Oasis Capital Ghana, an Accra-based private equity fund manager, has invested an undislosed stake in Legacy Girls College, a private girl’s high school operating in Ghana.
CDC Group has invested €46m in ONOMO Hotels, an African 3-star hotel platform targeting clients in the business segment.
Enko Education has announced its first debt raising for €1.5m with Oikocredit, a cooperative and social investment company based in the Netherlands.
Zaad Holdings, a subsidiary of Zeder, has entered into sale of shares agreements in terms of which it will acquire 100% of the issued shares in Hygrotech Properties.
The Abraaj Group, an investor operating in growth markets, has agrees to purchase, through its Funds, a significant minority stake in Société Nationale des Télécommunications (Tunisie Telecom), Tunisia’s largest telecom operator.
LeapFrog Investments, a dedicated equity investor in emerging markets, supporting fast-growth firms that deliver social impact alongside commercial returns, has led a Series C investment round in digital money transfer service WorldRemit.
Àrgentil Capital Partners has acquired a 49% stake in Chocolate City Lounge, a Nigerian based restaurant and lounge company.
Apis Growth Fund I has made a significant investment into Greenlight Planet Incorporated, a provider of off-grid solar products and financing to underserved rural populations across Africa and Asia.
Investec Asset Management, through its African private equity capability, has made a follow-on growth equity investment alongside its consortium partners into Mobisol, one of Africa’s leading providers of off-grid solar home systems (SHS).
HAVAÍC, the ASISA Enterprise Development Fund, and Growth Grid Venture Capital Partners, have invested R4.5m in RMed Online, South Africa’s largest online healthcare marketplace.
The Emerging Africa Infrastructure Fund (EAIF) has announced the financing for a large-scale water treatment facility in Rwanda.
XSML, the fund manager active in Central & East Africa, has announced its fifth investment in Uganda in Ecopharm Ltd.
Optimum Petroleum Development Ltd, a Nigerian based exploration, development and production company, has signed a financing term sheet of $850m with Milost Global.
Vantage Capital, Africa’s largest mezzanine fund manager, has provided $12.5m of funding to Purple Capital, a prominent Nigerian real estate company and financial service provider.
