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.
African Rainbow Capital (ARC), a black owned and controlled investment company that forms part of the Patrice Motsepe stable, has invested in a 29.9% share of CMB International, the listed holding company of independent investment banking and advisory firm Bravura.
BPE Partners, an Egypt based private equity firm, has partnered with Daikin Europe, a wholly-owned subsidiary of Japan-based air conditioning equipment manufacturer Daikin Industries, to establish Daikin Airconditioning Egypt.
Afinitas, an Africa focused investment company listed on the venture capital board of the Botswana Stock Exchange, has announced the proposed investment of $2.5m into Adventis Limited, a new Africa focused financial services company.
Zoona, an African financial technology company, has raised $15m in a second round of financing from the IFC – led investment consortium.
Kleoss Capital, a South African100% black owned and managed investment manager, has acquired a significant minority stake in Real Foods, a multi-brand food group.
African Rainbow Capital (ARC) has bought a 27.5% stake in a specialist investment manager Colourfield Liability Solutions for an undisclosed amount, marking its fifth investment in the financial services sector.
8 Miles, African Capital Alliance (ACA) and DEG, the German development finance institution, have jointly invested in Beloxxi Industries, a market leading Nigerian biscuit manufacturing company.
Royal Bafokeng Holdings (RBH), a South African community-based investment company, has agreed to acquire infrastructure and energy assets from Aveng Capital Partners, for a cash consideration of R860m ($63.8m).
