11 Oct
News > Private Equity > Deals
Harith General Partners, a Pan-African investor and developer of infrastructure projects across the continent, has agreed to acquire a significant stake (46%) in Mergence Investment Managers, an institutional fund manager with a strong 19-year track record and capability across both Private and Public markets within SADC.
10 Oct
News > Private Equity > Deals
Adenia Partners, a private markets investment firm committed to responsible investing and a sustainable Africa, has completed a majority investment in Enfin, a solar financing solutions provider serving commercial and industrial clients across South Africa.
5 Oct
News > Private Equity > Fundraising
Sanari Capital, a women-led and majority Black- and women-owned South African private equity firm, has raised R1.25bn (approximately $65m) at the second close for its Sanari 3S Growth Fund, as the firm edges closer to its goal of reaching a final close equivalent of up to $100m.
29 Sep
News > Private Equity > Fundraising
Secha Capital has announced a first close of its second fund, with R300m in investments from blue-chip investors RMB - Rand Merchant Bank Ventures, 27four Investment Managers, SA SME Fund and Caleo Capital.
22 Sep
News > Private Equity > Fundraising
Metier has announced the first close for Metier Capital Growth Fund III, raising just over $182m, with further commitments expected by final close positioning Metier to exceed its targeted fund size of $200m.
21 Sep
News > Private Equity > Deals
The Vumela Enterprise Development Fund has invested R18m in Rentoza, South Africa’s first pure play subscription model for digital goods and appliances.
21 Sep
News > Private Equity > Deals
Kasada, an independent real estate private equity platform dedicated to the hospitality industry in Africa, has acquired the former Radisson Blu Hotel & Residence, the 214-room hotel in the center of Cape Town from a local real estate investment company.
13 Sep
News > Private Equity > Fundraising
Abidjan-based private equity firm Joliba Capital has announced the first close of its Joliba Fund I, raising €55m from commercial and development investors including IFC, Proparco, FMO and the French private equity firm LBO France.
11 Sep
News > Private Equity > PE Industry News
The Pan-African Fund Managers’ Association (PAFMA), a new trade association, was launched in Nairobi, Kenya on September 4 during the Africa Climate Summit 2023.
8 Sep
News > Private Equity > Exits
Tana Africa Capital has exited its investment in IEG, a network of schools with more than 4,500 students across three schools in Morocco and one school in the Netherlands, to Globeducate, one of the world’s leading K12 education groups.
6 Sep
News > Private Equity > Deals
Camco has announced commitments of nearly $25m in equity and debt funding for Spark Energy Services (Spark), its innovative financing platform supporting energy efficiency and captive solar initiatives in Sub-Saharan Africa’s commercial and industrial (C&I) sector.
5 Sep
News > Private Equity > Deals
Rand Merchant Bank (RMB) has acted as the sole arranger and lender to the GZ Industries Limited group (GZI) on a $47m and NGN5bn funding package, offering a tailored solution that positions the company favourably for growth and expansion in the future.
GZI is a manufacturer and producer of premium-quality aluminium cans for several leading global blue chip beverage brands in Africa and the largest pure play beverage packaging solutions provider in Africa.
30 Aug
News > Private Equity > Deals
A.P. Moller Capital has acquired Vector Logistics, a South Africa’s frozen infrastructure logistics operator, providing multi-temperature warehousing and distribution, supply chain intelligence, and sales and merchandising solutions.
22 Aug
News > Private Equity > Deals
African Infrastructure Investment Managers (AIIM) has agreed to invest $90m of growth equity through its latest pan-African infrastructure fund, African Infrastructure Investment Fund 4 (AIIF4) in N+ONE DATACENTERS (N+ONE), an African data center owner and operator.
