The SME Debt Fund, managed by Sanlam Investments, has recently announced a second close of a further R100m and committed R110m in debt relief capital to three South African businesses.
Helios Investment Partners has partnered with BİM BİRLEŞİK MAĞAZALAR (BIM), a discount grocery retailer in Turkey, to invest in BIM’s Moroccan business through the acquisition of a 35% stake valuing the Company over $200m.
FMO, the Dutch development bank, and Cathay AfricInvest Innovation, have co-invested in Aerobotics, a South African AgriTech startup developing intelligent tools to the feed the world.
SouthBridge Group, a pan-African financial advisory and investment firm and the official financial advisor of the Togolese government, has concluded two transactions with Olam International and its subsidiary Arise Special Economic Zone, in the Republic of Togo.
InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), has completed an approximately $27m equity investment into InfraCredit, a specialised local currency infrastructure credit guarantee institution based in Lagos, Nigeria.
Investisseurs & Partenaires (I&P), a pan-African impact investor based in Paris, through its fund I&P Afrique Entrepreneurs 2, has participated in a pre-series A investment round in StarNews, Africa’s fastest-growing mobile content platform.
Convergence Partners has acquired an additional $5m interest in ChannelVAS (CVAS), a fintech provider of mobile financial services across sub-Saharan Africa and beyond. Convergence Partners exercised preferential and exclusive rights to acquire the stake as a result of an intra-consortium rebalancing of the holdings of another member of the Ethos consortium through which Convergence Partners is partially invested.
Inside Capital has invested $3.1m in the Mauritian recyclable waste collector company WeCycle, to drive its local and regional expansion.
EXEO Capital has invested via its Food and Agribusiness fund, Agri-Vie Fund II, in Glacier Products – the producers of Kenya’s renowned ice-cream and chocolate brand, ‘Dairyland’.
Climate Fund Managers (CFM) has agreed to co-finance and co-develop a portfolio of solar-powered desalination installations, turning brackish groundwater into drinking water.
LCP Fund II (LCP), managed by Lorax Capital Partners, has acquired a significant minority stake in DSQ Group, one of the leading end-to-end loyalty and rewards solutions providers in the CEMEA region.
Edge Growth through its Coca-Cola Beverages South Africa (CCBSA) Fund has invested an undisclosed amount in Bashumi Instruments & Control Services (BICS), a South African 100% black Female owned company.
AfricInvest, a Pan-African mid-cap-focused private equity firm, has acquired a minority stake in Fidelity Bank Ghana.
A.P. Moller Capital has through the Africa Infrastructure Fund 1 has acquitred a 49% shareholding in Casablanca-based grain terminal operator Mass Céréales al Maghreb (MCM).
