General Atlantic to Acquire Actis
General Atlantic has agreed to acquire Actis, creating a diversified, global investment platform with approximately $96bn in combined assets under management.
General Atlantic has agreed to acquire Actis, creating a diversified, global investment platform with approximately $96bn in combined assets under management.
The African Guarantee Fund (AGF) has signed a landmark partnership agreement with Vista Group Holding to accelerate access to finance for small and medium-sized enterprises (SMEs) including women-led businesses in four West African countries: Burkina Faso, The Gambia, Guinea, and Sierra Leone.
Convergence Partners Digital Infrastructure Fund (CPDIF) has entered into a definitive agreement with Alviva Holdings to acquire 100% of Datacentrix Group.
Private Infrastructure Development Group (PIDG) company, the Emerging Africa Infrastructure Fund (EAIF), has successfully raised $294m of additional debt facilities, achieving over half of the Fund's target to raise $500m by 2025.
Gulf Capital has successfully completed the sale of 100% of AmCan, an exclusive distributor of many of the top global sports nutrition brands across the MENA region, to a leading regional FMCG distributor operating across the Middle East and Africa.
Amethis, a member of the Edmond de Rothschild Private Equity Partnership, through its European strategy aimed at supporting SMEs in their internationalization, has taken a majority stake in Capital Banking Solutions (CBS) alongside Samer Hanna (President & CEO), Michel Tueni (COO) and Aziz Akl (CFO), as well as several key executives of the company who are reinvesting all their proceeds.
Africa50 Group, a pan-African infrastructure investment platform, has announced the successful first close of the Africa50 Infrastructure Acceleration Fund (Africa50 – IAF), securing $222.5m in commitments.
The Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) company, has committed a $30m senior secured loan facility to AXIAN Energy, as part of the company's expansion plan to deliver more than 460 Megawatt (MW) of utility-scale renewable energy generation capacity across Africa over the next decade.
The Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group Company (PIDG), has committed to de facto underwrite $50m of Zambia’s first US$53.5m green bond, to finance key solar infrastructure and support diversification of the country’s energy sector.
TLG Capital (TLG) has announced a debt facility of up to $5m in Flow 48, anearly-stage FinTech company at the forefront of redefining Alternative Finance in Africa.
BluePeak Private Capital (BluePeak), an alternative asset management firm supporting the growth of scalable businesses in Africa, has announced its first ESG-linked investment, a $20 million hybrid loan to a leading integrated East & Central African logistics group, Prime Logistics (Prime).
Development Partners International (DPI), a premier investment firm focused on Africa, and Verod Capital (Verod), one of the continent’s leading investment management firms, have co-invested in Pan African Towers (PAT), a digital infrastructure company based in Nigeria.
The Namibia Infrastructure Development and Investment Fund (NIDIF), an infrastructure fund with the mission to develop economic and social infrastructure assets in Namibia and managed by Eos Capital, has acquired a significant minority stake in the Namibian business of Lightstruck Holdings, a fibre infrastructure company, specialising in open access last-mile fibre networks.
The Namibia Infrastructure Development and Investment Fund (NIDIF), an infrastructure fund with the mission to develop economic and social infrastructure assets in Namibia and managed by Eos Capital, has invested in acquiring a significant minority stake in the Namibian business of Lightstruck Holdings, a fibre infrastructure company, specialising in open access last-mile fibre networks.