AFIG Funds invests in FSDH Merchant Bank
Advanced Finance and Investment Group (AFIG Funds) through the Atlantic Coast Regional Fund (ACRF), has completed an investment in FSDH Merchant Bank, a financial services group in Nigeria.
Advanced Finance and Investment Group (AFIG Funds) through the Atlantic Coast Regional Fund (ACRF), has completed an investment in FSDH Merchant Bank, a financial services group in Nigeria.
Amethis healthcare platform Novamed has acquired Polyclinique Internationale de Ouagadougou (PCIO) in Burkina Faso, one of the largest private hospital in the country.
AFIG Fund II, a private equity fund managed by Advanced Finance & Investment Group (AFIG Funds), has invested in First Atlantic Bank, a Ghanaian financial institution, subject to regulatory approval.
RMI Investment Managers and Royal Investment Managers (RIM) will acquire a combined stake of up to 30% in Ethos Private Equity, AGF has learned.
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.