Vital Capital has approved two new loans from its Vital Impact Relief Facility (VIRF) to Sollatek, a leading manufacturer of solar and voltage control products, and Privamnuts, a macadamia nut processor and exporter that is leading the modernization of the macadamia industry in Kenya.
EXEO Capital has announced the exit of its Food and Agribusiness fund, Agri-Vie Fund I, from Cape Olive Holdings, one of the largest table olive suppliers in South Africa.
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.
Wuri Ventures, a Pan-African venture capital fund, and Capria Ventures, have invested $1.5m in South African mobility data start-up WhereIsMyTransport.
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.
Trustbridge has lead a Series A+ financing round in Speedaf express, a China-Africa integrated logistics service provider.
OP Finnfund Global Impact Fund I, the first global emerging markets impact fund in Finland, has invested $5m in EthioChicken, an Ethiopian poultry company.
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.
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.
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.
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.
Kasada Capital Management has acquired the 414-key Safari Hotels and Conference Centre in Windhoek, Namibia.
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.
Sanlam Investments, South Africa's largest black-owned asset manager, is looking to raise an additional R35bn for its range of impact funds.
