Actis makes real estate investments in Francophone Africa
Actis has strengthened presence in Francophone Africa with real estate developments in in Cameroon and Ivory Coast.
Actis has strengthened presence in Francophone Africa with real estate developments in in Cameroon and Ivory Coast.
Teranga Capital, an impact investment company dedicated to financing and supporting small and medium-sized entreprises in Senegal, has invested CFA185m ($336.7k) in Cogelec Energy, a provider of power services.
Apis Growth Fund I, a private equity fund managed by Apis, has agreed to invest in Bankers Warehouse, a provider of cash management solutions in Nigeria.
African Rainbow Capital, a fully black owned and controlled investment company, has acquired a 20% stake in fixed and mobile data network operator Rain.
LBO France in partnership with AfricInvest Europe, BNP Paribas Développement, BPI and Trocadéro Capital Partners, has acquired a majority stake in PIEX, a distributor of pharmaceutical and parapharmaceutical products in French-speaking Sub-Saharan Africa.
AgDevCo, a social impact investor and agribusiness project developer, has invested in Citrum SA to develop an export-focused banana operation owned and managed by a local team in Mozambique.
Amethis has acquired a minority stake in the Sodigaz Group, leader in the distribution of LPG bottled gas in Burkina Faso.
One Thousand & One Voices (1K1V), a US private capital fund backed exclusively by leading families, has made its third investment in Sub-Saharan Africa with the acquisition of a specialist aquaculture business headquartered in the Kingdom of Lesotho.
Secha Capital VCC, an approved section 12J company, has invested an undisclosed amount in Stoffelberg Biltong, South Africa’s fastest-growing biltong brand.
GFH Financial Group (GFH) has completed the acquisition of $1.2bn infrastructure portfolio in Africa and Middle East.
Long4Life has acquired the entire issued share capital of Inhle Beverages, a well-established contract packaging business in South Africa, for a maximum purchase consideration of R360m.
Sanlam Investment Holdings (SIH) has agreed to acquire a 30% stake in First World Trader Proprietary, trading as EasyEquities.
AgDevCo, a social impact agribusiness investor, has announced a $450,000 debt investment into Talian Company, an Ugandan milling business.
Index Ventures, with participation from Balderton Capital and AlphaCode, have invested R532m in a Series C equity round in Prodigy Finance, an international fintech platform.