Novastar has led a Series A financing round in iProcure, the largest agricultural supply chain platform in rural Africa, connecting smallholder farmers with the high quality agricultural inputs.
Kalon Venture Partners, formerly Grotech, and Smollan Group SA have acquired a minority stake in South Africa’s fastest growing shopping community, SnapnSave.
Enko Capital Managers has completed an investment to provide expansion capital to AMI Logistics, a Dubai-headquartered logistics business, with significant operations in East and Southern Africa.
The Pan African Infrastructure Development Fund 2 (PAIDF2) managed by Harith General Partners has invested in Sheltam Mauritius through a share subscription for 30% of the total equity in Sheltam for an undisclosed sum.
Mesa Fund 1, a global opportunity fund that is managed by Milost Global, has partnered with TC’s Energy Limited on a Ghanaian energy project.
Vakayi Capital, a venture capital firm that is the country’s only small and medium enterprise (SME) focused impact investor, alongside Capria Ventures and Lendahand has committed to invest about $375,000 to Homelux Property Development.
TA Associates, one of the largest and most experienced global growth private equity firms, has backed Inspired, a leading group of premium schools in Europe, Africa, Latin America and Australia.
Chinese ride-hailing company DiDi Chuxing is investing an undisclosed amount in Estonian online taxi firm Taxify to help it expand in Europe and Africa, where it has gained share in some cities against US player Uber.
Greycroft Partners and Green Visor Capital with participation from Y Combinator and Glynn Capital, have invested over $10m in Flutterwave in a Series A round of funding.
Wamda Capital - led investment consortium has invested $10.4m in Twiga Foods, a mobile-based food supply system for Kenya's urban retailers.
XSML, the fund manager active in Central & East Africa, has invested via its African Rivers Fund (ARF), in Qualicoff, an exporter of Ugandan coffee beans.
Helios Investment Partners has acquired 100% of Fertilizers and Inputs Holding, which holds Louis Dreyfus Company’s (LDC) Africa-based fertilizers and inputs operations.
Verod Capital Management, a West African private equity firm, has agreed to acquire a significant minority stake in Greensprings Educational Services.
Long4Life, an investment holding company, has acquired Sorbet Group of companies comprising health, beauty and grooming outlets situated across South Africa and with an emerging footprint in the UK.
