HAVAIC Limited Partners, the venture capital arm of HAVAIC Holdings South Africa, has invested in Digital Cabinet, a cloud solutions and digital post technology company, by way of a convertible note instrument.
Oando, Nigeria’s indigenous energy group, listed on both the Nigerian and Johannesburg Stock Exchange, has announced a $210m recapitalization of its downstream operations by HV Investments II B.V., a joint venture owned by Helios Investment Partners and the Vitol Group.
TLG Credit Opportunities Fund (COF) has invested an undisclosed amount in Homestrings, a diaspora crowdfunding platform for frontier and emerging markets.
WDB Investment Holdings and Grovest, South Africa’s first venture capital company, have invested in Seed Engine, an ICT accelerator that equips entrepreneurs with the skills they need to create, grow and build their businesses.
Vantage Capital, Africa’s largest mezzanine fund manager, has provided a R200m($13.7m) expansion capital facility to New GX Capital, a 100% black and family owned investment company.
Wendel, a French investment company, has announced its first investment in the African shopping malls sector by acquiring a 40% stake in SGI Africa, alongside the CFAO group.
Angola Capital Investments (ACI), an international investment firm headquartered in Angola, has announced a major investment through one of their major holding companies Bluoshen, in Hotel Casa Rosa.
RMB Holdings (RMH) has acquired a 34% stake in urban renewal property company, Propertuity Development Company, a South African urban renewal group.
The Private Equity team at Nedbank Corporate and Investment Banking (CIB) has become a 25% shareholder in Comsol Networks, alongside existing shareholders Convergence Partners and the management team of Comsol.
Vantage Capital, Africa’s largest mezzanine fund manager, has disbursed the second and final tranche of a R250m ($17m) expansion capital facility to Vumatel.
Development Partners International (DPI), a $1.1bn Africa-focused private equity firm, has committed around 36% of its second private equity fund, ADP II, according to Runa Alam, CEO and co-founder.
Phatisa has invested in Torre Equipment Africa (TEA), a pan-African equipment distributor with operations in Côte d’Ivoire, Ghana, Liberia, Sierra Leone, Cameroon and Botswana, among others.
Yellowwoods Capital Holdings has acquired a significant shareholding in DataProphet, a Cape Town-based machine learning startup.
Injaro Agricultural Capital Holdings (IACH), through its Ghanaian subsidiary Injaro Agricultural Venture Capital (IAVC), has invested in Gold Coast Fruits (GCF), a Ghanaian pineapple exporter based in Accra.
