Fonds de Co-Localisation Franco-Tunisien (FCFT), the €20m cross-border midcap fund established in July 2016 to invest in growth transactions in France and Tunisia, has announced its first investments.
Apis Partners, a private equity asset manager focused on financial services in the growth markets of Africa and Asia, has invested in the Direct Pay Online Group (DPO Group), an online payments processor in East Africa.
Adenia Partners, a private equity fund manager focused on growth opportunities and mid-cap buyouts in Sub-Saharan Africa, has announced a majority investment in Ademat, a leading business service company in Côte d’Ivoire active in the power sector.
Helios Investment Partners has signed a $115.8m agreement with Oando to acquire 49% of the voting rights in Oando’s midstream business subsidiary, Oando Gas and Power Limited (OGP).
Rockwood Private Equity-led consortium has entered into an agreement with Euronext-listed Wendel regarding the sale of its interest in the Tsebo Soulutions Group for an enterprise value of ZAR5.25bn ($375m).
Lucid Ventures, a venture capital company launched earlier this year, has announced its first investment by acquiring a 20% stake in Jamie Oliver's signature restaurant chain 'Jamie's Italian' in South Africa.
Oasis Capital Ghana has reached the first close of its second fund, Oasis Africa VC Fund (OAF) at $27m, with commitments from local and international investors.
Conduit Capital, a South African investment holding company, has acquired the entire issued share capital in Snowball Wealth and Midbrook Lane.
Development Partners International (DPI), an Africa-focused private equity firm with $1.1bn under management, has announced a $100m investment through its ADP II Fund in Atlantic Business International (ABI).
Steinhoff International, a South African-based international retail holding company, has agreed to acquire Tekkie Town, South Africa’s largest specialist footwear retailer, from a private equity firm Actis.
African Capital Alliance (ACA) has raised a total of approximately $570m of committed capital for its fourth private equity fund, Capital Alliance Private Equity IV (CAPE IV).
Eos Capital, a Namibian private equity fund manager that is managing the Allegrow Fund, has acquired 35% of the ordinary share capital of Fabupharm, the only pharmaceutical manufacturing plant in Namibia.
Actis has acquired a meaningful stake in Medis Group, a prominent branded generic pharmaceuticals business in Tunisia and Algeria, from AfricInvest and the founding Boujbel family.
Invenfin, the venture and growth capital division of Remgro, has acquired a 30% stake in Dynamic Commodities, a South African specialist producer and exporter of a range of frozen fruit-based delicacies.
