Musa’s Housing platform, the Skyward Group, and its partners has invested R50m in a township called Lehae, situated in the South of Johannesburg.
TPG Growth has led a Series A-2 financing round in Gro Intelligence, the New York and Nairobi-based agricultural data analytics business used by investment professionals, major corporations, governments and international organizations around the world.
HAVAÍC, Growth Grid Venture Capital Partners and a consortium of individuals have invested R5m in Digital Cabinet.
The Carlyle Group has agreed to acquire the NOSA Group, a South African provider of occupational health and safety services, from Johannesburg Stock Exchange-listed MICROmega Holdings for approximately R750m.
Investec Asset Management Private Equity and RMB Ventures have acquired Kamoso, a Botswana-based retailer and consumer goods company.
Old Mutual Alternative Investments (OMAI), Africa’s largest private alternative investment manager, has acquired a 50% interest in Faircape Life Right Holdings for an undisclosed sum.
Andela, a technology start-up to train coders in the African continent, has raised $40m in a Series C round led by the pan-African venture firm CRE Venture Capital.
KawiSafi Ventures, Omidyar Network, Fenway Summer Ventures and a number of American fintech angel investors have invested $6.5m in Lendable in a Series A investment round.
CI Capital Holding has reached an agreement with Gemini Egypt Holding for Financial Investments, an investment vehicle owned by Naguib Sawiris, to acquire Gemini’s majority stake in Reefy.
A responsAbility Investments-managed private equity company has invested in Fawry, a mobile payments platform in Egypt.
The Namibian Mid-Cap Fund (NMCF) has acquired 100% of the shareholding in Swanib Cables from Powertech International Holdings, part of the JSE listed Altron Group.
RMB Corvest, RMB Ventures and Ethos Mid Market Fund have, alongside management, acquired 100% of Kevro, Africa’s largest value-add supplier of corporate and promotional apparel, and other brandable products.
The Atlantic Coast Regional Fund (ACRF), managed by Advanced Finance and Investment Group (AFIG Funds), has made a follow-on investment in Primrose Properties Ghana (PPG).
AfricInvest Fund III has finalized an agreement to invest in Britam Holdings, one of the leading financial services groups in East Africa.
