Futuregrowth invests in GPF
Futuregrowth Asset Management has committed R250m of senior debt to the Gauteng Partnership Fund (GPF), which will be used to fund developments in the student housing market in Johannesburg.
Futuregrowth Asset Management has committed R250m of senior debt to the Gauteng Partnership Fund (GPF), which will be used to fund developments in the student housing market in Johannesburg.
EFG Hermes’s Private Equity Division’s K-12 education vehicle has entered into definite agreements with TMG to acquire a portfolio of schools in an EGP1bn investment.
LeapFrog Investments has invested an undisclosed sum in ARM Pension Managers, one of the largest pensions fund administrator (PFA) in Nigeria with about $1.8bn in funds under management.
Àrgentil Capital Partners has acquired a 20% stake in Tempo Housing Nigeria, a Nigeria based developer of innovative housing solutions.
Old Mutual Private Equity (OMPE), one of the largest and most established private equity players in South Africa, has acquired a 50% interest in Medhold Group (Medhold), a prominent end-to-end supplier of world-class medical devices.
HAVAÍC, a South African investment and advisory firm, has lead the first external equity investment in AURA, and has advanced the first tranche of R6m.
AfricInvest, pan-African mid-cap focused private equity firm, has finalized its agreement to invest KES5.7bn ($55m) in Britam Holdings, one of the leading financial services groups in East Africa.
EXEO Capital has invested $6.4m into Capital Fisheries, a Zambian food distributor that specialises in the cold-chain distribution of animal proteins.
The Rise Fund, a global impact investing fund managed by growth equity platform TPG Growth, has led a $47.5m Series C for Cellulant, an African digital payments provider
One Thousand & One Voices (1K1V), a private family capital fund backed exclusively by families from around the globe, has invested in Higher Ed Partners South Africa (HEPSA), a South African online education company.
Moringa, a private equity impact investment fund specialized in agroforestry projects in Sub-Saharan Africa and Latin America, has invested in Jus Délice, a Togolese company developing a juice processing factory supplied by a large network of organic producers who cultivate their fields according to organic practices.
AfricInvest and Amethis have announced a minority equity investment in CFG Bank, a pioneering investment bank which is now extending its activities to become a universal bank.
Partech’s recently launched Africa Fund has led a $3m Series A round in TradeDepot, the SaaS platform for FMCG distribution in Africa.
Orange Digital Ventures Africa, the Orange investment fund’s new initiative for Africa, has announced its first investment, helping Africa’s Talking to raise $8.6m, alongside the IFC World Bank and Social Capital.