18 Jun
News > Private Equity > Deals
TLG Capital, an alternative investment firm, has announced a $10m structured private credit facility for one of the country’s largest aluminum recyclers in Nigeria, in collaboration with Wema Bank, Nigeria’s financial institution and pioneer of Africa’s first fully digital bank, ALAT.
13 Jun
News > Private Equity > Deals
Social impact investing cooperative Oikocredit has made a first-time loan of $10m (€9.3m) to AfricInvest Private Credit (APC) to augment support for small and medium enterprises (SMEs) throughout Africa.
12 Jun
News > Private Equity > Exits
Development Partners International (DPI) has sold 100% of International Facilities Services (IFS) to a consortium comprising of ES-KO, a global provider of integrated facility support services, Phatisa, a Mauritius-based private equity firm, and IFS’s management.
11 Jun
News > Private Equity > Exits
British International Investment (BII), the UK’s development finance institution and impact investor, has sold its 10.1% stake in I&M Group, the Eastern African banking group, to AfricInvest, a Pan-African Asset Management platform.
11 Jun
News > Private Equity > Deals
African Infrastructure Investment Managers (AIIM), a division of Old Mutual Alternative Investments, has reached financial close on the 140MW Khangela and 140MW Umsinde Emoyeni wind farms to supply renewable energy to the operations of Rio Tinto’s Richards Bay Minerals (RBM) and Sibanye Stillwater via wheeling agreements.
10 Jun
News > Private Equity > PE Industry News
Africa50 has signed an Implementation Agreement (IA) with the Rwanda Development Board (RDB) and the Government of Rwanda (GoR) for exclusive rights to develop, operate, and commercialise the 61-hectare Kigali Innovation City (KIC).
31 May
News > Private Equity > Deals
TLG Capital, a leading African investment firm, has announced its 40th deal, providing a $5m financing line to Liberty & Justice, an Africa-made swimwear line.
30 May
News > Private Equity > Exits
Adenia Partners, a private equity firm focused on growth opportunities in Africa has successfully exited its entire stake in Cresta Paints to Uhuru Investment Partners, a middle-market private equity firm focused on investing in West Africa.
22 May
News > Private Equity > Deals
Injaro Investment Advisors, a Ghanaian private capital fund manager, has announced the acquisition by its fund, Injaro Ghana Venture Capital Fund (IGVCF) of Outdoor Holding Limited (OHL), which controls a majority stake in DDP Outdoor Ltd (‘DDP’).
22 May
News > Private Equity > PE Industry News
The Obuntu Foundation, a catalyst for the next generation of Africa-focused Fund Managers, has announced a strategic partnership with Mennonite Economic Development Associates (MEDA), a global non-profit organization focused on economic development and entrepreneurship.
13 May
News > Private Equity > Deals
Renew Capital recently made an investment in the B2B platform Farm to Feed, which targets unused produce, enhancing sustainability and farmer livelihoods.
9 May
News > Private Equity > Deals
Admaius Capital Partners, an Africa focused private equity investor operating across several growth markets, has announced a majority equity investment into TRES Infrastructure, the only local licensed tower owner, operator, and developer of shared telecommunications infrastructure in Rwanda.
8 May
News > Private Equity > Exits
Apis Growth Fund I, a private equity fund managed by Apis Partners, has fully exited its position in South African merchant acquirer Adumo to Lesaka Technologies.
2 May
News > Private Equity > PE Industry News
TLG Capital, a pan-African alternative asset manager, has forged a strategic partnership with BFREE, a pioneering ethical debt collection startup based in Nigeria. With a $3m facility, TLG will empower BFREE to spearhead a transformative shift in ethical loan collection services across the continent.
