The impact investing group Investisseurs & Partenaires (I&P) has partnered with the US Agency for International Development (USAID) to launch an innovative acceleration program in Niger, Burkina Faso and Senegal.
Accion Venture Lab, the early-stage investment vehicle of the financial inclusion firm Accion, with participation from Newid Capital and Hallmann Holding International Investment, have invested in South Africa-based online lending platform Lulalend.
Investec Asset Management, through its African private equity capability, has acquired a significant shareholding in Mobisol, a leading and rapidly-growing provider of off-grid solar home systems (SHS) in Africa.
Capital Seven, a Botswana based private equity firm, has announced its plans to acquire a 75% stake in Trust Holdings, a financial services group in Zimbabwe.
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.
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.
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.
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.
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.
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.
Frontier Digital Ventures has invested $1.2m in a Series A funding round in Nigerian real estate classifieds start-up ToLet.com.ng.
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.
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).
