4 Nov
News > Private Equity > Deals
Vantage Mezzanine, Africa’s leading mezzanine debt provider, has concluded a transaction with Surfline Communications to provide $30m (R330m) of expansion capital to the company together with a fund co-investor. The funds will be used for the on-going expansion of Surfline’s 4G LTE network in Ghana as well as to grow its product distribution and marketing network.
3 Nov
News > Private Equity > Deals
African Capital Alliance (ACA) has invested in Filmhouse Cinemas, the fastest growing cinema chain in Nigeria and Film One, its associated film production and distribution company.
31 Oct
News > Private Equity > Deals
Fusion Capital has invested in the Kes. 2bn ($22.3m) Meru Greenwood Park in Kenya, an integrated development in the heart of Meru County.
31 Oct
News > Private Equity > Deals
Vantage Capital, Africa’s leading mezzanine funder, has provided R77m ($7.06m) of funding for the acquisition of preferred equity facilities in a Pembani-owned SPV that holds 30% of the ordinary equity and PIK notes in AfriSam.
31 Oct
News > Private Equity > Deals
TriLinc Global Impact Fund has recently approved $2.8m in two trade finance facilities to companies in South Africa.
15 Oct
News > Private Equity > Deals
Gulf Capital, an alternative asset manager in the Middle East, has invested $25m in Amak Group, a provider of integrated petroleum services for the onshore and offshore sectors in Egypt.
11 Oct
News > Private Equity > Deals
Acumen, a non-profit global venture fund, together with Novastar Ventures, have announced a €2m ($2.5m) equity investment in SolarNow, an Uganda-based company that sells modular high quality solar home systems to rural populations across the country.
8 Oct
News > Private Equity > Deals
The Abraaj Group has acquired a majority stake in Liberty Star Consumer Holdings, one of the largest unlisted food and personal care manufacturers in South Africa, for an undisclosed sum.
6 Oct
News > Private Equity > Deals
Wananchi Group has attracted $130m in a funding round led by Helios Investment Partners and the existing strategic shareholders Altice SA, Liberty Global, ECP and ATMT, to fund its growth and expansion in East and Southern Africa.
2 Oct
News > Private Equity > Deals
Vantage Capital has provided approximately R80m ($7.28m) of funding to facilitate a management buy-out of Dynamic Bedding, South Africa’s largest specialist bed group.
1 Oct
News > Private Equity > Deals
The African Agriculture Fund (AAF), managed by Phatisa, has invested in the Meridian Group, a $250m (revenue) business with operations in Mozambique, Malawi, Zimbabwe, Zambia and Mauritius.
29 Sep
News > Private Equity > Deals
Adenia Partners, a private equity firm investing in the Indian Ocean and West Africa regions, has acquired Mauvilac, a paint, coatings and chemical products manufacturer and marketer in Mauritius.
16 Sep
News > Private Equity > Deals
The Dutch fund manager XSML has invested in Hydrotek SARL, based in Lubumbashi, DRC.
12 Sep
News > Private Equity > Deals
Vantage Capital, Africa’s largest independent provider of mezzanine risk capital, has provided mezzanine debt funding to support Austell Laboratories, a fast growing and 100% black-owned pharmaceuticals company in South Africa.
