Investisseurs & Partenaires (I&P) has developed a consulting activity aiming to improve the business environment and develop the entrepreneurial ecosystem in Africa.
The African Rivers Fund, managed by XSML, has invested an undiclosed amount in Monishop, a supermarket in Kinshasa, DRC.
Phatisa has reached an agreement with JSE-listed Torre Industries, whereby Phatisa and Kanu management buy Torre’s remaining shareholding in Kanu Equipment.
Kibo Capital Partners (KCP) has invested in Blowplast, a producer of plastics packaging solutions in Kenya to support company’s expansion in East Africa and beyond.
The Abraaj Group has announced the acquisition of 100% of Java House Group, East Africa’s leading coffee-led casual dining chain, from Emerging Capital Partners (ECP), and the Company’s founder and chairman, Kevin Ashley.
Agri-Vie Fund I has exited from one of South Africa’s most respected value-added dairy companies, Fairfield Dairy, to a private investment trust, linked to the founding family for an undisclosed sum.
The Emerging Africa Infrastructure Fund (EAIF) has backed upgrades and expansion of two Madagascar airports by providing a €25m senior debt over a 16-year term.
EuroMena III, a private equity fund that invests in high growth local companies in the Middle East, North Africa and Sub-Saharan Africa, has acquired a minority stake in Retail Holding, a Moroccan retailer.
TIDE Africa, an international venture capital fund focused exclusively on technology enabled solutions and innovation serving Sub-Saharan Africa (SSA), has reached its first close of $40m of the $100m target.
South African private equity capital returns to investors increased by 123.2% in 2016 to R18.3bn, up from R8.2bn the previous years, according tp the SAVCA 2017 Private Equity Industry Survey.
LeapFrog Investments, a profit-with-purpose investor in emerging markets, has invested $180m in Ghanaian financial services provider, Enterprise Group.
The African Development Bank, CDC Group, and the Dutch Good Growth Fund have jointly committed $31m to the Fund for Agricultural Finance in Nigeria (FAFIN).
LeapFrog Investments has acquired an undisclosed stake in Cignifi, a big data platform that aims to extend financial inclusion to one billion emerging consumers.
The East African region is witnessing a change in momentum post 2016, where more East Africa based pension funds have begun to put money in local GPs, Eva Warigia, Executive Director of EAVCA, has said.
