7 May
News > Private Equity > Deals
African Infrastructure Investment Managers (AIIM), an infrastructure equity investment manager, and international power developer, Joule Africa, have entered into an agreed framework that provides AIIM the opportunity to become a major equity investor in the power projects being developed by Joule Africa.
6 May
News > Private Equity > Deals
Helios Investment Partners has agreed to invest $100m for a 12.4% stake in Africa Oil Corp., a Canadian oil and gas company with assets in East Africa.
5 May
News > Private Equity > Deals
The Ethos-led consortium, comprising Ethos Fund VI, Hamilton Lane and HarbourVest, has contributed $150m into the $350m of new equity raised by Eaton Towers from new and existing shareholders.
27 Apr
News > Private Equity > Deals
Atlantic Coast Regional Fund (ACRF), managed by Advanced Finance and Investment Group (AFIG Funds), has completed an undisclosed investment in real estate company Primrose Properties Ghana (PPG).
27 Apr
News > Private Equity > Deals
Verod Capital has acquired Union Trustees, a fully owned subsidiary of Union Bank of Nigeria.
21 Apr
News > Private Equity > Deals
AfricInvest will acquire a minority equity interest in Elephant Group, a Nigeria-based agricultural commodities company, via an issue of new shares.
10 Apr
News > Private Equity > Deals
Private equity firm Fanisi Capital has invested $2.1m in European Foods Africa (EFA), a Nairobi-based pizza maker.
1 Apr
News > Private Equity > Deals
Ethos, a South African private equity investor, has acquired the Tissue and Corrugate divisions from Nampak for a total purchase price of around $14m (R1.575bn).
25 Mar
News > Private Equity > Deals
National Bank of Canada and Amethis Finance have agreed to acquire a 26.3% equity stake of NSIA Participations, a financial group headquartered in Abidjan, Côte d'Ivoire, with operations in 12 countries across West and Central Africa.
25 Mar
News > Private Equity > Deals
Regent Life Botswana, a part of the Imperial Holdings Group, has taken an equity stake in Oryx Finance, a Zambian small loans business.
13 Mar
News > Private Equity > Deals
PAI Partners’s portfolio company R&R; Ice Cream has acquired Nestlé South Africa’s ice cream business for an undisclosed amount.
11 Mar
News > Private Equity > Deals
The African development private equity firm, Phatisa, has committed funds to regenerate, plant and preserve an indigenous Miombo woodlands in central Zambia.
5 Mar
News > Private Equity > Deals
The Metier Capital Growth Fund II, which completed its first close in mid-February, has signed a binding sale agreement with its first portfolio company, a consumer retail chain with a presence in South Africa and the rest of the continent.
2 Mar
News > Private Equity > Deals
Enko Africa Private Equity Fund, a pan-African private equity fund managed by Enko Capital Managers, has acquired a minority stake in Madison Financial Services (MFS), an insurance-based financial services group in Zambia. Ralph Gilchrist, partner at ECM, said: “This is a landmark first investment for the Enko Africa Private Equity Fund and we are proud to enter into this long-term partnership with MFS. We are looking forward to creating value together and supporting the high growth potential of the company.”
