17 Oct

News > Private Equity > Deals

responsAbility adds Suminter to its agri portfolio

Oct. 17, 2018, 9:35 p.m.

Staff writer

The responsAbility-managed private equity vehicle focusing on food and agriculture has completed its second investment and taken a minority stake in Suminter, a global organic products supply chain management company which sources, processes and exports certified 100% organic and GMO-free products from Asia and Africa.

---

17 Oct

News > Private Equity > Fundraising

MPEF IV hits second close

Oct. 17, 2018, 9:08 p.m.

Anna Lyudvig

AfricInvest, a pan-African mid-cap-focused private equity firm, has announced the second closing of its North African Fund, Maghreb Private Equity IV (MPEF IV).

---

16 Oct

News > Private Equity > Deals

HAVAÍC invests in SA commercial property platform

Oct. 16, 2018, 10:11 p.m.

Staff writer

HAVAÍC has advanced the first round of financing in Instant Property Rentals Holdings, by acquiring a 10% equity stake, with an allocation for follow-on funding at Instant Property’s option. 

---

16 Oct

News > Private Equity > Deals

Flutterwave concludes Series A extension round

Oct. 16, 2018, 10:03 p.m.

Staff writer

Mastercard, CRE Ventures, Fintech Collective, 4DX Ventures, and Raba Capital, among others, have participated in a Series A extension round of financing to Flutterwave, a Nigerian fintech startup. 

---

12 Oct

News > Private Equity > Deals

Imara's PE division backs Zambezi Berry Company

Oct. 12, 2018, 9:15 p.m.

Africa Global Funds

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). 

---

10 Oct

News > Private Equity > Deals

Helios invests in Moroccan education group

Oct. 10, 2018, 9:04 p.m.

Staff writer

Helios Investment Partners has invested an undisclosed amount in KMR Holding Pédagogique (KMR), a private higher education group based in Morocco. 

---

10 Oct

News > Private Equity > Deals

I&P Afrique Entrepreneurs 2 makes first investments

Oct. 10, 2018, 8:57 p.m.

Africa Global Funds

I&P Afrique Entrepreneurs 2,  a private equity fund launched in December 2017 with a first closing at €50m, has announced its first investments. 

---

4 Oct

News > Private Equity > Fundraising

FIVE reaches second close targeting €200m

Oct. 4, 2018, 9:13 p.m.

Anna Lyudvig

AfricInvest, a pan-African private equity firm, has announced the second close of FIVE, an evergreen platform for investing in financial institutions in Africa. 

---

4 Oct

News > Private Equity > Deals

Ethos co-invests with EPPF in Gammatek

Oct. 4, 2018, 8:54 p.m.

Africa Global Funds

Ethos Mid Market Fund I (EMMF I) has announced the closing of a c.60% investment into South African-based consumer technology distributor, Gammatek.  

---

3 Oct

News > Private Equity > Fundraising

Phatisa Food Fund 2 hits first close

Oct. 3, 2018, 9:19 p.m.

Anna Lyudvig

Phatisa has announced the first close of its Phatisa Food Fund 2 (PFF 2), which has received capital commitments in excess of $120m. 

---

1 Oct

News > Private Equity > Fundraising

IPDEV 2 reaches final closing

Oct. 1, 2018, 9:32 p.m.

Anna Lyudvig

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.

---

28 Sep

News > Private Equity > Deals

LeapFrog invests in Pyramid Group

Sept. 28, 2018, 9:15 p.m.

Africa Global Funds

LeapFrog Investments has invested in Pyramid Group, the largest specialty distributor for cardiac and orthopaedic equipment in East Africa.

---

27 Sep

News > Private Equity > Deals

DPI acquires CMGP from Amethis and others

Sept. 27, 2018, 10:36 p.m.

Africa Global Funds

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).

---

25 Sep

News > Private Equity > Deals

Futuregrowth invests in SA’s first ECD social impact bond

Sept. 25, 2018, 8:43 p.m.

Africa Global Funds

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.

---