28 Feb
News > Private Equity > Deals
Ethos Mid Market Fund I has acquire a 31% equity stake in South African-based corporate Internet Service Provider, Echo.
Arshad Essa, Ethos partner, said: “We are investing behind Echo’s market penetration drive into South Africa, where the business already provides best-of-breed network solutions to an increasingly diversified client base.”
22 Feb
News > Private Equity > Deals
Goodwell Investments has acquired a minority equity stake in Oradian, one of the world’s fastest growing providers of digital solutions for financial institutions in frontier markets.
22 Feb
News > Private Equity > Deals
Investec Asset Management, through its Africa Private Equity capability, has recently concluded a further equity investment in Mobisol, following the initial investment made in late 2016.
15 Feb
News > Private Equity > Deals
Amethis has acquired a significant minority stake in Groupe Premium, an industrial equipment distributor in Morocco and now present in West Africa, to support the firm’s African expansion.
15 Feb
News > Private Equity > Fundraising
Cepheus Growth Capital Partners, a private equity firm, has successfully reached its first close at $51m of its Cepheus Growth Capital Fund, receiving strong support from CDC Group, Norfund, and the European Investment Bank — family offices and various high net-worth individuals.
15 Feb
News > Private Equity > Deals
Ascent Rift Valley Fund (ARVF), an SME Private Equity Fund investor, has signed an investment deal that will see it acquire a majority stake in Auto Springs East Africa.
12 Feb
News > Private Equity > Fundraising
Capria Network, which includes 11 fund managers across 5 continents, is aiming to raise $200m by December 2018, to deploy funds in sectors that make a critical difference to large sections of the population in emerging markets.
9 Feb
News > Private Equity > Fundraising
Ashburton Investments is looking to raise between R1bn and R1.5bn of commitments from investors for its Rand denominated Ashburton Mezzanine Fund I, Africa Global Funds can reveal.
7 Feb
News > Private Equity > Exits
Actis has agreed to sell its 79.5% majority stake in Mentor Management, a Kenyan project management company, to Turner & Townsend, a global construction and management consultant.
7 Feb
News > Private Equity > Deals
EXEO Capital via its $175m Agri-Vie Fund II has made an inaugural investment into a fast-growing aquaculture company operating on the South and West coasts of South Africa – TerraSan.
5 Feb
News > Private Equity > Exits
Mergence Investment Managers has announced a successful first exit from an investment in a solar energy project housed in the Mergence Renewable Energy Debt Fund I.
5 Feb
News > Private Equity > Fundraising
Goodwell Investments has reached final closing of its Goodwell III fund, raising €20m from over 30 investors for investments in inclusive economy in Sub-Saharan Africa.
1 Feb
News > Private Equity > Deals
Mediterrania Capital Partners, a private equity firm focused on growth investments for SMEs in North African and Sub-Saharan Africa, has acquired a stake in CAIRO SCAN, a private provider of medical imaging services and diagnostics in Egypt, through its third fund (MC III).
30 Jan
News > Private Equity > Deals
The Emerging Africa Infrastructure Fund (EAIF), a part of the Private Infrastructure Development Group (PIDG), and Akuo Energy, a French green IPP, have signed a financing of the Akuo Kita Solar power plant, to be built at Kita in southern Mali.
