The Carlyle Group is working on a number of interesting opportunities for its African fund, according to Marlon Chigwende, Managing Director and Co-Head of the Carlyle Sub-Saharan Africa Fund.
Silvertree Internet Holdings, an operating and holding company for early and mid-stage tech businesses targeting African consumers, has invested in South African online pet food and accessory store Pet Heaven.
Ethos Capital is looking to raise up to R2bn ($139.17m) through a private placement on the main board of the Johannesburg Stock Exchange (JSE) in August.
HAVAIC Limited Partners, the venture capital arm of HAVAIC Holdings South Africa, has invested in Digital Cabinet, a cloud solutions and digital post technology company, by way of a convertible note instrument.
Novare Africa Property Fund II, has announced its final close, raising $350m (R5.25bn) for investment in a portfolio of new developments in, amongst others, Nigeria, Zambia and Mozambique.
Oando, Nigeria’s indigenous energy group, listed on both the Nigerian and Johannesburg Stock Exchange, has announced a $210m recapitalization of its downstream operations by HV Investments II B.V., a joint venture owned by Helios Investment Partners and the Vitol Group.
WDB Investment Holdings and Grovest, South Africa’s first venture capital company, have invested in Seed Engine, an ICT accelerator that equips entrepreneurs with the skills they need to create, grow and build their businesses.
TLG Credit Opportunities Fund (COF) has invested an undisclosed amount in Homestrings, a diaspora crowdfunding platform for frontier and emerging markets.
Metier Capital Growth Fund II is hoping to have a final close in the next month and a half, according to J-P Fourie, Head of Investor Relations at Metier.
Vantage Capital, Africa’s largest mezzanine fund manager, has provided a R200m($13.7m) expansion capital facility to New GX Capital, a 100% black and family owned investment company.
Wendel, a French investment company, has announced its first investment in the African shopping malls sector by acquiring a 40% stake in SGI Africa, alongside the CFAO group.
African Infrastructure Investment Managers (AIIM) has announced the successful sale of investments in three privately-concessioned toll roads in Southern Africa, to a consortium of largely existing investors including Public Investment Corporation, Liberty Group, Old Mutual and Africa Finance Corporation.
RMB Holdings (RMH) has acquired a 34% stake in urban renewal property company, Propertuity Development Company, a South African urban renewal group.
Angola Capital Investments (ACI), an international investment firm headquartered in Angola, has announced a major investment through one of their major holding companies Bluoshen, in Hotel Casa Rosa.
