27 Jan
News > Private Equity > Exits
Mediterrania Capital Partners, a private equity firm focused on growth investments for SMEs and mid-cap companies in North Africa and Sub-Saharan countries, has sold its remaining stake in Cash Plus, the largest independent money transfer company in Morocco, to a group of Moroccan family offices.
26 Jan
News > Private Equity > Deals
Resource Capital Fund VII (RCF VII) and Beedie Investments have provided a $35m convertible note facility with an interest rate of 8.5% to Orezone Gold Corporation to fully finance the construction of Bomboré Gold Project located in Burkina Faso, West Africa.
26 Jan
News > Private Equity > Fundraising
SPE Capital Partners has announced the final close of SPE AIF I, an Africa-focused private equity fund, at $258m, well above its initial hard cap of $200m.
22 Jan
News > Private Equity > Deals
Kasada Capital Management has announced the first transaction made through its debut fund, Kasada Hospitality Fund, acquiring a portfolio of Sub-Saharan African Hotels from AccorInvest.
21 Jan
News > Private Equity > Deals
Owl Ventures, the largest venture capital fund in the world focused on the education technology market with over $1.2bn in assets under management, has led a $7.5m Series A round in uLesson, a Nigerian technology platform.
21 Jan
News > Private Equity > Deals
Àrgentil Capital Management has announced an undisclosed equity investment in Sygen Pharmaceuticals, an indigenous pharmaceutical company in Nigeria.
17 Jan
News > Private Equity > Deals
Intel Capital, Africa Internet Ventures, a strategic partnership between TPG Growth and EchoVC, and the family offices of Ronald Lauder and Eric Zinterhofer, have invested $85m in a Series B funding in Gro Intelligence.
17 Jan
News > Private Equity > Deals
Inspired Evolution, Norfund and Sagecom have participated in a $35m equity investment to establish and finance ESCOTEL, an energy services company currently focused on Sub-Saharan Africa countries.
6 Jan
News > Private Equity > Deals
XSML, through its third fund under management, ARF III, has announced its fourth investment in Ecopharm, the pharmacy chain active in Uganda.
23 Dec
News > Private Equity > Deals
TLcom Capital, with participation from DOB Equity, Global Ventures and Chandaria Capital, has invested $3.75m in a Series A investment round in Ilara Health, a Kenyan healthtech start-up.
15 Dec
News > Private Equity > PE Industry News
GroFin, a specialist, impact-driven SME financier, has become a signatory of the Operating Principles for Impact Management led by IFC.
15 Dec
News > Private Equity > Deals
The SME Debt Fund, managed by Sanlam Investments, has recently announced a second close of a further R100m and committed R110m in debt relief capital to three South African businesses.
15 Dec
News > Private Equity > PE Industry News
Ethos Private Equity has announced an agreement with JSE and LSE-listed investment manager Ninety One, to take on an advisory contract for Ninety One’s Africa Private Equity funds, effective as at December 15, 2020.
15 Dec
News > Private Equity > Exits
TLG Capital has exited its investment in BAJ Stations Uganda, after nearly 4 years, at 30+% IRR in USD.
