Vantage Capital, Africa’s largest mezzanine debt fund manager, has made a R635m investment into Commercial Energy South Africa (CESA), a subsidiary of SolarAfrica Energy, a South African energy solutions provider, alongside co-investor, Greenpoint Capital.
Symbiotics has invested $4 million in Platinum Credit Uganda to deepen financial inclusion and expand lending to underserved communities across the country.
Grene Capital Management Nigeria has announced the completion of a management buyout that will see the firm operate as an independent, Africa focused real asset fund manager, spun out from the growth market infrastructure investor, Actis.
Development Partners International (DPI) has completed a $190m investment in Alameda Healthcare, Egypt’s private healthcare group.
Harith and its affiliates have entered into a Sale and Purchase Agreement to acquire FlySafair, the airline confirmed today, in a transaction subject to the required regulatory approvals.
HAVAÍC, a South African venture capital firm, has led a $1.4m secondary investment in a global calling app Talk360.
The Private Infrastructure Development Group (PIDG), through its project development solution, InfraCo has exited its preference share investment in InfraCredit Nigeria for $26m, achieving a strong return despite challenging macroeconomic conditions.
Sahel Capital, an investment manager focused on the food and agriculture sectors across sub-Saharan Africa, has successfully closed a $2.4m working capital loan to Kuapa Kokoo through its Social Enterprise Fund for Agriculture in Africa (SEFAA).
The Emerging Africa & Asia Infrastructure Fund (EAAIF), a Private Infrastructure Development Group (PIDG) company, managed by Ninety One, has committed €40m in sustainability-linked financing to Cabo Verde Airports to support the second phase of a landmark programme to expand, modernise, and decarbonise seven airports across Cabo Verde.
Adenia Partners, a private equity firm focused on growth opportunities in Africa, has signed definitive agreements to acquire a majority stake in Parkville Pharmaceuticals from Admaius Capital Partners, an Africa-focused private equity firm, alongside Dr. Sherif Bassiouny, Chairman of Parkville, and Dr. Mahmoud Farrag, CEO of Parkville.
Salt Capital, an Africa focused private equity firm with a core focus on the Southern Africa Development Community (SADC), has with the partnership of one of its largest LPs, South Suez Capital, completed the acquisition of Welwitschia Hospital, ERAD Radiology, and Spescare Namibia. Salt Capital has since inception considered Namibia as a priority market and has to date built an established track record in the country.
Lightrock, a global sustainable investment platform, has invested $40m in Sun King, the world’s largest off-grid solar energy company.
The Emerging Africa & Asia Infrastructure Fund (EAAIF), a Private Infrastructure Development Group (PIDG) company, managed by Ninety One, has made a $15m investment in WIOCC, a key pan-African telecommunications infrastructure provider.
AfricInvest Europe has announced its investment in Tecofi Group, a specialist in industrial valve design and manufacturing, via its Fonds Franco-Africain 2 (FFA II).
