Swicorp Private Equity has completed its spin-out from Swicorp to become SPE Capital Partners (SPE Capital), an independent private equity firm focusing on the Middle East and Africa, excluding the GCC.
Mara Delta (formerly Delta Africa) has acquired the Tamassa Resort in Mauritius for a purchase consideration of the euro equivalent of $40m on a cash free, debt free basis.
Cauris Croissance, the second fund managed by Cauris Management, the West African private equity fund manager, has confirmed the sale of its stake in Sodigaz, to the sponsors and majority shareholders of the company.
AfricInvest’s Maghreb Private Equity Fund II (MPEF II) has successfully concluded its exit from Général Emballage, a leader in the manufacturing and processing of corrugated cardboard based in Algeria, to a consortium of Development Partners International (DPI) and DEG.
I&P Développement 1 (IPDEV1), Investisseurs & Partenaires’ fund launched in 2002, has realized two new exits in Mauritania and in Senegal.
The Carlyle Group has agreed to acquire a majority share of Amrod, a fast-growing supplier of promotional products and clothing, serving distributors in South Africa and neighboring countries.
Frontier Digital Ventures has invested $1.2m in a Series A funding round in Nigerian real estate classifieds start-up ToLet.com.ng.
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.
Conduit Capital, a South African investment holding company, has acquired the entire issued share capital in Snowball Wealth and Midbrook Lane.
