5 Mar
News > Private Equity > Deals
The Emerging Africa & Asia Infrastructure Fund (EAAIF), a Private Infrastructure Development Group (PIDG) company managed by Ninety One, has announced a $45m funding contribution to CrossBoundary Energy Holdings.
3 Mar
News > Private Equity > Fundraising
Summit Africa, a specialist black-owned and managed impact investment manager and licensed financial services provider, has launched Summit’s Private Equity Fund II (SPEF II) with a $20m (c.R355 million) anchor investment by British International Investment (BII), the UK’s development finance institution and impact investor.
27 Feb
News > Private Equity > Fundraising
African Transition Acceleration Fund (ATAF 1), managed by African Infrastructure Investment Managers (AIIM), is the newest pan-African investment vehicle, designed to support Africa’s energy transition.
25 Feb
News > Private Equity > Deals
Alterra Capital Partners has announced a strategic investment in ARP Africa Travel Group (ARP Africa), partnering with the founding family to accelerate expansion across East Africa and beyond.
25 Feb
News > Private Equity > Fundraising
Kholo Capital Mezzanine Debt Fund I has reached final close at R1.4bn in commitments to make long-term mezzanine debt investments in small and medium sized businesses in South Africa, Botswana, Namibia, Lesotho and Swaziland.
24 Feb
News > Private Equity > Deals
Acumen has invested in Wami Agro, a Ghana-based agritech company dedicated to transforming the agricultural landscape in West Africa.
24 Feb
News > Private Equity > Deals
Futuregrowth Asset Management has led a $3m funding round in CubeSpace, a South African provider of satellite Attitude Determination and Control Systems (ADCS).
18 Feb
News > Private Equity > Exits
InfraCo Africa has agreed to sell its 25% stake in Golomoti JCM Solar Corporation to Old Mutual Infrastructure Investment Trust Fund (Malawi), which sits within Old Mutual Investment Group’s Alternative Investments capability.
11 Feb
News > Private Equity > Exits
Apis Growth Fund I, a private equity fund managed by UK-based asset manager Apis Partners Group (UK), has signed binding agreements to sell its full stake in Baobab, an African financial services provider specialising in supporting small and medium-sized enterprises (SMEs).
10 Feb
News > Private Equity > Fundraising
P1 Ventures, an early-stage, Pan-African venture capital firm, has completed the final close of its first $50m institutional fund and welcomed African conglomerates, family offices, and partners at global VCs, alongside the World Bank’s IFC.
7 Feb
News > Private Equity > Exits
Amethis has announced its exit from the capital of Merec Industries to Invictus’ Investment.
30 Jan
News > Private Equity > Deals
Verdant Capital Hybrid Fund has completed its fifth investment of $2m, structured as junior convertible debentures in UsPlus in South Africa.
27 Jan
News > Private Equity > Deals
SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, and Yabx Technologies (Netherlands), a company of Tech Mahindra group, a global provider of technology consulting and digital solutions to enterprises across industries, have signed a set of shareholder and technology collaboration agreements to formalise their joint investment in Furaha.
23 Jan
News > Private Equity > PE Industry News
The African tech sector attracted only 7% less capital than in 2023, demonstrating resilience and securing $3.2bn in funding (equity and debt combined), according to the annual Africa Tech Venture Capital report by Partech.