Verod and Persistent in solar energy deal
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.
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.
Africa Healthcare Fund / Asia Africa Investment & Consulting (AAIC), an Africa focused healthcare investment firm, and Polaris Partners, a global venture capital firm, have invested in Africa Healthcare Network in a Series A investment round.
The Emerging Africa Infrastructure Fund (EAIF) has signed a $27m loan to Kikagati Power Company Ltd (KPCL), which is building a 14MW run-of-the-river hydro electricity generating station at Kikagati on the Kagera River.
NBK Capital Partners has advised on the acquisition of 100% of King Integrated American School (KIAS), located in the fast-growing King Mariut area within Alexandria, Egypt.
Development Partners International has invested $35m in International Facilities Services (IFS), a facilities management specialist in Africa.
GreatPoint Ventures and Samsung NEXT have invested $12m in a Series A round in RapidDeploy, a South African provider of cloud-based software for public safety officials that reduces emergency response times and improve situational awareness.
CDG Capital Private Equity has invested in SCE Chemicals, a manufacturer of specialty chemicals, fertilizers and other chemical inputs for industrial clients in Morocco and abroad.
Britam Asset Managers has invested Kes1.4bn in Everstrong Capital, a private equity firm that invests in energy assets in Africa, in a bid to diversify and grow its investment portfolio.
Gulf Capital, one of the largest and most active alternative asset management firms in the Middle East, has invested $22m in CHO Company, a fully-integrated global producer and exporter of organic and natural olive oil with headquarters based in Tunisia.
Berkshire Partners, a Boston-based investment firm, has agreed to acquire a majority stake in Teraco Data Environments, Africa’s provider of colocation datacentre infrastructure.
Agri-Vie Fund II, a private equity fund focused on food and agribusiness investments in Sub-Saharan Africa, has acquired a 36,5% stake in South African FMCG manufacturer, Jumbo Brands.
Adenia Partners, a private equity firm investing in Sub-Saharan Africa, has announced that on December 5 2018, it completed an investment in Tumaini Self Service through a special purpose vehicle, Sokoni Retail Kenya.