.81m.
Old Mutual Property (OMP), a division of Old Mutual, has invested KES6.4bn ($62.5m) in Two Rivers Lifestyle Centre (TRLC), the holding company for the Two Rivers Mall in Kenya.
Ethos Private Equity has acquired a 65% stake in The Eazi Group, Africa's market leader in the rental, sale and servicing of work-at-height and material handling solutions, in a deal valued at R1.6bn.
The West Africa Emerging Markets Growth Fund (WAEMGF), managed by PCM Capital Partners, has invested in First Atlantic Bank Ghana, a full-scale commercial bank with over 20 years’ experience in the Ghanaian banking industry.
Prudential Financial, a financial services company with more than $1trn of assets under management, and LeapFrog Investments have launched a $350m investment partnership to access high-growth markets in Africa.
Kibo Capital Partners, a provider of growth capital in East Africa, Southern Africa and the Indian Ocean islands, has announced the second close of its Kibo Fund II.
The assumptions that are used in incorporating alternative investments into enterprise risk analysis can have important consequences for the perceived risk within investors’ portfolios, according to a white paper from BNY Mellon.
Old Mutual Private Equity (OMPE), a division within Old Mutual Alternative Investments, has acquired a significant minority stake in In2food, a South African convenience food manufacturing business.
54 Capital, an Africa focused private equity firm, has invested $42m into Addis Pharmaceutical Factory (APF), Ethiopia’s leading pharmaceutical manufacturer.
The Abraaj Group has acquired through its second generation North Africa Fund (ANAF II), a stake in Société d’Articles Hygiéniques (SAH), a leading producer of disposable household and personal care products for babies, women and adults in Tunisia.
Mediterrania Capital Partners, a private equity firm focusing in growth investments for SMEs in North Africa and Sub-Saharan countries, has fully exited its investment in CEPRO (Cellulose Processing), a manufacturer and distributor of baby diapers and feminine sanitary pads in Algeria.
Vantage Capital, Africa’s predominant mezzanine fund manager with approximately R8bn ($478m) of assets under management, has fully exited its investment in TrenStar, one of Southern Africa’s leading returnable packaging companies.
The Abraaj Group has acquired through its second generation North Africa Fund (ANAF II), a significant minority stake in Cellulose Processing (CEPRO), a leading manufacturer and distributor of baby diapers and feminine sanitary pads in Algeria.
I&P; Afrique Entrepreneurs (IPAE), an impact fund dedicated to small and medium enterprises based in Sub-Saharan Africa, has acquired 48% of the capital in Tincy Boulangerie, a bakery based in Benin.
