Mediterrania Capital Partners Invests in AFG Assurances
Mediterrania Capital Partners (MCP) has completed an investment in AFG Assurances, the insurance arm of Atlantic Group, to support its expansion across Francophone Africa.
Mediterrania Capital Partners (MCP) has completed an investment in AFG Assurances, the insurance arm of Atlantic Group, to support its expansion across Francophone Africa.
AAFC Group, a US-based investor in asset-backed financing solutions in emerging markets, has invested an additional $9.5 million in EASE, bringing the healthcare equipment financing platform's total equity funding to $24 million.
Circle Ventures, an affiliate of Circle Internet Group, has invested in CrissCross, a South African cross-border payments infrastructure provider operating across more than 30 African markets.
Helios Investment Partners has agreed to acquire up to a 49% stake in Stratton Africa Holdings Limited, the parent company of Mozambique's largest flour milling business, Merec Industries, from Invictus Investment.
Fortis Green Renewables Investment Management and Zeitinger Invest have made a growth equity investment in GRIPS Energy Group to support the expansion of commercial and industrial solar and battery storage projects across sub-Saharan Africa.
The Private Infrastructure Development Group (PIDG), through its equity investment solution InfraCo, has led a $26 million Series B investment in agritech platform East Africa Foods (EAF) as part of a broader $40 million capital raise.
South African corporate advisory and investment firm YW Capital and RMB have completed a R2.25 billion logistics property transaction involving Pepkor through IronOak, YW Capital’s industrial and logistics real estate investment platform.
Oxano Capital has invested in Mujuni Ventures, a Ugandan dairy processing and milk aggregation company, to support the expansion of its production capacity, cold-chain infrastructure and distribution network.
AfricInvest Small Cap Fund (ASCF) has made a minority equity investment in Spoon Consulting, a Mauritius-based AI and digital transformation company, to support its expansion across Africa and Europe.
CDG Invest Growth (CIG) and Mediterrania Capital Partners (MCP) have agreed to jointly acquire a stake in Société Nouvelle des Conduites d’Eau (SNCE), a Moroccan water infrastructure and equipment company.
Luxembourg-based corporate services group Fidence has acquired MITCO, a management company operating in Mauritius and the Seychelles, as part of its international expansion strategy.
GuarantCo, part of the Private Infrastructure Development Group (PIDG), has partnered with Symbiotics to arrange a $20 million debt facility for Robust International to finance a cashew processing plant and related infrastructure in Côte d’Ivoire.
Convergence Partners has led the Series C funding round for Yellow, a fintech providing asset-backed credit for smartphones and off-grid solar products across sub-Saharan Africa.
BluePeak Private Capital Fund II has made an initial $12 million investment in Monty Mobile International, the African hub of telecommunications and messaging provider Monty Mobile, as part of a broader financing partnership.