Standard Bank Group, Africa’s largest bank, has led and arranged over $200m in sustainability-linked debt financing to M-KOPA, a leading fintech platform.
DOB Equity, Kua Ventures, Kaleo Ventures and NaiBAN have invested in a pre-seed funding round in Zydii, a Kenya-based digital training solutions provider.
The Futuregrowth Community Property Fund (Comprop) has acquired Sam Ntuli Mall, which brings the Comprop portfolio to 24 shopping centres, with a total gross lettable area of more than 420 000m2, valued in excess of R7.3 billion.
Mediterrania Capital Partners through its fund MC IV, alongside Germany’s development finance institution DEG, Proparco and FMO, has acquired an undisclosed stake in Laprophan, one of the leading pharmaceutical companies in Morocco.
The Abadali Equity Equivalent Investment Programme (EEIP), which is administered by Edge Growth, has invested in Oakantswe Construction and Projects, a 100% black female owned and managed electrical contracting firm.
Vantage Capital has fully exited its investment in Cap Tamarin, a smart city development located in the town of Tamarin on the west coast of Mauritius, managed by Trimetys Group.
African private capital markets experienced a record-high volume of deals in 2022, recording a 46% year-over-year (YoY) growth, according to the African Private Capital Association (AVCA).
InfraCo Africa, part of the Private Infrastructure Development Group (PIDG has invested $1.5m in Afresco’s `Energy-as-a-Service’ solution to bring clean, reliable power to Commercial and Industrial (C&I) clients in Uganda, Malawi and the Democratic Republic of the Congo (DRC).
Capria Ventures, a Global South specialist firm investing in early-growth Global South startups, has announced the first close of its target of $100m fund.
Convergence Partners has acquired a strategic stake in 42Markets Group, an incubator, investor and builder of high-growth specialist businesses in the financial and capital markets sector.
Investing in Innovation Africa (i3), a pan-African initiative for start-ups building the future of healthcare supply chains, is calling for leading innovators to join its second cohort.
Development Partners International (DPI) alongside minority co-investors South Suez and DEG have acquired 100% of Solevo Group, an African distribution platform for specialty chemicals, from Helios Investment Partners.
The Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) company, has committed a $33m sustainability-linked debt facility to Raxio Group, a pan-African data centre developer and operator.
Creadev, a global VC and growth equity evergreen investor controlled by the Mulliez Family, has led a $35m Series B investment round in East Africa’s aquaculture platform, Victory Farms.