15 Jun
News > Private Equity > Deals
African Infrastructure Investment Managers (AIIM) along with a consortium comprising South African Housing & Infrastructure Fund (SAHIF), through its Digital Infrastructure Consortium platform and STOA, a foreign investment vehicle based in France, have agreed to acquire a 25.8% interest in MetroFibre Networx (MFN) held by Sanlam Private Equity, African Rainbow Capital and a minority shareholder.
9 Jun
News > Private Equity > Deals
Wuri Ventures, a Pan-African venture capital fund, and Capria Ventures, have invested $1.5m in South African mobility data start-up WhereIsMyTransport.
8 Jun
News > Private Equity > Exits
SPE Capital Partners has exited its investment in H&S Invest Holding, which operates Morocco-based logistics company Dislog Group, via a sale back to the Belkhayat family.
8 Jun
News > Private Equity > Deals
Trustbridge has lead a Series A+ financing round in Speedaf express, a China-Africa integrated logistics service provider.
7 Jun
News > Private Equity > Deals
OP Finnfund Global Impact Fund I, the first global emerging markets impact fund in Finland, has invested $5m in EthioChicken, an Ethiopian poultry company.
7 Jun
News > Private Equity > PE Industry News
On June 1, 2021, the Competition Commission had formally blocked the process of Pan-African PE firm Emerging Capital Partners (ECP) from purchasing fast-food chain Burger King South Africa and Grand Foods Meat Plant.
2 Jun
News > Private Equity > Deals
Vantage Capital, Africa’s largest mezzanine fund manager, has provided $23m of mezzanine debt funding to PickAlbatros Hotels, a hotel owner and operator in Egypt.
31 May
News > Private Equity > Deals
Helios Fairfax Partners (HFP) has led the formation investment round in a newly formed entity called NBA Africa, including the Basketball Africa League (BAL) – a partnership between the NBA and the International Basketball Federation (FIBA) and the NBA’s first collaboration to operate a league outside of North America.
28 May
News > Private Equity > Exits
FNZ, a global wealth management platform, has acquired South African third-party administration firm Silica from Ninety One, following receipt of the necessary regulatory approvals.
27 May
News > Private Equity > Deals
Kasada Capital Management has acquired the 414-key Safari Hotels and Conference Centre in Windhoek, Namibia.
27 May
News > Private Equity > Deals
The Vumela Fund, established by FNB Business and Edge Growth, has invested an undisclosed amount in Rand Pharmaceutical Distributors (Rand Pharm), a pharmaceutical distributor in South Africa.
20 May
News > Private Equity > Fundraising
Sanlam Investments, South Africa's largest black-owned asset manager, is looking to raise an additional R35bn for its range of impact funds.
20 May
News > Private Equity > PE Industry News
Transformation Investment Portfolio (TIP) One has partnered with SDG Global Group to set up funds for investing in Africa, and to raise funds from international investors for impact projects in Africa.
18 May
News > Private Equity > Fundraising
Ascent has announced the first rolling close of its Ascent Rift Valley Fund II (ARVF II) at more than $100m, significantly exceeding its initial target of $80m.
