ACEI to invest in Senegalese wind power project
American Capital Energy & Infrastructure (ACEI) has revealed its plans to invest in Senegal's first industrial-scale wind power project and the largest wind farm planned in West Africa.
American Capital Energy & Infrastructure (ACEI) has revealed its plans to invest in Senegal's first industrial-scale wind power project and the largest wind farm planned in West Africa.
One Thousand & One Voices (1K1V), a Sub-Saharan African private equity fund, established by high net worth families across the globe, has invested an undisclosed amount in Beefmaster, a South African meat producer.
Kagiso Tiso Holdings (KTH) has acquired a 51% stake in a business service provider Servest Group (Servest) to form the largest, majority black-owned, facilities management company in Africa, in a transaction valued at about R4.5bn ($373m).
XSML, an independent private equity fund manager active in Central Africa, has invested in Ets Lejack (Lejack), a toilet paper business based in Kinshasa, DRC, through the Central Africa SME Fund (CASF).
The Public Investment Corporation (PIC) on behalf of the Government Employees Pension Fund (GEPF) has invested $149m for a minority stake in Bayport Management (BML).
SPEAR Capital, a Scandinavian-backed Sub-Saharan Africa focused private equity investment company, has acquired a 27% stake in Dendairy, Zimbabwe’s second largest dairy producer, in a combined debt and equity transaction valued at $6m.
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.
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.
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.
Verod Capital has acquired Union Trustees, a fully owned subsidiary of Union Bank of Nigeria.
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).
AfricInvest will acquire a minority equity interest in Elephant Group, a Nigeria-based agricultural commodities company, via an issue of new shares.
Private equity firm Fanisi Capital has invested $2.1m in European Foods Africa (EFA), a Nairobi-based pizza maker.
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).