Allianz X, the digital investment unit of the Allianz Group, has invested in SafeBoda, a major African ride hailing platform that also offers various on-demand consumer and payment services, based in Kampala, Uganda.
APQ Global, an emerging markets investment firm with a focus on Asia, Latin America, Emerging Europe, the Middle East and Africa, has acquired New Markets Media & Intelligence.
The Mergence group has acquired a controlling stake in Cadiz Corporate Solutions, with the team rebranded under the name Mergence Corporate Solutions, with a presence in Johannesburg and Cape Town.
The German Investment and Asset Management company KGAL New Frontiers (KNF) has acquired a 22% share of SunErgy AS, a Norwegian company delivering innovative solar power infrastructure in emerging markets, through a private placement.
African Rainbow Capital (ARC) has acquired a majority shareholding in QED, the largest independent actuarial advisory business in Africa, for an undisclosed amount.
CDG Capital Private Equity, a growth equity investor in Morocco, has acquired a minority interest in Group Oncorad, a private healthcare provider focused on oncology and radiology.
Britam Financial Holdings has approved an anchor investment in Tiserin Capital, Africa’s first south-south private equity fund that seeks to transform local industries by weaving partnerships between African companies and leading companies from Emerging Asia and Latin America.
Helios Investment Partners has acquired a 25% residual interest in Axxela Ltd (held through Glover Gas & Power B.V.) from Oando, Nigeria’s indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchanges.
Partech has led a Series A investment round into Kudi, a Nigerian digital payment and collection for the cash economy company.
Algebra Ventures, Egypt’s venture capital fund, and Ezdehar Management, an investment management firm focused on high-growth Egyptian corporates, have invested in Dsquares, the region’s leading loyalty solutions provider.
Viola Fintech, a $120m cross-stage venture fund, has led a Series A investment round of $12m for Rewire, an innovative fintech company which has developed an international banking platform for migrants in close partnership with leading banks globally.
Verod Capital Management (Verod) and Persistent Energy (Persistent) have invested $10m in Daystar Power Group, a West-African electricity company specialising in the generation of solar energy.
Enko Capital Managers (ECM), managers of the Enko Africa Private Equity Fund (EAPEF), has provided expansion capital to Software Technologies Ltd (STL), a software solutions provider and IT training company.
One Thousand & One Voices (1K1V), a private family capital fund backed exclusively by industry-leading families from around the globe, has invested in Pay At Holdings Proprietary (Pay@), a payments aggregator based in Stellenbosch, South Africa.
