21 Oct
News > Private Equity > PE Industry News
Metier Sustainable Capital, a private equity fund focused on clean infrastructure investments across Africa, managed by Metier, and FMO, the Dutch entrepreneurial development bank, have established and funded Africa REN Energy, a newly formed investment holding dedicated to support African infrastructure projects.
15 Oct
News > Private Equity > Deals
UK-based LocalGlobe has led a $1.4m seed round into Eden Life, Africa’s first home services app for scheduling food, laundry and cleaning services.
15 Oct
News > Private Equity > Fundraising
African Infrastructure Investment Managers (AIIM) has completed a capital increase of ZAR5.5bn (c.$370m) for its flagship SADC infrastructure fund, the IDEAS Managed Fund (IDEAS).
15 Oct
News > Private Equity > Deals
Inspired Evolution via its Evolution II Fund has led a $15m financing round in d.light, a leading innovator of solar, lighting and sustainable products.
14 Oct
News > Private Equity > Deals
Leadway Assurance, Trium Networks and a number of Nigerian HNIs have participated in an oversubscribed seed round of $3.1m (N1.3bn) into Sparkle, a mobile-first digital bank that provides financial, lifestyle and business support services to Nigerians across the globe.
13 Oct
News > Private Equity > Fundraising
Summit Africa has announced the final close for its impact-focused private equity fund, Summit Private Equity Fund I (SPEF I), with total commitments of R1.6bn ($115m, exceeding its initial target.
13 Oct
News > Private Equity > Deals
Adenia Partners has acquired a majority stake in Altilands, the parent company of Red Lands Roses, a grower of premium fresh-cut roses in Kenya.
12 Oct
News > Private Equity > Deals
Egypt-based Fawry and wider consortium of Western venture capital firms have invested $5m in alsoug, the largest digital classifieds and marketplace in Sudan.
11 Oct
News > Private Equity > Fundraising
Africa50 has launched Africa50 Infrastructure Acceleration Fund, a new Fund aimed at catalyzing further investment flows into African infrastructure.
11 Oct
News > Private Equity > Deals
The Futuregrowth Community Property Fund (Comprop) has acquired two prime shopping centres, King Senzangakhona Shopping Centre and Murchison Mall, from two listed REITs.
5 Oct
News > Private Equity > Deals
One Thousand & One Voices (1K1V) has announced a R200m (approximately $13.5m) investment in a minority stake in Digital Ecosystems (DigiCo), an investment holding company that provides integrated technology services to the telecommunications sector, as well as various SaaS platforms.
5 Oct
News > Private Equity > Fundraising
African Development Partners III Fund (ADP III), managed by Development Partners International (DPI), has exceeded its $800m target, and is set to hold a final close at $900m, with an additional $250m of dedicated co-investment capital.
3 Oct
News > Private Equity > Exits
Development Partners International (DPI) has sold its 31% stake in Food Concepts, a Quick Service Restaurant (QSR) operator in West Africa, to African Capital Alliance (ACA).
3 Oct
News > Private Equity > Deals
ARPF, a Mauritian private equity fund advised by London-based ARCH Emerging Markets Partners, has provided $2.5 in convertible note financing to Sun Exchange, a crowd-based global solar leasing platform
