The I&P Afrique Entrepreneurs 2 (IPAE 2) fund, managed by Investisseurs & Partenaires, an impact investment group dedicated to small and medium-sized enterprises in Sub-Saharan Africa, has added two new companies to its portfolio.
HAVAÍC has made a R6m follow-on investment in AURA, a South African SafeTech company.
HAVAIC has concluded an investment into Nairobi based Dukapay (trading as Tanda) in advance of a syndicated seed round of investment.
The Emerging Africa Infrastructure Fund (EAIF), a member of the Private Infrastructure Development Group (PIDG), has lent €28m to a €330m expansion of the Azito Energie gas-fired power station in Côte D’Ivoire.
African Infrastructure Investment Managers (AIIM) has acquired minority interests in gas assets in Nigeria majority-owned by Savannah Petroleum.
AfricInvest, a Pan-African private equity platform, has partnered with Masria Digital Payment (MDP) through its Maghreb Private Equity Fund IV.
The renewable energy holding managed by Swiss impact asset manager responsAbility has announced an equity investment in one of Malawi’s first solar projects.
Consonance Investment Managers, a private equity firm that invests in early-stage and growing businesses across sub-Saharan Africa, has invested an undisclosed amount in AFEX Commodities Exchange (AFEX), a market leading commodity exchange in Nigeria.
The Emerging Africa Infrastructure Fund (EAIF) has issued a $30m loan to Kenmare Resources as part of the financing of a $145m expansion at the company’s Moma Mine, on the north east coast of Mozambique.
DOB Equity, a Dutch family-backed impact investor in East Africa, has invested in Natural Extracts Industries (NEI), an integrated natural vanilla flavour manufacturer, based in Moshi, Tanzania.
Cepheus Growth Capital Partners has invested in Tabor Ceramics Products Share Company, Ethiopia’s domestic producer of ceramic products.
Ethos Private Equity together with Ethos Capital have partnered with Brait SE, providing a strong platform to maximise value through the realisation of assets in Brait’s portfolio, and returning capital to shareholders in the medium term.
Mediterrania Capital Partners has invested through its MC III Fund an undisclosed amount in Akdital Holding, which operates five clinics in Greater Casablanca, Morocco, with the objective of supporting its expansion plans.
Emerging Capital Partners (ECP) has partnered with three development finance institutions, Proparco (France), Finnfund (Finland), and IFU (Denmark), to support growth and development of higher education institutions on the African continent.
