Africa50 Invests $15m in Raya Data Center
Africa50, a pan-African infrastructure investor and asset manager, has made a $15m investment in Raya Data Center (RDC), a data center in Egypt.
Africa50, a pan-African infrastructure investor and asset manager, has made a $15m investment in Raya Data Center (RDC), a data center in Egypt.
Sanari Capital has announced a R87.5m ($5m) investment in Energenic Holdings, a holding company for a group of businesses in the energy solutions space.
Mergence Investment Managers (Lesotho) has acquired the remaining 51% of the shares in Sanlei Premium Trout, an integrated aquaculture producer of Africa’s largest sushi-grade trout.
Development Partners International’s African Development Partners (ADP) III fund, has led a $110m Series C investment in Moniepoint, Africa’s fastest-growing fintech company.
BasiGo, a provider of electric bus solutions in sub-Saharan Africa, has announced the successful closing of a $42m in new capital.
Kalon Venture Partners has invested an undisclosed sum in visionAI, a leader in artificial intelligence and computer vision solutions.
Vantage Capital, Africa’s largest mezzanine fund manager, has closed a €66m mezzanine investment in Camusat Holding, a telecommunications company.
Kineden Commodities, one of the largest Ivorian sustainable cocoa traders, has secured nearly €60m from a pool of international banks to cover part of its financing needs for the next three cocoa seasons.
General Atlantic, a global growth investor, has completed its acquisition of Actis, a global investor in sustainable infrastructure.
African Export-Import Bank (Afreximbank) has approved a $20.8m financing facility for Nigeria-based Starlink Global & Ideal to enable the company construct and operate a 30,000-metric tonne per annum cashew processing factory in Lagos.
Prosper Africa, a U.S. Presidential national security initiative aimed at strengthening the strategic and economic partnership between the U.S. and Africa, has committed $5m to ImpactA Global, a women-led Emerging Markets infrastructure debt investor.
AXIAN Group, through its subsidiary AXIAN Investment, has acquired a stake in WiASSUR, an insurance broker based in Côte d'Ivoire.
Vantage Capital, Africa’s largest mezzanine fund manager, has closed a €14m mezzanine investment in Société de Production Maraîchère Samir (SPMS) to part-fund the company’s investment programme.
Metier, through its Sustainable Capital International Fund II (SCII), has invested significant growth and replacement capital in Mertech Marine, the world leader in the recovery and recycling of out of service submarine telecommunications cables.