African Alpha Investment Partners (AIIP) has backed SERS Ltd, an Africa focused equipment financing company based in Mauritius.
Amethis Finance has completed, together with the two other main shareholders of the company, WAEMGF and the Kadio-Morokro family, a capital increase of Petro Ivoire, a gas company in Ivory Coast.
Amadeus Capital Partners, a global technology investor, in partnership with MTN, a multinational telecommunications group, have invested $40m in Travelstart, an online travel agency in Africa.
AXA, a French multinational insurance and asset management group, has announced a €75m investment in Africa Internet Group (AIG), an e-commerce group in Africa, for an 8% stake of the company’s capital.
French media giant Canal+, together with existing investor Kinnevik AB, have invested $19m in Nigerian tech and entertainment company, iROKO.
Broadreach Private Equity alongside Grindrod Financial Services have acquired an equity stake in FS-Systems, an African systems integrator providing end-to-end fire & electronic security solutions.
LeapFrog Investments, a specialist investor in emerging markets has acquired a majority stake in UT Life Insurance Company, one of the key players in the life insurance sector in Ghana.
Ethos Private Equity has acquired a 65% stake in The Eazi Group, Africa's market leader in the rental, sale and servicing of work-at-height and material handling solutions, in a deal valued at R1.6bn.
Old Mutual Property (OMP), a division of Old Mutual, has invested KES6.4bn ($62.5m) in Two Rivers Lifestyle Centre (TRLC), the holding company for the Two Rivers Mall in Kenya.
The West Africa Emerging Markets Growth Fund (WAEMGF), managed by PCM Capital Partners, has invested in First Atlantic Bank Ghana, a full-scale commercial bank with over 20 years’ experience in the Ghanaian banking industry.
54 Capital, an Africa focused private equity firm, has invested $42m into Addis Pharmaceutical Factory (APF), Ethiopia’s leading pharmaceutical manufacturer.
Old Mutual Private Equity (OMPE), a division within Old Mutual Alternative Investments, has acquired a significant minority stake in In2food, a South African convenience food manufacturing business.
The Abraaj Group has acquired through its second generation North Africa Fund (ANAF II), a stake in Société d’Articles Hygiéniques (SAH), a leading producer of disposable household and personal care products for babies, women and adults in Tunisia.
The Abraaj Group has acquired through its second generation North Africa Fund (ANAF II), a significant minority stake in Cellulose Processing (CEPRO), a leading manufacturer and distributor of baby diapers and feminine sanitary pads in Algeria.
