2021

White & Case advises Helios Investment Partners’ portfolio company TPAY Mobile on strategic partnership with Bango Plc

22 January 2021

Global law firm White & Case LLP has advised Helios Investment Partners’ portfolio company TPAY Mobile, the full-service digital payments platform for the Middle East, Africa (MEA) and Turkey, on its strategic partnership with Bango Plc, the AIM-liste…

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Amethis appoints two new Partners

20 January 2021

Amethis is happy to announce the appointment of 2 new Partners, Khady Koné-Dicoh and Jean-Thomas Lopez, bringing the number of Partners in the firm to 6. Luc Rigouzzo and Laurent Demey said “Amethis strengthens his senior team with these nominations, wit…

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Àrgentil invests in Sygen Pharmaceuticals

19 January 2021

Àrgentil Capital Management Limited (“Àrgentil”) is pleased to announce its equity investment in Sygen Pharmaceuticals Limited (“Sygen”). The investment was structured via the sponsors’ investment vehicle, Consumer Growth Partners along with other co-inve…

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IFU leads US$38mn Daystar Power deal

12 January 2021

Daystar Power, a leading provider of hybrid solar power solutions to businesses in West Africa, today announced a Series B investment of $38 million. The round was led by the Investment Fund for Developing Countries (IFU), the Danish development finance i…

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TPG Growth in US$85mn deal

08 January 2021

Gro Intelligence announced today that it has raised $85 million in Series B funding. The round was co-led by Intel Capital, Africa Internet Ventures (a strategic partnership between TPG Growth and EchoVC), and the family offices of Ronald Lauder and Eric …

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Africa Finance Corporation secures US$250mn capital loan from US DFC

04 January 2021

Africa Finance Corporation (“AFC” or “the Corporation”), the leading infrastructure solutions provider in Africa, today announces it has successfully secured a US$250 million tier-2 capital loan from U.S. International Development Finance Corporation (DFC…

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Norfund in US$35mn deal to establish and finance ESCOTEL

01 January 2021

Norfund, Inspired Evolution, and Sagecom have participated in a US$35 million equity investment to establish and finance ESCOTEL, an energy services company currently focused on Sub-Saharan Africa countries. Headquartered in Mauritius, ESCOTEL has been s…

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FMO & IFC back East Africa-focused fund

01 January 2021

FMO and the International Finance Corporation (IFC) have approved US$20mn in commitments to Ascent Capital's sophomore fund. Each of the DFIs is committing US$10mn to Ascent Rift Valley Fund II. Having raised a US$78m private equity fund that invests in…

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AVCA is delighted to invite you to attend the Africa Investment Conference tomorrow Wednesday, 20th January 2021.… https://t.co/RV64FJxbug

AVCA Newsletter out now! Bi-monthly African PE & VC news, research, events, training and more Read here:… https://t.co/KbqI0eQWpQ

AVCA & OBG launch PE & VC in Africa Covid-19 Response Report We are pleased to launch the 'Private Equity and Vent… https://t.co/qn309H36kJ

AVCA Newsletter out now! Bi-monthly African PE & VC news, research, events, training and more Read here:… https://t.co/e4K2mxPqA5

AVCA Newsletter out now! Bi-monthly African PE & VC news, research, events, training and more Read here:… https://t.co/JN3Ojijzfj