Vantage Capital has made a $28m equity investment to acquire a significant minority shareholding in the Cliniques Internationales du Maroc Group (CIM Santé Group), one of Morocco’s leading healthcare groups.
Goodwell Investments has led a $2.1m Series A equity round in Good Nature Agro, a Zambian company working from end-to-end within the specialised legume value chains.
DPI’s African Development Partners III Fund (ADP III) has been chosen as the first 2X Flagship Fund, committed to investing with a gender lens.
Zebu Investment Partners through its sophomore fund, the Africa Food Security Fund, has acquired a majority equity stake in South African Ag-Tech company IQ Logistica (IQL).
Vuna Partners Fund I, a fund managed by Vuna Partners, has acquired an 80% equity stake in 4PL Group, a South African provider of logistics solutions.
Ezdehar Management, an Egypt-based private equity firm, has acquired a minority stake in Al-Tayseer Healthcare Group through Ezdehar Egypt Mid-Cap Fund.
Endeavor Catalyst has announced the final closing of Fund III, a $134m venture capital fund through which it plans to continue to invest in Endeavor Entrepreneurs in emerging and underserved markets globally.
Helios Investment Partners has launched Africa Specialty Risk Group (ASR), a reinsurance business focused on becoming the partner of choice to corporations through the provision of risk mitigating insurance solutions.
PAPE Fund 3, a mid-cap South African private equity fund, has acquired a 45% of the equity in the DDS Group of companies, an African beverage dispensing and refrigeration services provider.
Mediterrania Capital Partners’ portfolio company Groupe Scolaire René Descartes (GSRD) has established a financial partnership with Banque Zitouna to support students’ families.
Proparco and existing investors, Energy Access Ventures (EAV) and EDFI ElectriFI, have invested $10m in a Series B investment round in Solarise Africa, a Pan-African energy leasing company,
Chinese fintech investor CreditEase Fintech Investment Fund (CEFIF), LeapFrog Investments and Allianz have invested $30m in BIMA, a provider of digital health and insurtech services in emerging markets.
Helios Investment Partners has led a $60m Series B financing round in Singapore-based fintech startup Thunes, which operates a global B2B cross-border payments network.
With the COVID-19 crisis hitting South Africa in March, the impact of the pandemic on the market and asset prices is evident in the first quarter performance for both public and private markets.
