South African private equity firm Metier has partially exited its investment in plastic products manufacturer Astrapak and has agreed to exit Inhep Electronics Holdings (Inhep).
XSML has invested an undisclosed sum in Maison Galaxy, a retail chain based in Kinshasa, DRC, known for its Shaina and Galaxy branded stores.
The Emerging Africa Infrastructure Fund (EAIF) has provided a €6.6m financing to Melec PowerGen (Matelec Group), the owner and operator of the Tobene power station in Senegal.
Fanisi Capital is targeting Sh10bn over next 12 months for its closed-ended 10-year SME venture fund.
ABO Capital, an international investment firm headquartered in Angola, has purchased Complexo Escolar Privado Internacional, the Turkish school in Benfica, a neighbourhood in the Samba district, south of Luanda.
African Infrastructure Investment Managers (AIIM), through its AIIF3 fund, has acquired a 44% stake in Albatros Energy Mali.
The Emerging Africa Infrastructure Fund (EAIF) has signed a Participation Agreement with the IFC to provide a $16.9m B Loan, with a +16-year term, to Central Solar de Mocuba (CESOM), the private sector developer of the Mocuba solar farm in Northern Mozambique.
Rand Merchant Investment Holdings (RMI) and Nedbank Private Equity (NPE) have each acquired minority shareholding in SA fintech company Entersekt in a multi-million dollar transaction.
There appears to be a gradual, yet notable shift in the approach taken by both South African and global private equity fund managers towards fund structuring, according to the Southern African Venture Capital and Private Equity Association (SAVCA).
Africa Special Opportunities Capital (ASOC) Fund I, South Africa’s first dedicated distressed private equity fund, has recently concluded its first transaction by acquiring OptiCo.
AfricInvest Private Equity Fund III has invested in International Community School (ICS), a private K-12 school in Ghana.
Danone, together with the Abraaj Group has invested $25m in Fan Milk (Ghana), adding three new production lines to its factory in Accra.
Adenia Partners, a private equity fund manager focused on mid-cap buyouts and growth capital investments in Sub-Saharan Africa, has reached the final closing of Adenia Capital (IV).
Victus Global Capital (VGC) is in the process of building its initial $50m fund with the stated objective of assisting women-led and/or women-focused agri-businesses in Africa, Africa Global Funds has learned.
