31 Oct
News > Private Equity > Exits
Phatisa, through Phatisa Food Fund 2, Masimong through Masimong Chemicals and Sabvest through Sabvest Finance and Guarantee Corporation have agreed to sell their collective 100% interest in Rolfes Holdings, a South African based food ingredients and diversified chemicals provider to Solevo. a pan-African speciality chemicals distributor.
31 Oct
News > Private Equity > Fundraising
Pan-African venture capital firm Janngo Capital, one of the very few female-founded, owned and led venture capital firms in Africa, has announced the final closing of its second fund at $78m, 20% beyond its initial target.
29 Oct
News > Private Equity > Deals
Development Partners International’s African Development Partners (ADP) III fund, has led a $110m Series C investment in Moniepoint, Africa’s fastest-growing fintech company.
24 Oct
News > Private Equity > Deals
BasiGo, a provider of electric bus solutions in sub-Saharan Africa, has announced the successful closing of a $42m in new capital.
22 Oct
News > Private Equity > Deals
Kalon Venture Partners has invested an undisclosed sum in visionAI, a leader in artificial intelligence and computer vision solutions.
21 Oct
News > Private Equity > Fundraising
The SA SME Fund, the Department of Science and Innovation (DSI), along with its entity, the Technology Innovation Agency (TIA), and impact investor E Squared Investments have launched a R300m Seed Fund of Funds aimed at providing critical early-stage capital to startups.
17 Oct
News > Private Equity > Deals
Vantage Capital, Africa’s largest mezzanine fund manager, has closed a €66m mezzanine investment in Camusat Holding, a telecommunications company.
16 Oct
News > Private Equity > Exits
The EuroMena Funds has exited two portfolio companies: a pharmaceutical firm in Algeria and a retail holding in Morocco.
14 Oct
News > Private Equity > Deals
Kineden Commodities, one of the largest Ivorian sustainable cocoa traders, has secured nearly €60m from a pool of international banks to cover part of its financing needs for the next three cocoa seasons.
9 Oct
News > Private Equity > Deals
General Atlantic, a global growth investor, has completed its acquisition of Actis, a global investor in sustainable infrastructure.
6 Oct
News > Private Equity > Deals
African Export-Import Bank (Afreximbank) has approved a $20.8m financing facility for Nigeria-based Starlink Global & Ideal to enable the company construct and operate a 30,000-metric tonne per annum cashew processing factory in Lagos.
25 Sep
News > Private Equity > Deals
Prosper Africa, a U.S. Presidential national security initiative aimed at strengthening the strategic and economic partnership between the U.S. and Africa, has committed $5m to ImpactA Global, a women-led Emerging Markets infrastructure debt investor.
25 Sep
News > Private Equity > Deals
AXIAN Group, through its subsidiary AXIAN Investment, has acquired a stake in WiASSUR, an insurance broker based in Côte d'Ivoire.
23 Sep
News > Private Equity > Deals
Vantage Capital, Africa’s largest mezzanine fund manager, has closed a €14m mezzanine investment in Société de Production Maraîchère Samir (SPMS) to part-fund the company’s investment programme.
