Injaro Investment Advisors, a Ghanaian private capital fund manager, has announced the acquisition by its fund, Injaro Ghana Venture Capital Fund (IGVCF) of Outdoor Holding Limited (OHL), which controls a majority stake in DDP Outdoor Ltd (‘DDP’).
Renew Capital recently made an investment in the B2B platform Farm to Feed, which targets unused produce, enhancing sustainability and farmer livelihoods.
Admaius Capital Partners, an Africa focused private equity investor operating across several growth markets, has announced a majority equity investment into TRES Infrastructure, the only local licensed tower owner, operator, and developer of shared telecommunications infrastructure in Rwanda.
Sahel Capital, a prominent investor in the food and agriculture sector in sub-Sahara Africa, has successfully approved a $2.4m working capital loan from its Social Enterprise Fund for Agriculture in Africa (SEFAA) facility.
Africa50, Oikocredit, Injaro, Verdant Capital Hybrid Fund, and I&P, have invested in Zeepay Ghana, a fast-growing payment infrastructure company with a footprint in more than 20 countries globally.
Vantage Capital has made a R346m investment into Procera Group, a South African business process outsourcing (BPO) services provider serving both South African and international clients.
Actis together with Royal Bafokeng Holdings as its empowerment partner, has entered into an agreement to acquire a 100% stake in Swiftnet, a telecom tower portfolio in South Africa, from Telkom for an Enterprise Value of R6.75bn (c.$355m).
InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), has signed an agreement with Savant Group, committing $12m to scale SunCulture’s solar irrigation offering across sub-Saharan Africa.
Uber alongside existing investors Mubadala, The Latest Ventures, Africinvest, Palm Drive Capital, Triatlum Advisors AG, and Future Africa, have invested $100m in a Series B funding round in Moove, a global mobility fintech that democratises access to vehicle ownership for mobility entrepreneurs, valuing the company at $750m.
African Infrastructure Investment Managers (AIIM) has led an investment consortium comprising STOA, an impact fund in infrastructure and energy dedicated to developing and emerging markets, and Thebe Investment Corporation, to acquire Octotel, a South African fibre network operator, from Actis, a global investor in sustainable infrastructure.
Aruwa Capital Management, an early-stage growth equity and gender lens fund investing in Nigeria and Ghana, has announced a $1.5m investment in MDaaS Global, a modern, tech-enabled healthcare company enabling clinically underserved communities, access to quality and affordable healthcare and diagnostic services across Africa.
Adenia Partners, a private equity firm that has been making responsible and sustainable investments in Africa for over 20 years, has signed an agreement with Air Liquide, world leader in industrial and medical gases, for the acquisition of 12 of its subsidiaries in West and Central Africa and the Indian Ocean.
Capria Ventures, a Global South specialist investing in applied Generative AI, has led a $2.95 investment round in BFREE, Africa’s ethical credit manager platform.
Verod, a prominent African investment management firm specialising in private equity and venture capital, has invested in i-Fitness, West Africa’s largest and fastest-growing fitness chain.
