11 Oct
News > Private Equity > Deals
Harith General Partners, a Pan-African investor and developer of infrastructure projects across the continent, has agreed to acquire a significant stake (46%) in Mergence Investment Managers, an institutional fund manager with a strong 19-year track record and capability across both Private and Public markets within SADC.
10 Oct
News > Private Equity > Deals
Adenia Partners, a private markets investment firm committed to responsible investing and a sustainable Africa, has completed a majority investment in Enfin, a solar financing solutions provider serving commercial and industrial clients across South Africa.
21 Sep
News > Private Equity > Deals
The Vumela Enterprise Development Fund has invested R18m in Rentoza, South Africa’s first pure play subscription model for digital goods and appliances.
21 Sep
News > Private Equity > Deals
Kasada, an independent real estate private equity platform dedicated to the hospitality industry in Africa, has acquired the former Radisson Blu Hotel & Residence, the 214-room hotel in the center of Cape Town from a local real estate investment company.
6 Sep
News > Private Equity > Deals
Camco has announced commitments of nearly $25m in equity and debt funding for Spark Energy Services (Spark), its innovative financing platform supporting energy efficiency and captive solar initiatives in Sub-Saharan Africa’s commercial and industrial (C&I) sector.
5 Sep
News > Private Equity > Deals
Rand Merchant Bank (RMB) has acted as the sole arranger and lender to the GZ Industries Limited group (GZI) on a $47m and NGN5bn funding package, offering a tailored solution that positions the company favourably for growth and expansion in the future.
GZI is a manufacturer and producer of premium-quality aluminium cans for several leading global blue chip beverage brands in Africa and the largest pure play beverage packaging solutions provider in Africa.
30 Aug
News > Private Equity > Deals
A.P. Moller Capital has acquired Vector Logistics, a South Africa’s frozen infrastructure logistics operator, providing multi-temperature warehousing and distribution, supply chain intelligence, and sales and merchandising solutions.
22 Aug
News > Private Equity > Deals
African Infrastructure Investment Managers (AIIM) has agreed to invest $90m of growth equity through its latest pan-African infrastructure fund, African Infrastructure Investment Fund 4 (AIIF4) in N+ONE DATACENTERS (N+ONE), an African data center owner and operator.
10 Aug
News > Private Equity > Deals
Vista Group has agreed to acquire 61.4% of Oragroup S.A, the holding company of Orabank, from ECP, BIO, DEG, Proparco and Envol Afrique.
10 Aug
News > Private Equity > Deals
Moove, an African-born, global mobility fintech, has secured $76m in new funding, consisting of $28m in equity from new and existing investors, in a process led by Mubadala Investment Company (Mubadala), $10m venture debt from funds and accounts managed by BlackRock, and $38m in previously undisclosed funds raised during the prior twelve months.
3 Aug
News > Private Equity > Deals
Triodos Microfinance Fund and Triodos Fair Share Fund have provided a $10m loan to Bridge Taxi Finance in South Africa, which provides affordable credit facilities to entrepreneurs in the minibus taxi industry. The loan supports Bridge Taxi Finance in its growth ambition.
31 Jul
News > Private Equity > Deals
Sanlam Private Equity (SPE) has acquired a majority stake in Danny’s Auto Body Parts, a provider of a wide range of high quality aftermarket automotive parts and accessories for various vehicle types and models in South Africa and other sub-Saharan countries.
25 Jul
News > Private Equity > Deals
Vantage Capital, Africa’s largest mezzanine debt fund manager, has made an investment into Aquasantec International, a manufacturer and distributor of water tanks, pipes and related products, addressing water, sanitation and hygiene needs across the East African region.
25 Jul
News > Private Equity > Deals
CVE South Africa, an international Independent Power Producer (IPP) with offices in Cape Town and Johannesburg, has funded a large solar-plus-battery project that will provide clean power and load shedding relief to one of the oldest and largest technical high schools in South Africa.
