InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), has subscribed to the Acorn Holdings Real Estate Investment Trust (REIT) committing to support the delivery of affordable student accommodation in Nairobi.
Apis Partners via its Apis Growth Fund II and JG Summit Holdings, one of the largest and renowned conglomerates in the Philippines owned by the Gokongwei family, have invested R1.6bn in South Africa’s TymeBank.
Sanlam Private Equity (SPE) has acquired a majority stake in the Cavalier Group of Companies, a supplier of premium red meat products and the largest employer in the Cullinan region of Gauteng, South Africa for an undisclosed amount.
Metier, through its second Sustainable Capital Fund, has made a substantial investment into Energy Vision, to grow the provision of reliable, clean-energy, cost-effective and environmentally friendly solutions to powering telecom equipment for mobile network operators and telecom tower companies.
The Emerging Africa Infrastructure Fund (EAIF) has committed to buy up to $50m of a bond issue by Liquid Telecommunications, that is being launched on February 22, 2020.
Janus Continental Group (JCG), a conglomerate with businesses in the Energy, Hospitality and Real Estate sectors across three continents, has invested $13m in Highview Enterprises, a developer of liquid air long-duration energy storage systems, called the CRYOBatter.
Amethis has acquired a minority stake in Nouvelle Minoterie Africaine (NMA), a leading FMCG company in Senegal, which produces and distributes poultry and livestock feed, pasta and wheat flour.
Futuregrowth Development Equity Fund has acquired a significant stake in Thebe Tourism Group, alongside its senior management.
Resource Capital Fund VII (RCF VII) and Beedie Investments have provided a $35m convertible note facility with an interest rate of 8.5% to Orezone Gold Corporation to fully finance the construction of Bomboré Gold Project located in Burkina Faso, West Africa.
Kasada Capital Management has announced the first transaction made through its debut fund, Kasada Hospitality Fund, acquiring a portfolio of Sub-Saharan African Hotels from AccorInvest.
Owl Ventures, the largest venture capital fund in the world focused on the education technology market with over $1.2bn in assets under management, has led a $7.5m Series A round in uLesson, a Nigerian technology platform.
Àrgentil Capital Management has announced an undisclosed equity investment in Sygen Pharmaceuticals, an indigenous pharmaceutical company in Nigeria.
Intel Capital, Africa Internet Ventures, a strategic partnership between TPG Growth and EchoVC, and the family offices of Ronald Lauder and Eric Zinterhofer, have invested $85m in a Series B funding in Gro Intelligence.
Inspired Evolution, Norfund and Sagecom have participated in a $35m equity investment to establish and finance ESCOTEL, an energy services company currently focused on Sub-Saharan Africa countries.
