29 Oct
News > Private Equity > PE Industry News
Mediterrania Capital Partners, a Private Equity firm focused on growth investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, has announced the highly positive performance of the four Mediterrania Capital III (MC III) portfolio companies: TGCC, Cairo Scan, Groupe Cofina and Aziza.
29 Oct
News > Private Equity > Deals
Goodwell Investments has agreed to invest $2m in fast growing on-demand delivery platform Sendy in East Africa.
15 Oct
News > Private Equity > Exits
Aruwa Capital Management has launched a $20m West-Africa focused Private Equity co-investment vehicle, which is focused on closing the gender equality gap, and has completed its first investment, in Wemy Industries, Nigeria’s first and only indigenous personal hygiene company.
15 Oct
News > Private Equity > PE Industry News
The East African Venture Capital Association (EAVCA) in partnership with Financial Sector Deepening Africa (FSD Africa) and International Finance Corporation (IFC) have launched an investment guide to enable regional pension schemes to invest in Private Equity (PE) Funds.
14 Oct
News > Private Equity > PE Industry News
The latest RisCura-SAVCA South African Private Equity Performance Report indicates that prospects for the local private equity industry are looking up, with the ten-, five-, and three-year ZAR internal rate of returns (IRRs) having improved from 13.2%*, 12.2%* and 7.0%* in Q4 2018 to 14.5%, 12.8% and 8.2% in Q1 2019, respectively.
10 Oct
News > Private Equity > Deals
The Emerging Africa Infrastructure Fund (EAIF) has completed its first project in affordable housing in Africa, by investing KES1.3bn ($12.7m) in a privately placed note issue in Kenya that raised a total of KES4.3bn.
7 Oct
News > Private Equity > Exits
Amethis has sold its minority stake in Compagnie de Distribution de Côte d'Ivoire (CDCI) to Groupe Retail Holding, a Moroccan group that holds several modern distribution franchises in Morocco.
7 Oct
News > Private Equity > PE Industry News
The Southern African Private Equity and Venture Capital Association (SAVCA), in partnership with First National Bank (FNB) and the SA SME Fund as lead sponsors, has launched a Fund Manager Development Programme (FMDP) with the aim of increasing the number of female- and black-owned and managed fund managers.
1 Oct
News > Private Equity > PE Industry News
African fundraising for the first half of 2019 reached $1.7bn in final closes and $0.9bn in interim closes, according to the African Private Equity Data Tracker, released by the the African Private Equity and Venture Capital Association (AVCA).
27 Sep
News > Private Equity > Deals
Adenia Partners, a private equity firm investing in Sub-Saharan Africa, has completed a majority investment in Quick Mart.
26 Sep
News > Private Equity > Deals
Verod Capital Management has received regulatory approvals for its acquisition of 100% of the shareholding of Metropolitan Life Insurance Nigeria from South African-based Momentum Metropolitan Holdings.
25 Sep
News > Private Equity > Deals
Flourish Ventures, a venture company of The Omidyar Group, the partners of DST Global, and existing seed investors Newfund, Speedinvest, and Le Studio VC, have invested €10m in FairMoney in a Series A investment round.
24 Sep
News > Private Equity > Deals
Development Partners International (DPI), a pan-African focused private equity firm, and Convergence Partners have co-invested in Channel VAS, a fintech provider of mobile financial and airtime credit services operating in Africa, Asia and the Middle East.
12 Sep
News > Private Equity > Deals
South African based venture capital firm Vunani Capital has announced its recent investment into SnapnSave through the Vunani Fintech Fund.
