15 Sep
News > Private Equity > Deals
Kredete, a fintech company focused on helping African immigrants build credit and access financial services, has raised a $22m Series A funding round led by AfricInvest via their Cathay AfricInvest Innovation Fund (CAIF) and Financial Inclusion Vehicle (FIVE) and Partech, with participation from Polymorphic Capital.
18 Aug
News > Private Equity > Deals
Bosquet Investments, the private investment vehicle of Alain Nkontchou, has acquired a 21.22% stake in Ecobank Transnational Incorporated (ETI) from Nedbank Group. This transaction remains subject to regulatory approvals.
13 Aug
News > Private Equity > Deals
Creation Capital, a specialist private credit asset manager, has closed a R75m private debt investment into Quest Capital Solutions, an SME non-bank on-lender in the logistics sector.
1 Aug
News > Private Equity > Deals
Mediterrania Capital Partners (MCP), a private equity firm focused on growth investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, has invested in Dislog Dispositifs Médicaux (DDM) through a DM540 million capital increase together with CDG Invest Growth.
30 Jul
News > Private Equity > Deals
Mergence Investment Managers has announced an additional R60m investment in Solarise Africa, a sustainable energy solutions company operating across the continent.
9 Jul
News > Private Equity > Deals
Goodwell Investments and Alitheia Capital have announced an undisclosed investment in Hinckley E-Waste Recycling, a Nigeria-based recycler, through uMunthu II, a fund providing smart equity to early growth stage companies throughout Africa.
8 Jul
News > Private Equity > Deals
Kholo Capital Mezzanine Debt Fund I has provided a R200m mezzanine debt growth funding facility into Bayport Securitisation to support the roll out of the Bayport SA Financial Wellness Solutions Programme.
8 Jul
News > Private Equity > Deals
The Credit Fund of the African Continental Free Trade Area (AfCFTA) Adjustment Fund has successfully closed its first investment, committing $10m to Telecel Global Services, through a senior secured amortising loan.
7 Jul
News > Private Equity > Deals
Development Partners International (DPI), through funds it advises, and co-investors, have signed a binding agreement for a $190m minority stake investment in Alameda Healthcare, Egypt’s private healthcare group.
2 Jul
News > Private Equity > Deals
Lagata, a specialist in forestry investment, has led a new funding round into Miro, the sustainable forestry and plywood manufacturing company which employs over 4,000 people in Sierre Leone and Ghana
20 Jun
News > Private Equity > Deals
AfricInvest, through its Cathay AfricInvest Innovation Fund (CAIF), has led a R200m funding round for Nile.ag, an agricultural technology platform, with a co-investment from FMO, the Dutch entrepreneurial development bank, as well as renewed support from existing investor, Platform Investment Partners.
20 Jun
News > Private Equity > Deals
Nedbank CIB and Investec Investment Banking have provided a strategic funding package comprising equity and structured debt to Master Plastics, a dynamic Group of predominantly food and agricultural-focused businesses.
9 Jun
News > Private Equity > Deals
Vital Capital, a high-performing impact investor focused on addressing critical needs in growth markets, has made a strategic investment in Vastpoint to help scale its efforts in transforming land use, ownership and management in some of the world’s most vulnerable regions.
9 Jun
News > Private Equity > Deals
A consortium of investors, including RDF Ghana, Sahel Capital, and ABSA Bank, have invested over $1m in Mariseth Farms, a women-owned agribusiness in Ghana.
