TriLinc Global Impact Fund, an impact investing fund that provides growth-stage loans and trade finance to established small and medium enterprises (SMEs) in developing economies, has recently approved $6.42m in trade finance transactions to companies in Namibia and South Africa.
The Pan African Housing Fund (PAHF), managed by Phatisa, has partnered with Kigali Batsinda Estate to develop a new residential housing complex in Kagugu Cell, Kinyinya Sector, Gasabo District, Kigali City, Rwanda.
Ascent Rift Valley Fund (ARVF), an SME focused private equity fund investor, has invested in Chims Africa, a mobile money operator in Uganda.
The Abraaj Group has invested in Tiba Group, an education service provider in Egypt, through its second generation North Africa Fund (ANAF II).
Investisseurs & Partenaires (I&P;), an impact investment group dedicated to African SMEs, has acquired a 35% equity stake in SCRIMAD Group, an agribusiness company located in Madagascar, via its I&P; Afrique Entrepreneurs Fund (IPAE).
Kagiso Tiso Holdings (KTH), through its media subsidiary Kagiso Media, has acquired 37% of Global Media Alliance Broadcasting Company (GMABC), a broadcasting company in Ghana.
TPG/Satya, the partnership between TPG Growth and Satya Capital focused on investment in Africa, has made its first move into Africa by acquiring a minority stake in Ecoles Yassamine, the largest private school network in Morocco.
The Pan African Housing Fund (PAHF), managed by Phatisa, has entered into an agreement with Tamarind Properties to develop 140 single-family homes in a residential development in Nakuru Town, Kenya.
Injaro Agricultural Capital Holdings, an impact investment fund managed by Injaro Investments, has invested in Comptoir 2000, an indigenous producer of seeds in Mali.
AXA Group through AXA’s Real Estate division, has taken a 18.6% stake in the Eranove Group, a West African utility company with operations in power generation, transmission and distribution, from the Bouygues Group.
Kukula Capital, a Zambian venture capital investor, and eVentures Africa Fund (eVA), a Dutch venture capital fund specializing in E-commerce in Africa, have invested $500,000 in Dot Com Zambia, a growing e-commerce company.
Actis, a pan-emerging market private equity investor with $7,6bn assets under management, has acquired a significant minority stake in Coricraft Group, one of South Africa’s leading home furnishings retailers.
A consortium of investors led by Amethis Finance have extended a convertible loan to Elephant Africa Holding, the holding entity of Bel Papyrus and Bel Impex, producers of tissue paper products in Nigeria.
Synergy Private Equity Fund (SPEF) has invested in Viathan Engineering, a developer of captive and embedded power solutions in Nigeria.
