13 Oct
News > Private Equity > Deals
Evolution III Fund, Inspired Evolution’s dedicated next-generation energy transition fund, has signed transaction agreements committing $20m to Cold Solutions East Africa Holdings Limited (CSEAHL), a temperature-controlled warehousing and logistics platform operating across Kenya, Uganda, Rwanda, and Tanzania.
8 Oct
News > Private Equity > Exits
Verod, a West African private equity firm, has announced its successful exit from pensions fund administrator, Tangerine APT Pensions, to Verod’s minority partner, APT Securities and Funds.
8 Oct
News > Private Equity > Fundraising
Accion has announced the final close of a $61.6m fund that will invest in early-stage fintech companies meeting the needs of financially underserved people globally.
18 Sep
News > Private Equity > Deals
Enabling Qapital, a Swiss-based impact asset manager, has invested $1.5m in Premier Credit Uganda, a subsidiary of The Platcorp Group, marking a major step on its mission to expand financial inclusion.
15 Sep
News > Private Equity > Deals
Kredete, a fintech company focused on helping African immigrants build credit and access financial services, has raised a $22m Series A funding round led by AfricInvest via their Cathay AfricInvest Innovation Fund (CAIF) and Financial Inclusion Vehicle (FIVE) and Partech, with participation from Polymorphic Capital.
22 Aug
News > Private Equity > Fundraising
FCMB Asset Management (FCMBAM) and TLG Capital have announced the full deployment of the oversubscribed ₦100 bn FCMB–TLG Private Debt Fund Series 1.
19 Aug
News > Private Equity > PE Industry News
African Infrastructure Investment Managers (AIIM), through its IDEAS Fund, and Motseng Investment Holdings, have announced the formation of Motseng Ideas Infrastructure Group (MIIG).
18 Aug
News > Private Equity > Fundraising
Alliance for Green Infrastructure in Africa Project Development Fund (AGIA-PD), a fund managed by Africa50, has announced the first close at $118m, marking a major milestone in accelerating the delivery of green infrastructure across the continent.
18 Aug
News > Private Equity > Deals
Bosquet Investments, the private investment vehicle of Alain Nkontchou, has acquired a 21.22% stake in Ecobank Transnational Incorporated (ETI) from Nedbank Group. This transaction remains subject to regulatory approvals.
13 Aug
News > Private Equity > Deals
Creation Capital, a specialist private credit asset manager, has closed a R75m private debt investment into Quest Capital Solutions, an SME non-bank on-lender in the logistics sector.
1 Aug
News > Private Equity > Deals
Mediterrania Capital Partners (MCP), a private equity firm focused on growth investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, has invested in Dislog Dispositifs Médicaux (DDM) through a DM540 million capital increase together with CDG Invest Growth.
31 Jul
News > Private Equity > Fundraising
Cape Town-headquartered venture capital firm HAVAÍC has announced the second close of its $50m African Innovation Fund 3.
30 Jul
News > Private Equity > Deals
Mergence Investment Managers has announced an additional R60m investment in Solarise Africa, a sustainable energy solutions company operating across the continent.
29 Jul
News > Private Equity > Exits
LeapFrog Investments has exited its stake from Goodlife Pharmacy, East Africa’s largest retail pharmacy platform, to CFAO Healthcare, a leading distributor of pharmaceutical and medical products in Africa.