LeapFrog Investments has invested in Pyramid Group, the largest specialty distributor for cardiac and orthopaedic equipment in East Africa.
Development Partners International (DPI), has invested through its African Development Partners II (ADP II), in Moroccan irrigation systems and solutions business, Compagnie Marocaine de Goutte à goutte et de Pompage (CMGP).
Futuregrowth Asset Management has recently concluded an investment in the Impact Bond Innovation Fund (IBIF), a South African outcome-based financing mechanism that seeks to improve early childhood learning and development (ECD) outcomes in the Western Cape.
Helios Investment Partners has acquired a 76% stake in TPAY Mobile, a fast growing direct carrier billing (DCB) provider in the Middle East and North Africa region from A15, a tech investment fund based in Egypt.
The Carlyle Group has completed the acquisition of a majority stake in AK Life Sciences (Abacus), a pharmaceutical company in East Africa.
Goldman Sachs has led a $52m investment round in JUMO, with participation from other leading investors including Proparco, Finnfund, Vostok Emerging Finance, Gemcorp Capital, and LeapFrog Investments.
Harith General Partners has expanded its telecoms portfolio with a $24.1m investment in Open Connect, Malawi’s largest and only redundant fibre network provider to the domestic market.
Wamda Capital, KISP Ventures, and Raed Ventures has backed Aqarmap, an online real estate marketplace in Egypt.
Futuregrowth Asset Management has taken part in the second round of investor fund raising for Yoco, an innovative, fast growing enterprise in South Africa.
Development Partners International (DPI) has invested $45m for a significant minority stake in MNT Investments, the holding company for Mashroey and Tasaheel, market leaders in the consumer finance and microfinance sectors in Egypt.
African Infrastructure Investment Managers (AIIM) has acquired through its IDEAS Managed Fund stakes in nine new solar and wind power plants in South Africa.
The Emerging Africa Infrastructure Fund (EAIF) has announced financial close of its 11-year $35m loan to Indorama Eleme Fertilizer & Chemicals (IEFCL).
Vantage GreenX Fund Managers has provided R2.05bn of funding to a combination of six solar and wind energy projects with a combined capacity of 433MW.
Globeleq, and independent power producer in Africa, has agreed to acquire a majority stake in renewable energy projects in South Africa from global alternative asset manager Brookfield Asset Management.
