10 January 2023
Catalyst Fund invests into 10 startups Catalyst Fund has announced a $2m investment into 10 startups building solutions to improve the resilience of climate-vulnerable communities in Africa. Source: Africa Global Funds EAIF provides €25m finance fac…
Read more »07 December 2022
A collection of news across the African private equity and venture capital industry | A collection of news across the African private equity and venture capital industry | Admaius invests in Céréalis Admaius Capital Partners via a subsidiary of the Vir…
Read more »24 November 2022
A collection of news across the African private equity and venture capital industry | Alcazar Energy Partners II reaches US$336.6mn first close This landmark transaction will enable the development of over 2GW of clean energy infrastructure across selec…
Read more »24 October 2022
A collection of news across the African private equity and venture capital industry | Africa50 to invest in education group The investment will be used by Holding Générale d'Education or Holged Group to support its expansion plans elsewhere in Africa. …
Read more »26 September 2022
A collection of news across the African private equity and venture capital industry | Bboxx acquires PEG Africa Tuesday 6th September 2022 – Bboxx is cementing its status as the leading super platform for life-changing products and services on the Afric…
Read more »11 August 2022
A collection of news across the African private equity and venture capital industry | Apis Partners sells Retail Capital stake to mark third exit of 2022 The UK-based private equity firm Apis Partners said Wednesday its maiden fund, Apis Growth Fund I,…
Read more »28 June 2022
A collection of news across the African private equity and venture capital industry | RMB Corvest acquires significant share in South African drinks company SOUTH AFRICA – Private equity specialist RMB Corvest has teamed up with Masimong Beverages Holdi…
Read more »06 June 2022
A collection of news across the African private equity and venture capital industry | HAVAÍC invests US$400000 in Nigeria's retailer, ShopEx HAVAÍC says it is investing US$400,000 from its US$20 million HAVAÍC Universum Core African Fund. Source: R…
Read more »06 May 2022
A collection of news across the African private equity and venture capital industry | Apis partially exits Sun King Apis Growth Fund I, a private equity fund managed by Apis Partners, has partially exited its position in off-grid solar energy company Su…
Read more »04 April 2022
A collection of news across the African private equity and venture capital industry | XSML reaches hard cap for African Rivers Fund III at USD 85 million XSML, a fund manager active in Central & East Africa, has reached the hard cap for its African …
Read more »01 March 2022
A collection of news across the African private equity and venture capital industry | BluePeak’s Inaugural Fund qualifies to contribute to 2X global gender finance challenge BluePeak’s 2X Challenge status demonstrates the firm’s commitment to gender-len…
Read more »01 February 2022
A collection of news across the African private equity and venture capital industry | Esusu becomes unicorn with SoftBank Vision Fund 2-led US$130mn funding Esusu, a fintech that targets immigrant and minority groups and provides rent reporting and data…
Read more »10 January 2022
A collection of news across the African private equity and venture capital industry | Kerry Group acquires Rwanda-based food flavouring company Afribon The Kerry Group has expanded its footprint in Africa following its acquisition of Rwanda-based Afrib…
Read more »01 December 2021
A collection of news across the African private equity and venture capital industry | Nigerian mobility-tech startup MAX raises US$31mn in Series B round Nigerian mobility tech startup Metro Africa Xpress Inc. (MAX) is planning to enter more markets acr…
Read more »01 November 2021
A collection of news across the African private equity and venture capital industry | Ata Capital completes management buyout of RCA from South Africa's Ascendis Health Ata Capital (Pty) Ltd (“Ata Capital”), a leading private equity (“PE”) investment ma…
Read more »28 October 2021
Venture Capital (VC) and Private Equity (PE) practitioners in Ghana rallied together to launch the Ghana Venture Capital and Private Equity Association (GVCA) at an event attended by industry players, government officials, development finance personnel, regu…
Read more »20 October 2021
A collection of news across the African private equity and venture capital industry | Goodwell participates in Asante’s US$7.5mn funding round Asante Financial Services Group (“Asante”) announces US$7.5mn Series A investment anchored by Goodwell Investm…
Read more »13 October 2021
A collection of news across the African private equity and venture capital industry | Knife Capital and Hlayisani Growth Fund in edtech deal Education technology company Snapplify has raised R30mn in “expansion capital” from venture capital firm Knife C…
Read more »06 October 2021
A collection of news across the African private equity and venture capital industry | DPI raises one of the largest Africa funds at US$900mn to invest in innovation-led companies Development Partners International (DPI) announced that the African Develo…
Read more »29 September 2021
A collection of news across the African private equity and venture capital industry | ReelFruit raises US$3mn in Series A funding round led by Alitheia Capital Alitheia IDF led the round and invested US$2mn while other investors included Samata Capital …
Read more »22 September 2021
A collection of news across the African private equity and venture capital industry | Cartona raises US$4.5mn in funding Cartona, the Egypt-based B2B platform connecting retailers to manufacturers and wholesalers, has successfully raised US$4.5mn in it…
Read more »15 September 2021
A collection of news across the African private equity and venture capital industry | SunFunder invests US$4mn into off-grid solar company SunFunder, which provides debt financing for solar enterprises working in emerging and frontier markets, announced…
Read more »08 September 2021
A collection of news across the African private equity and venture capital industry | Cropnuts, backed by DOB Equity, launches AgViza, a new disruptive AI platform, designed to make soil testing more affordable for African farmers Crop Nutrition Laborat…
Read more »01 September 2021
A collection of news across the African private equity and venture capital industry | Sequoia Heritage, Stripe and others invest US$200mn in African fintech Wave at US$1.7bn valuation Wave, the U.S. and Senegal-based mobile money provider, has raised US…
Read more »25 August 2021
A collection of news across the African private equity and venture capital industry | OPay raises US$400mn in a funding round led by SoftBank Chinese-backed and Africa-focused fintech company OPay raised US$400mn in new financing led by SoftBank Vision …
Read more »18 August 2021
A collection of news across the African private equity and venture capital industry | Acumen closes US$58mn impact fund, the first to drive climate adaptation for smallholder farmers The Acumen Resilient Agriculture Fund (ARAF) closed in June 2021. This…
Read more »11 August 2021
A collection of news across the African private equity and venture capital industry | Old Mutual PE fund backs Malawian macadamia producer Africa Merchant Capital (AMC) Advisory advised the management team at Gala Agriculture Company, a macadamia planta…
Read more »04 August 2021
A collection of news across the African private equity and venture capital industry | Pearl Capital Partners' invests US$2.5mn in Pura Organic Agro Tech Ltd Yield Uganda Investment Fund (Yield Fund), which is managed by Pearl Capital Partners, has annou…
Read more »
5 DAYS TO VOTE! Would you like to see the #AVCAAcademy offered at your organisation? VOTE: https://t.co/3ohPLLKuqG… https://t.co/C5D7crRIAB
🤫 SPOILER ALERT! Be the first to take a sneak peek of what we have planned this year... & let us know if you'll b… https://t.co/ORQMO4NQWL
👏 @AfricInvest_Grp Fund IV invests in @Justrite_ng, a leading #Nigerian family-owned retail department store Read… https://t.co/yB1gRIU5RE
📚 This #InternationalDayOfEducation have your say by taking a vote below to bring the #AVCAAcademy to your organisa… https://t.co/3zqgjVEQXU
🗓SECURE YOUR PLACE AT #AVCA2023! ⏱EarlyBird ends in 8 days.. Join us in #Cairo for what promises to be an engaging… https://t.co/VvkR1QSXTT
