The Carlyle Group, a global alternative asset manager, has invested in Mazarine Energy, an upstream oil and gas company with existing assets in Tunisia.
Zaad Holdings, a wholly owned subsidiary of Zeder, which serves as its focused platform for operationally complimentary investments in the strategic agri-inputs sector, has acquired a 49% stake in the Farm-Ag Group.
XSML via its African Rivers Fund (ARF) has invested an undisclosed amount in B.I.S., a Congolese manufacturer of generic pharmaceutical products.
Singularity Investments, a private investment office primarily focused on investment opportunities in Africa and North America, has invested an undisclosed sum in Sliide Airtime, a privately-held technology company with offices in Lagos and London.
African Rivers Fund (ARF), managed by the Dutch fund manager XSML, has made its first investment in Institut Aurora, an education provider in the Democratic Republic of the Congo.
Convergence Partners and Stockdale Street have acquired 100% of e4, a South African technology company with an international footprint in Africa, Europe, the US and Australia.
The BDO Development Capital Fund, has invested €3m in Obelisk Group, a specialist in service provision to the telecommunications and utilities sectors, to drive further expansion in South Africa and the UK.
8 Miles, an independent private equity fund management business, has invested in Verde Beef Processing, an agribusiness that specializes in producing premium beef in Adami Tulu, Oromia in Ethiopia.
Catalyst Principal Partners, an East Africa focused private equity firm, has invested in Orbit Chemical Industries, a Kenyan manufacturer providing end-to- end manufacturing production for household and personal care products, industrial chemicals and agro-chemicals.
Vantage Capital, Africa’s largest mezzanine fund manager, has provided a debenture facility of N80m ($5.52m) to United Africa Group (UAG), an established hospitality and property-owning group in Namibia.
QG Africa Hotel LP, a Mauritius-based fund managed by QG Investments Africa Management, has acquired 100% interest in the InterContinental Hotel Lusaka from Kingdom Hotel Investments for $35.9m.
Singularity Investments, a Nigeria-based investment office specializing in high growth companies operating in Africa’s technology sector, has invested an undisclosed amount in Asoko Insight, a provider of corporate information on African growth markets.
Kibo Capital Partners, a manager of regional private equity funds, has invested an undisclosed amount in General Cargo Group, a provider of logistics services in Kenya.
PCM Capital Partners has invested €5m ($5.64m) in Surfline Communications, a provider of 4G LTE data and other related services to households, SMEs and corporate institutions in Ghana.
