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.
A.P. Moller Capital is set to acquire a majority stake in Moroccan transportation and logistics company Globex Investissement through its Emerging Markets Infrastructure Fund II and APM Capital Morocco Fund.
Circle Ventures, the corporate venture arm of Circle Internet Group, has made a strategic investment in African payments technology company Flutterwave to support the expansion of USDC settlement across its payments platform.
The Emerging Africa & Asia Infrastructure Fund (EAAIF), a Private Infrastructure Development Group (PIDG) company managed by Ninety One, has provided a US$30 million senior secured corporate loan to Hassan Allam Utilities to support renewable energy development in Egypt.
Adenia Partners has acquired a majority stake in Minet Group, one of Africa’s largest independent insurance brokerage and risk advisory firms, from private equity investor Capitalworks.
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.
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.
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.
