AfricInvest, a pan-African private equity firm, has announced the first close of FIVE, an evergreen platform for investing in financial institutions in Africa.
Investisseurs & Partenaires, an impact investment fund dedicated to SMEs in Africa, has obtained the B Corp certificate, a prestigious certification meeting the highest standards of social and environmental performance, transparency and accountability.
Oasis Capital Ghana, an Accra-based private equity fund manager, has invested an undislosed stake in Legacy Girls College, a private girl’s high school operating in Ghana.
CDC Group has invested €46m in ONOMO Hotels, an African 3-star hotel platform targeting clients in the business segment.
Enko Education has announced its first debt raising for €1.5m with Oikocredit, a cooperative and social investment company based in the Netherlands.
Zaad Holdings, a subsidiary of Zeder, has entered into sale of shares agreements in terms of which it will acquire 100% of the issued shares in Hygrotech Properties.
Investisseurs & Partenaires (I&P), an impact investing group dedicated to SMEs in Sub-Saharan Africa, has announced the first closing of IPAE 2, a new impact fund combining performance and impact.
The Abraaj Group, an investor operating in growth markets, has agrees to purchase, through its Funds, a significant minority stake in Société Nationale des Télécommunications (Tunisie Telecom), Tunisia’s largest telecom operator.
LeapFrog Investments, a dedicated equity investor in emerging markets, supporting fast-growth firms that deliver social impact alongside commercial returns, has led a Series C investment round in digital money transfer service WorldRemit.
Àrgentil Capital Partners has acquired a 49% stake in Chocolate City Lounge, a Nigerian based restaurant and lounge company.
Apis Growth Fund I has made a significant investment into Greenlight Planet Incorporated, a provider of off-grid solar products and financing to underserved rural populations across Africa and Asia.
AfricInvest, a pan-African mid-cap-focused private equity firm, has announced the first closing of its North African Fund (MPEF IV).
Investec Asset Management, through its African private equity capability, has made a follow-on growth equity investment alongside its consortium partners into Mobisol, one of Africa’s leading providers of off-grid solar home systems (SHS).
HAVAÍC, the ASISA Enterprise Development Fund, and Growth Grid Venture Capital Partners, have invested R4.5m in RMed Online, South Africa’s largest online healthcare marketplace.
