LCP Fund II (LCP), managed by Lorax Capital Partners, has acquired a significant minority stake in DSQ Group, one of the leading end-to-end loyalty and rewards solutions providers in the CEMEA region.
Criterion Africa Partners (CAP), a private equity firm investing in the forestry sector in Sub-Saharan Africa, has announced that its portfolio company Global Woods has completed the sale of its Uganda timber plantation to Nile Fibreboard (NFB), a local strategic buyer.
Edge Growth through its Coca-Cola Beverages South Africa (CCBSA) Fund has invested an undisclosed amount in Bashumi Instruments & Control Services (BICS), a South African 100% black Female owned company.
AfricInvest, a Pan-African mid-cap-focused private equity firm, has acquired a minority stake in Fidelity Bank Ghana.
A.P. Moller Capital has through the Africa Infrastructure Fund 1 has acquitred a 49% shareholding in Casablanca-based grain terminal operator Mass Céréales al Maghreb (MCM).
African Infrastructure Investment Managers (AIIM), one of Africa’s largest infrastructure-focused private equity fund managers, has successfully completed a capital increase of $80m for its flagship pan-African infrastructure fund, AIIF3.
FMO through its Ventures Program has signed an €500k convertible note to ZIZ Energie (ZIZ), a privately-owned integrated power company in Chad.
The Emerging Africa Infrastructure Fund (EAIF) has lent $31m over 10 years to Access LNG, a provider of specialist floating LNG infrastructure, to support the construction of a new Liquid Natural Gas (LNG) storage and regasification facility at Tema port in Ghana.
Tuninvest Sicar, a multi-sector fund managed by Africinvest Group, has sold its 30% stake in Hydrosol Fondations, a Tunisian geotechnical and foundation engineering company, to Ginger Group.
Development Partners International (DPI)’s backed Compagnie Marocaine de Goutte à Goutte et de Pompage (CMGP) has combined with Comptoir Agricole de Souss (CAS), creating a major new player in the Moroccan and African agricultural industry.
Africa Capital Alliance (ACA) via its Capital Alliance Private Equity IV (CAPE IV) fund, has agreed to invest $20m in Accelerex.
InfraCo Africa, EkoRent Oy and EkoRent Africa (subsidiary of EkoRent Oy) have signed a Shareholders Agreement, investing €1m to enable EkoRent Africa to scale up its NopeaRide electric mobility initiative in Nairobi.
African Infrastructure Investment Managers (AIIM) has acquired a minority equity stake in MetroFibre Networx, a South African open access fibre network operator, through the newly incorporated Digital Infrastructure Investment Holdings platform.
CrossBoundary Energy (CBE ), a direct investment arm of CrossBoundary that finances solar projects in Africa, has exited of its first fund at a 15% net IRR to investors.
