Goodwell Investments has agreed to invest $2m in fast growing on-demand delivery platform Sendy in East Africa.
The Emerging Africa Infrastructure Fund (EAIF) has completed its first project in affordable housing in Africa, by investing KES1.3bn ($12.7m) in a privately placed note issue in Kenya that raised a total of KES4.3bn.
Adenia Partners, a private equity firm investing in Sub-Saharan Africa, has completed a majority investment in Quick Mart.
Verod Capital Management has received regulatory approvals for its acquisition of 100% of the shareholding of Metropolitan Life Insurance Nigeria from South African-based Momentum Metropolitan Holdings.
Flourish Ventures, a venture company of The Omidyar Group, the partners of DST Global, and existing seed investors Newfund, Speedinvest, and Le Studio VC, have invested €10m in FairMoney in a Series A investment round.
Development Partners International (DPI), a pan-African focused private equity firm, and Convergence Partners have co-invested in Channel VAS, a fintech provider of mobile financial and airtime credit services operating in Africa, Asia and the Middle East.
South African based venture capital firm Vunani Capital has announced its recent investment into SnapnSave through the Vunani Fintech Fund.
Amethis, an investment fund manager dedicated to the African continent, has acquired a stake in VLH, the hospitality subsidiary of Rogers Group, a listed company on the Stock Exchange of Mauritius.
The Carlyle Group, a global investment firm with $223bn of assets under management, has acquired a majority stake in IsoMetrix, an Environmental, Health and Safety (EHS) software vendor, through their $698m Carlyle Africa (Buyout) Fund.
ElectriFI, an impact investment facility, investing in early stage private companies and projects, has invested $5m in PEG Africa, a West Africa-based pay-as-you-go (PAYG) solar company.
Pearl Capital Partners (PCP), though the Yield Uganda Investment Fund, has announced its fifth investment in Uganda by making a commitment to invest UGX3.9bn to Raintree Farms, an agri-ceutical enterprise specialising in the production and processing of organic moringa.
Standard Bank, Africa’s largest bank, has led a $4m investment round in Nomanini, a fintech platform for the informal retail ecosystem.
Mitsubishi Corporation, a global integrated business enterprise headquartered in Japan, has led a $50m Series D funding round into BBOXX, a next generation utility company.
Goldman Sachs - led investment consortium has invested $20m in Nigeria-based freight logistics business Kobo360.
