Tana Africa Capital, a Pan-African private equity firm, has invested through its second fund Tana Africa Capital II (TAC II) into Mabaret Al Asafra, a hospital operator in Alexandria, Egypt.
CDC Group has closed a co-investment with Novastar Ventures in mPharma, a tech-enabled healthcare company driving supply chain efficiencies for pharmaceutical products across Africa.
LionPride Investment Holdings, a Section 12J Venture Capital Company, via its LionPride Agility Fund has invested in BusyMed, a South African healthtech start-up.
Zoscales Partners, an investment firm, investing in private equity with impact in East Africa, has invested in Pioneer Diagnostics Center (PDC), a diagnostic imaging service provider in Ethiopia.
Inclusivity Solutions, a company that designs, builds, operates and innovates digital insurance solutions, has secured an additional $1.3m in its second tranche of its Series A round, bringing the total Series A round to $2.6m.
Pearl Capital Partners, which manages the Yield Uganda Investment Fund, has made a seventh investment of UGX 4.6bn (ca. $1.2m) in Naseco.
Members of RENEW's Impact Angel Network (IAN) have funded a third investment in Roadrunner Technology Solutions (Roadrunner), a partner of Deliver Addis in Addis Ababa, Ethiopia.
Cepheus Growth Capital Partners has invested in East African Lion Brands Manufacturing Share Company (Lion Brands), one of Ethiopia’s leading domestic manufacturers of fast moving consumer goods (FMCG) products in the home care, personal care and food segments.
Mediterrania Capital Partners has acquired an undisclosed stake in MetaMed, the largest platform of Diagnostic Imaging centres in Egypt, Jordan and Saudi Arabia.
Development Partners International (DPI), a Pan-African private equity firm, has invested in Société Industrielle des Conserves Alimentaires (SICAM), a food business and tomato processor in Tunisia.
Goodwell Investments, via its West Africa partner Alitheia Capital, has led a €3.9m Series A investment round in Tomato Jos, an agro-processing company focused on the local production of high-quality tomato paste for the African market.
The Clean Technology Fund (CTF), managed by the Climate Investment Funds (CIF), has extended a $10m concessional senior loan for development of the 50 MW Tulu Moyo Geothermal Power Plant project in Ethiopia.
East Africa Fruits, a Tanzanian company addressing food distribution challenges to improve efficiencies in the farm-to-market sector, has closed Series A equity funding totaling $2.05m.
DOB Equity, a Dutch family-backed impact investor in East Africa, has made a further investment in Moringa School, the technology learning institute based in Kenya.
