Kuramo Capital Management has acquired a majority stake in GenAfrica Asset Managers, one of the largest pension fund managers in Kenya and Uganda, from Centum Investment Company.
Sahel Capital and Coscharis Group, a Nigerian Conglomerate with interests across several sectors of the Nigerian economy, have invested in Coscharis Farms, a subsidiary of Coscharis Group.
EchoVC, a seed and early stage venture capital firm, has invested in Nigeria's hostel booking platform, MyPadi, to accelerate expansion into more cities, schools and improve its products.
Inspired Evolution has signed a deal to invest up to $36m in Alten RE Developments Africa B.V., the sub-Saharan Africa-focused subsidiary of Alten Energías Renovables.
Wendel, one of Europe's leading listed investment firms, has disposed its stake in Saham Group’s holding for $155m.
A.P. Moller Capital’s Africa Infrastructure Fund has reached its second close with total commitments reaching $865m.
Goodwell Investments has agreed to a follow-on investment in Musoni Services to support its fast client growth.
Phatisa has partially exited its investment in Kanu Equipment, a pan-African distributor of capital equipment, to Adenia Partners, generating an IRR in excess of 50%.
Grit has announced its first foray into Ghana by acquiring 5th Avenue Corporate Offices in Accra for $20.5m from Greenline Development, a regional real estate developer.
African Infrastructure Investment Managers (AIIM) has invested through its African Infrastructure Investment Fund 3 (AIIF3) in Starsight Power Utility, as part of a $30m equity round.
DOB Equity, a Dutch family-backed impact investor, has opened an office in Westlands, Nairobi, where leading investors and business representatives gathered to discuss entrepreneurship in East Africa.
Denham Capital, a global energy-focused private equity firm, acting through its International Power Fund, has established its new Africa Power Investment Platform, in partnership with Themis.
The South African private equity industry delivered a 10-year (in Rand terms) internal rate of return of 12.9% at September 2017, according to the latest Q3 2017 RisCura-SAVCA South African Private Equity Performance Report.
Swicorp and Wamda have led a financing round in Mumzworld, one of the Middle East and North Africa (MENA) e-commerce players dedicated to mothers, babies and children.
