2019

Verod Capital completes investment in Daystar Power in a key milestone for the West African Commercial and Industrial (“C&I”) space

21 March 2019

Anglophone West Africa focussed private equity firm, Verod Capital Management (Verod), announced that it has invested in Daystar Power Group (Daystar), a leader in developing, owning and financing Commercial and Industrial sector hybrid solar generation p…

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CDG Capital Private Equity invests in SCE Chemicals

15 February 2019

CDG Capital Private Equity, the private equity firm focused on growth investments for SMEs in Morocco, announced an investment in SCE Chemicals, a leading company manufacturing specialty chemicals, fertilizers and other chemical inputs for industrial clie…

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Inside Capital Partners announces its investment in the Latitude Hotels Group

15 February 2019

Lusaka, Zambia: Inside Capital Partners through its first fund, Inside Equity Fund specialised in financing regional expansion plans of SMEs in Southeast Africa, recently signed off a deal with the Latitude Hotels Group to finance its expansion. Inside wi…

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African Infrastructure Investment Managers (AIIM) appoints Wanjiku Mugane as Senior Advisor in Kenya

06 February 2019

Cape Town and Nairobi: African Infrastructure Investment Managers (AIIM), one of Africa’s largest and most experienced infrastructure-focused private equity fund managers and a member of Old Mutual Alternative Investments (OMAI), today announces the appoi…

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DPI announces $35m investment into African facilities management business, IFS

05 February 2019

Johannesburg/London - Development Partners International (“DPI”), a leading Pan African private equity firm, is pleased to announce the latest investment of its African Development Partners II fund (“ADP II”) into International Facilities Services (“IFS”)…

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Amethis announces an intermediary closing of Amethis Fund II at EUR 305mn, above its original target

04 February 2019

Amethis, the investment fund manager dedicated to long-term responsible investments in Africa, is pleased to announce an intermediary closing of its second Pan-African fund, Amethis Fund II, which collected EUR 305mn from a broad range of investors in Eur…

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Partech announces the final closing of its Partech Africa fund above hard cap at EUR125mn

31 January 2019

Partech announces the final closing of its Partech Africa fund at €125 M ($143 M) above its hard cap and establishes East Africa presence. The Partech Africa Fund achieves a final closing at €125M, more than double the size of its first closing a year …

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CDC appoints Stephen Priestley as new Managing Director, Funds and Capital Partnerships

28 January 2019

CDC, the UK’s development financial institution, has today announced the appointment of Stephen Priestley as its new Managing Director, Funds and Capital Partnerships. Stephen starts his new role on 28 January and will report directly to Chief Executive N…

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Adenia Partners Announces Investment in Tumaini, an Emerging Supermarket Retailer in Kenya

25 January 2019

Port Louis, Mauritius: Adenia Partners, a private equity firm investing in Sub-Saharan Africa, announces that on 5 December 2018, it completed an investment in Tumaini Self Service Limited through a special purpose vehicle, Sokoni Retail Kenya Limited. Th…

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CDG Capital Private Equity invests in Steripharma, a pharmaceutical business in Morocco

25 January 2019

CDG Capital Private Equity, the private equity firm focused on growth investments for SMEs in Morocco, announced an investment in Laboratoires Steripharma (“Steripharma” or “the Company”), a well-established pharmaceutical business in Morocco. CDG Capital…

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CrossBoundary Mini-Grid Facility Announces First Close with The Rockefeller Foundation and Ceniarth

23 January 2019

Groundbreaking facility unlocking private capital for mini-grids in Africa, providing gridquality power to rural households and businesses First close on initial US$16m facility to provide power to 170,000 people Project finance solution key to unlo…

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CDC Group backs TheBoardroom Africa with £1.6mn funding to increase women’s representation in African boardrooms

22 January 2019

Partnership will bring exceptional female talent to boards and investment committees across the continent London and Accra: In a partnership to bring increased diversity to companies and organisations across Africa, CDC Group, the UK’s development financ…

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CardinalStone Capital Advisers achieves first close at US$50mn

16 January 2019

Lagos, Nigeria: CardinalStone Capital Advisers (CCA), an investment adviser based in Lagos, Nigeria, has recently achieved a US$50mn first close of its private equity fund, CardinalStone Capital Advisers Growth Fund LP (CCAGF or the Fund). Anchor investor…

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AIIM invests in BBOXX, provider of off-grid clean energy throughout emerging markets

16 January 2019

The acquisition marks the infrastructure specialist’s expansion into the African off-grid solar market Cape Town and London: African Infrastructure Investment Managers (AIIM), one of Africa’s largest and most experienced infrastructure-focused private eq…

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AfricInvest’s FIVE achieves its third close bringing KfW as investor

15 January 2019

AfricInvest, a leading pan-African private equity firm, today announced the third close of FIVE, an evergreen platform for investing in financial institutions in Africa. Through its investments, FIVE aims to improve access to financial services for the gr…

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Syntaxis Africa launch ₦12bn Private Equity Fund to Bridge Financing Gap for SMEs in Nigeria

15 January 2019

It is common knowledge that Small and Medium Enterprises (SMEs) play a vital role in the development of any economy. According to the World Bank, SMEs contribute up to 60% of employment opportunities and up to 40% to the national Gross Domestic Product (G…

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African Development Bank Group approves investment in Climate Investor One’s Construction Equity Fund

10 January 2019

The Board of Directors of the African Development Bank Group has approved a USD 32.5 million equity investment in Climate Investor One’s (CIO) Construction Equity Fund (CEF), a platform that uses a unique blended finance approach, and targets the entire a…

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PCM Capital Partners exits its investment in leading Ivorian oil and gas player

08 January 2019

PCM Capital Partners (“PCP”), managers of the West Africa Emerging Growth Fund (“WAEMGF”) are pleased to announce the Fund’s exit from its investment in Petro Ivoire, a leading player in the downstream oil and gas sector in Cote d’Ivoire. This exit, the f…

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CDG Capital Private Equity invests in Trarem Afrique, the leading manufacturer and distributor of office furniture in Morocco

02 January 2019

CDG Capital Private Equity, the private equity firm focused on growth investments for SMEs in Morocco, announces the acquisition of a stake in Trarem Afrique SA. (“Trarem”), the leading manufacturer and distributor of office furniture in Morocco. CDG Capi…

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@EducateGlobal invests in East African businesses with direct impact on young people’s educational outcomes. Find o… https://t.co/08IV0LDytS

West Africa may not have the most reported PE deals (282) during the 2013-2018 period, but it is a vibrant region i… https://t.co/CzbVKqjDDU

Karima Ola, Partner @LeapFrogInvest is part of the panel discussing private equity exits across Africa. Join 400+ i… https://t.co/YaxO6lgYk8

Hear the discussion on the role of DFI investors in Africa, moderated by Genevieve Sangudi, Managing Director… https://t.co/kUaOZNHLYU

African PE recorded 273 exits during 2013-2018. Find out how exits have changed over the period, in the… https://t.co/fwtSVKYU66