Imara Private Equity has, over the last twelve months, sourced, structured and invested approximately $4.5m, on behalf of a European Family Office client, into Zambezi Berry Company (ZBC).
Helios Investment Partners has invested an undisclosed amount in KMR Holding Pédagogique (KMR), a private higher education group based in Morocco.
I&P Afrique Entrepreneurs 2, a private equity fund launched in December 2017 with a first closing at €50m, has announced its first investments.
AfricInvest, a pan-African private equity firm, has announced the second close of FIVE, an evergreen platform for investing in financial institutions in Africa.
Ethos Mid Market Fund I (EMMF I) has announced the closing of a c.60% investment into South African-based consumer technology distributor, Gammatek.
Phatisa has announced the first close of its Phatisa Food Fund 2 (PFF 2), which has received capital commitments in excess of $120m.
I&P Développement 2 (IPDEV 2), a fund managed by Investisseurs & Partenaires, has reached its final closing at €11.5m and totalised an investment capacity of €21m.
LeapFrog Investments has invested in Pyramid Group, the largest specialty distributor for cardiac and orthopaedic equipment in East Africa.
Development Partners International (DPI), has invested through its African Development Partners II (ADP II), in Moroccan irrigation systems and solutions business, Compagnie Marocaine de Goutte à goutte et de Pompage (CMGP).
Futuregrowth Asset Management has recently concluded an investment in the Impact Bond Innovation Fund (IBIF), a South African outcome-based financing mechanism that seeks to improve early childhood learning and development (ECD) outcomes in the Western Cape.
Helios Investment Partners has acquired a 76% stake in TPAY Mobile, a fast growing direct carrier billing (DCB) provider in the Middle East and North Africa region from A15, a tech investment fund based in Egypt.
Despite the flux in many African markets over the past few years, the number of PE-backed IPOs in both African and global stock exchanges have remained relatively constant.
The Carlyle Group has completed the acquisition of a majority stake in AK Life Sciences (Abacus), a pharmaceutical company in East Africa.
AfricInvest Fund II (AF II) has exited from its investment in Kiboko Holdings (KH), a Mauritius-based company with diverse interests across the East African region in a variety of sectors including FMCG, pharmaceutical manufacturing and distribution, and insurance brokerage.
