InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), has subscribed to the Acorn Holdings Real Estate Investment Trust (REIT) committing to support the delivery of affordable student accommodation in Nairobi.
Apis Partners via its Apis Growth Fund II and JG Summit Holdings, one of the largest and renowned conglomerates in the Philippines owned by the Gokongwei family, have invested R1.6bn in South Africa’s TymeBank.
Sanlam Private Equity (SPE) has acquired a majority stake in the Cavalier Group of Companies, a supplier of premium red meat products and the largest employer in the Cullinan region of Gauteng, South Africa for an undisclosed amount.
Metier, through its second Sustainable Capital Fund, has made a substantial investment into Energy Vision, to grow the provision of reliable, clean-energy, cost-effective and environmentally friendly solutions to powering telecom equipment for mobile network operators and telecom tower companies.
Adjuvant Capital has announced an oversubscribed $300m Global Health Technology Fund, focused on accelerating the development of medical innovations for historically overlooked public health challenges.
The Emerging Africa Infrastructure Fund (EAIF) has committed to buy up to $50m of a bond issue by Liquid Telecommunications, that is being launched on February 22, 2020.
African Alliance Asset Management, has joined forces with Tshikululu Social Investments, a social investment manager and advisor, to offer global investors Thrive Africa, a unique Impact Investment offering for Africa.
The economic, social and commercial prospects for investing in the African technology sector looks promising, especially as the acceleration of technology adoption continues, according to Ian Lessem, Managing Partner at HAVAÍC.
Janus Continental Group (JCG), a conglomerate with businesses in the Energy, Hospitality and Real Estate sectors across three continents, has invested $13m in Highview Enterprises, a developer of liquid air long-duration energy storage systems, called the CRYOBatter.
Phatisa Food Fund 2 (PFF 2) has reached a $143m final close following an $82m joint commitment from a a group of development finance institutions (DFIs) – CDC Group, Norfund, Finnfund, FinDev Canada and BIO.
After ten years supporting Orange’s growth on the Malagasy market, a consortium of minority investors led by Terra Mauricia and Kibo Fund divested in January 2021 its 16% stake in Orange Madagascar.
Amethis has acquired a minority stake in Nouvelle Minoterie Africaine (NMA), a leading FMCG company in Senegal, which produces and distributes poultry and livestock feed, pasta and wheat flour.
In 2020, Africa recorded its highest level of project financing in a decade in terms of investment value with 28 deals, totalling $30.07bn, reaching financial close, according to Linklaters.
Futuregrowth Development Equity Fund has acquired a significant stake in Thebe Tourism Group, alongside its senior management.
