KNF Ventures, a SARS-approved section 12J venture capital company in South Africa, has invested in Quicket, an online ticketing services solution scale-up company.
Accion Venture Lab, Newid Capital and several angel investors have participated in a $1.25m seed funding round in Lidya, a fintech platform based in Nigeria.
8 Miles, a pan-African private equity firm, has invested in Blue Skies, a UK-incorporated business with operations in several African countries that is the leader in the production of fresh-cut tropical fruit for European supermarkets.
Ascent Rift Valley Fund has invested an undisclosed amount in Kisumu Concrete Products (KCP), a leading construction materials manufacturer in Kenya.
Assala Energy, a portfolio company owned by global alternative asset manager The Carlyle Group, has acquired Shell’s onshore assets in Gabon for $587m.
Pargo, South Africa’s high tech logistics and fulfillment company, has secured a new equity investment of over R15m in a funding round led by SAAD Investment Holdings.
Mara Delta, a real estate investment fund, has acquired a 44.42% stake in Beachcomber Hospitality Investments (BHI), a subsidiary of the New Mauritius Hotels Group (NMH).
Kleoss Capital, a South African private equity firm, has bought an undisclosed stake in one of the largest debt counselling firms in South Africa, Debt Rescue.
Sahel Capital and CardinalStone Capital Advisers (CCA), a Nigerian private equity fund manager, have agreed to invest in Crest Agro Products, an integrated cassava processor based in Kogi State, Nigeria.
CDC Group, the UK’s development finance institution, and IFC, a member of the World Bank Group, have announced a $35m investment in Africa Logistics Properties (ALP).
DEG, one of the largest European development financiers, has invested ZAR100m in Retailability, a Southern African retail chain, which targets customers in the low to middle income bracket.
TA Associates, a global growth private equity firm, has acquired a minority equity interest in Interswitch, an Africa-focused integrated digital payments and commerce company.
Apis Growth Fund I, a private equity fund managed by Apis Partners, has acquired a non-controlling minority stake in Trans-Fast Remittance, a global payments company.
IVP alongside Ribbit Capital and others have injected more than $30m in Series B financing round in Tala, a mobile technology and data science company.
