2 Aug
News > Private Equity > Deals
Qatar Holding, an affiliate of the Qatar Investment Authority (QIA), has agreed to $200m in Airtel Mobile Commerce BV (AMC BV), a subsidiary of Airtel Africa. AMC BV is the holding company for several of Airtel Africa’s mobile money operations; and ultimately is intended to own and operate the mobile money businesses across all of Airtel Africa’s fourteen operating countries.
19 Jul
News > Private Equity > Deals
Mediterrania Capital Partners has invested through its fund MC III, in Dislog Industries, one of the largest FMCG manufacturers in Morocco.
15 Jul
News > Private Equity > PE Industry News
Alterra Capital Partners, an Africa-focused private equity firm that spun out of Carlyle in 2020, has been joined by Bryce Fort and Paul Maasdorp, Partners at Emerging Capital Partners (ECP), to launch a new African investment vehicle.
13 Jul
News > Private Equity > Deals
Investisseurs & Partenaires (I&P) has led a $7.9m Series A.0 fund raise in Zeepay. a Ghanaian fintech company.
12 Jul
News > Private Equity > Fundraising
Vantage Capital, Africa’s largest mezzanine fund manager, has announced the successful first close on its fourth mezzanine fund at $207m.
2 Jul
News > Private Equity > PE Industry News
Rwanda Finance (RF) and the East Africa Venture Capital Association (EAVCA) have partnered to enable private investment in Africa through their respective mandates.
1 Jul
News > Private Equity > Deals
African Development Partners II (ADP II), a fund advised by Development Partners International (DPI), and AfricInvest have announced the completion of Compagnie Marocaine de Goutte à Goutte et de Pompage’s (CMGP) merger with Comptoir Agricole du Souss (CAS), creating a new champion in Moroccan and African agriculture, which will be known as CMGP-CAS.
30 Jun
News > Private Equity > Exits
Injaro Agricultural Capital Holdings (IACH), an impact investment fund managed by Injaro Investments, has sold its 30% stake in seed producer M&B Seeds and Agricultural Services Ghana (M&B) to the founder and other shareholders.
30 Jun
News > Private Equity > Deals
Tana Africa Capital has invested through its second fund Tana Africa Capital II (TAC II) in Kensington Distillers & Vintners (KDV), a fast-growing alcoholic beverage manufacturing and distribution business with operations in South Africa, Kenya and Nigeria.
29 Jun
News > Private Equity > Deals
African Infrastructure Investment Managers (AIIM), Adenia Partners and IFC have partnered to invest $130m to support Eastcastle Infrastructure (Eastcastle), a company specializing in Africa’s telecoms tower sector.
23 Jun
News > Private Equity > Deals
Adenia Partners has acquired a majority stake in Herholdt’s, a distributor of low-voltage electrical products and solar products in South Africa.
18 Jun
News > Private Equity > Fundraising
The Africa Renewable Energy Fund II (AREF II) has achieved its first close at €125m, following a joint investment of €17.5m from The Sustainable Energy Fund for Africa and the Climate Technology Fund through the African Development Bank.
17 Jun
News > Private Equity > Deals
Gemcorp Group, an emerging markets investment, commodities and energy group, has completed a management buyout from its seed investor.
15 Jun
News > Private Equity > Deals
Gemcorp Capital has led a $105m financing for Africell, a fast-growing pan-African mobile network operator.
