Following the $2.2m investment put up by Proparco and I&P in August 2016, Enko Education has opened its first international school in South Africa - Enko Ferndale International School.
NBK Capital Partners has invested an undisclosed sum in Kaumeya Language Schools (KLS) in Egypt to support the school in the next phase of its growth.
The Carlyle Group, a global alternative asset manager, has agreed to acquire a majority stake in CMC Networks, a Pan-African provider of managed connectivity solutions for global telecoms providers.
Hermes-Sojitz, an international direct investments fund, has sold its 60.3% stake in Sinopac, a company involved in exploration and mining of rare earth metals in Africa, for $340m.
The Ethos Mid Market Fund I, a black-managed, mid-market focused fund in South Africa, has raised R675m ($47.39m) at first close, Africa Global Funds can reveal.
Catalyst Principal Partners, East Africa focused private equity firm, has sold its controlling stake in Kenya’s pharmaceutical retailer Goodlife Pharmacy to LeapFrog Investments.
African boutique investment and advisory firm HAVAIC, together with funding from UK-based investor Kevin Gaskell, have injected R6.5m into South African creative technology startup delvv.io.
The Emerging Africa Infrastructure Fund (EAIF) has invested $25m in a new company set up in Sierra Leone by a private sector joint venture to build a 57MW, oil-fired, power station at Freetown.
Visionnaire Ventures-led investment consortium has invested $25m in a robotics company Zipline to deliver blood and life saving medical supplies in Rwanda.
CDC Group, University Ventures and Savannah Fund have invested $12m in UNICAF, a global educational online organization.
Private equity investment in African infrastructure has been an emerging theme over the past decade, according to Erika van der Merwe, CEO of the Southern African Venture Capital and Private Equity Association (SAVCA).
iono.fm, a South African podcast and audio streaming services, has received $175k (R2.5m) in a funding round led by Clifftop Colony.
Flint Atlantic Capital Partners, a Nigerian healthcare impact investment firm, has invested in Africa Healthcare Network (AHN), the largest dialysis and kidney care services chain in Rwanda.
Cauris Management, a private equity fund manager in Francophone West Africa, has sold its shares in Atlantic Business International (ABI) and Bridge Bank Group Côte d'Ivoire.
