EXEO Capital has acquired a majority stake in a chemical synthesis company, Chemical Process Technologies (CPT).
Kalon Venture Partners, Hlayisani Capital, Tritech Global and 4Decades Capital have invested R16.3m in a seed extension round in GoMetro, a logistics-tech platform.
Samurai Incubate and Consonance Investment have co-led a $1m pre-seed funding round in Norebase, a trade technology company building a single platform for businesses to start, scale and operate in any African country.
BluePeak Private Capital has agreed to invest up to $15m in Africure, a pan-African manufacturer and distributor of quality pharmaceutical goods.
The Women Entrepreneurs Finance Initiative (We-Fi) has announced a new round of funding under which the African Development Bank’s Africa Digital Financial Inclusion Facility (ADFI) will receive $15m to develop and extend digital financial solutions to women-owned small and medium businesses in Cameroon, Egypt, Kenya, Mozambique and Nigeria.
One Thousand & One Voices (1K1V), in partnership with diversified FinTech investment holding company Crossfin Technology Holdings (Crossfin) and investor Isaac Mophatlane, have announced the completion of the Sybrin Group of Companies (Sybrin) transaction.
BluePeak Private Capital has invested $20m in ieng, a pan-African provider of engineering and construction, operations and maintenance, and hybrid power solutions to Africa’s burgeoning telecom sector.
African Infrastructure Investment Managers (AIIM) and the Mokobela-Shataki consortium have completed a ZAR1.6bn takeover of The Logistics Group (TLG), an integrated logistics company operates in Southern Africa with services across port, rail, warehousing and digital transport logistics.
Old Mutual Private Equity (OMPE), a division of Old Mutual Alternative Investments, has agreed to acquire 100% of Long4Life and delist the company.
Verod Capital Management via its Verod Capital Growth Fund III has completed the acquisition of a significant minority equity stake in Medplus, the largest Nigerian pharmaceutical retail business.
Kasada Capital Management has acquired the 120-key Cape Grace hotel in Cape Town, South Africa.
4DX Ventures with participation from Darwazah Capital, Golden Palm Investments, P1 Ventures, has led a $3m seed funding round in Cairo-headquartered daily fantasy football platform, Eksab.
4DX Ventures has led a $3m pre-seed funding round in Tushop, a Kenyan social-commerce platform that enables communities in Nairobi to buy groceries more cheaply with free delivery.
Vantage Capital, Africa’s largest mezzanine fund manager, has provided $10m of mezzanine debt funding to Compass Capital, a Egyptian private equity firm, to acquire six grade A office buildings in East Cairo.
