Capital Seven, a Botswana based private equity firm, has announced its plans to acquire a 75% stake in Trust Holdings, a financial services group in Zimbabwe.
The Carlyle Group has agreed to acquire a majority share of Amrod, a fast-growing supplier of promotional products and clothing, serving distributors in South Africa and neighboring countries.
Fonds de Co-Localisation Franco-Tunisien (FCFT), the €20m cross-border midcap fund established in July 2016 to invest in growth transactions in France and Tunisia, has announced its first investments.
Frontier Digital Ventures has invested $1.2m in a Series A funding round in Nigerian real estate classifieds start-up ToLet.com.ng.
Apis Partners, a private equity asset manager focused on financial services in the growth markets of Africa and Asia, has invested in the Direct Pay Online Group (DPO Group), an online payments processor in East Africa.
Adenia Partners, a private equity fund manager focused on growth opportunities and mid-cap buyouts in Sub-Saharan Africa, has announced a majority investment in Ademat, a leading business service company in Côte d’Ivoire active in the power sector.
Helios Investment Partners has signed a $115.8m agreement with Oando to acquire 49% of the voting rights in Oando’s midstream business subsidiary, Oando Gas and Power Limited (OGP).
Lucid Ventures, a venture capital company launched earlier this year, has announced its first investment by acquiring a 20% stake in Jamie Oliver's signature restaurant chain 'Jamie's Italian' in South Africa.
Conduit Capital, a South African investment holding company, has acquired the entire issued share capital in Snowball Wealth and Midbrook Lane.
Development Partners International (DPI), an Africa-focused private equity firm with $1.1bn under management, has announced a $100m investment through its ADP II Fund in Atlantic Business International (ABI).
Eos Capital, a Namibian private equity fund manager that is managing the Allegrow Fund, has acquired 35% of the ordinary share capital of Fabupharm, the only pharmaceutical manufacturing plant in Namibia.
Actis has acquired a meaningful stake in Medis Group, a prominent branded generic pharmaceuticals business in Tunisia and Algeria, from AfricInvest and the founding Boujbel family.
Invenfin, the venture and growth capital division of Remgro, has acquired a 30% stake in Dynamic Commodities, a South African specialist producer and exporter of a range of frozen fruit-based delicacies.
Safaricom's Spark Venture Fund has made a strategic investment in mSurvey, a global mobile-first research platform leveraging SMS and mobile messaging technology to simplify access to credible, on-demand data from the emerging world.
