18 Jun
News > Private Equity > Deals
The Private Infrastructure Development Group (PIDG) has announced that Taranis Operations has signed a convertible loan agreement with the Corbetti Geothermal project in Ethiopia, marking the first step in a broader partnership that could see Taranis invest up to $27 million in equity into the project.
17 Jun
News > Private Equity > Deals
A.P. Moller Capital, through its Emerging Markets Infrastructure Fund II (EMIF II), has signed an agreement via a special purpose vehicle to acquire Mainstream Renewable Power South Africa, a leading renewable energy developer and independent power producer.
9 Jun
News > Private Equity > Deals
Aruwa Capital Management has completed an investment in Sika Financial Group, a financial market infrastructure company focused on clearing, settlement, liquidity and market data services for cross-border transactions across Africa and other emerging markets.
1 Jun
News > Private Equity > Deals
The Private Infrastructure Development Group (PIDG) has joined an investor consortium to close the final funding gap for a $137 million maritime infrastructure project in Ghana, paving the way for financial close and construction of the Takoradi Floating Dock Project, known as Shiprite.
18 May
News > Private Equity > Deals
AfricInvest, through its Financial Inclusion Vehicle (FIVE), has led a growth investment round in BFREE, a pan-African investor in distressed retail and SME loans, as the company looks to expand portfolio acquisitions, deepen partnerships with financial institutions, and enter additional African markets.
13 May
News > Private Equity > Deals
Triple Jump has provided $8 million in debt funding to Africa Xpress, supporting the company’s plans to scale its electric mobility operations across Africa.
12 May
News > Private Equity > Deals
Sango Capital has acquired more than $120 million in net asset value across four African-focused funds from an institutional investor rebalancing its global portfolio, in a transaction that highlights growing activity in Africa’s secondary private markets.
6 May
News > Private Equity > Deals
The IDH Farmfit Fund has acted as anchor investor in Kenya’s first private-sector local currency securitisation in the smallholder agriculture sector, a transaction structured by Kaleidofin in partnership with agri-finance company Apollo Agriculture.
6 May
News > Private Equity > Deals
The Emerging Africa & Asia Infrastructure Fund (EAAIF), part of the Private Infrastructure Development Group and managed by Ninety One, has committed a $40 million senior secured loan to support the development of Egypt’s first sustainable aviation fuel (SAF) production facility.
6 May
News > Private Equity > Deals
Gaia Renewables 1, listed on the Cape Town Stock Exchange (CTSE), has announced the refinancing of empowerment stakes in De Aar 1 and 2 wind farms in the Northern Cape.
27 Apr
News > Private Equity > Deals
Vantage Capital has provided $45 million in mezzanine debt financing to Egyptian specialty paints and coatings producer International Group for Modern Coatings (MIDO), in one of the country’s largest mezzanine debt transactions.
24 Apr
News > Private Equity > Deals
Mediterrania Capital Partners (MCP), a private equity firm focused on growth investments in Africa, has announced the signing of a Share Purchase Agreement for the acquisition of 100% of Société Marocaine des Manufactures de Mohammedia (SMMM), the holding company of Amcor Flexibles Mohammedia (AFM), from Amcor Group.
8 Apr
News > Private Equity > Deals
Amethis, a pan-African private equity firm, has acquired a majority stake in ADEMAT, a power security solutions provider in Côte d’Ivoire, from SPE Capital, marking a pivotal moment in the company’s development.
1 Apr
News > Private Equity > Deals
GIF Growth, a growth-stage investment vehicle of the Global Innovation Fund, has committed $2 million to East African fintech firm 4G Capital to support its expansion and lending activities among micro and small enterprises (MSEs).