EAIF invests in Madagascar airports
The Emerging Africa Infrastructure Fund (EAIF) has backed upgrades and expansion of two Madagascar airports by providing a €25m senior debt over a 16-year term.
The Emerging Africa Infrastructure Fund (EAIF) has backed upgrades and expansion of two Madagascar airports by providing a €25m senior debt over a 16-year term.
EuroMena III, a private equity fund that invests in high growth local companies in the Middle East, North Africa and Sub-Saharan Africa, has acquired a minority stake in Retail Holding, a Moroccan retailer.
LeapFrog Investments, a profit-with-purpose investor in emerging markets, has invested $180m in Ghanaian financial services provider, Enterprise Group.
LeapFrog Investments has acquired an undisclosed stake in Cignifi, a big data platform that aims to extend financial inclusion to one billion emerging consumers.
XSML has invested an undisclosed sum in Maison Galaxy, a retail chain based in Kinshasa, DRC, known for its Shaina and Galaxy branded stores.
The Emerging Africa Infrastructure Fund (EAIF) has provided a €6.6m financing to Melec PowerGen (Matelec Group), the owner and operator of the Tobene power station in Senegal.
ABO Capital, an international investment firm headquartered in Angola, has purchased Complexo Escolar Privado Internacional, the Turkish school in Benfica, a neighbourhood in the Samba district, south of Luanda.
African Infrastructure Investment Managers (AIIM), through its AIIF3 fund, has acquired a 44% stake in Albatros Energy Mali.
The Emerging Africa Infrastructure Fund (EAIF) has signed a Participation Agreement with the IFC to provide a $16.9m B Loan, with a +16-year term, to Central Solar de Mocuba (CESOM), the private sector developer of the Mocuba solar farm in Northern Mozambique.
Rand Merchant Investment Holdings (RMI) and Nedbank Private Equity (NPE) have each acquired minority shareholding in SA fintech company Entersekt in a multi-million dollar transaction.
AfricInvest Private Equity Fund III has invested in International Community School (ICS), a private K-12 school in Ghana.
Africa Special Opportunities Capital (ASOC) Fund I, South Africa’s first dedicated distressed private equity fund, has recently concluded its first transaction by acquiring OptiCo.
Danone, together with the Abraaj Group has invested $25m in Fan Milk (Ghana), adding three new production lines to its factory in Accra.
Caleo Capital, an international wealth and asset management business, has recently invested in and partnered with Secha Capital, a patient capital impact investment holding company that invests in established FMCG and agribusiness SMES in South Africa.