4 Nov
News > Private Equity > Exits
Agri-Vie Fund I, an Africa Food and Agribusiness Investment Fund managed by EXEO Capital, has announced its exit from one of South Africa’s most well-established abalone farming companies, HIK Abalone Farm (HIK).
4 Nov
News > Private Equity > Fundraising
Aruwa Capital Management, a female-founded and led private equity firm focussed on Nigeria and Ghana, has launched a $20m co-investment vehicle.
4 Nov
News > Private Equity > Fundraising
Adiwale Partners, a private equity firm focusing on growth capital investments for SMEs in French-speaking West Africa, has announced the first closing of its first fund, Adiwale Fund I, at €50m.
3 Nov
News > Private Equity > Deals
Vantage Capital, Africa’s largest mezzanine fund manager, has provided €8m of mezzanine funding to Equity Invest S.A., the holding company for six Moroccan technology companies.
1 Nov
News > Private Equity > Deals
Goldman Sachs, with participation from existing investors including the IFC, TLcom Capital and Creadev, has invested $23.75m in a Series B equity round in Twiga Foods.
29 Oct
News > Private Equity > Deals
DOB Equity, a Dutch family-backed impact investor in East Africa, has invested in Moringa School, a technology learning accelerator in Kenya, to help it capitalize on the fast-growing demand for technical-skilled professionals.
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.