GPCA covers the latest fund, investment and industry news across our markets in two newsletters: NewsWatch is a weekly round-up of key transactions across asset classes; the Global Tech Brief is a bi-weekly review of tech transactions and innovations with cross-border applications. Subscribe in the left-hand sidebar.
Access past editions of NewsWatch here.
Mediterrania Fully Exits Morocco’s TGCC
Mediterrania Capital Partners fully exited TGCC, a Morocco-based construction and civil engineering company. Read More
IFC Invests USD80m Debt and Equity in India’s Northern Arc
India-based NBFC Northern Arc raised a USD80m debt and equity round from IFC. Read More
TLCom Capital Reaches USD154m Final Close for TIDE Africa Fund II
TLCom Capital reached a USD154m final close for its second TIDE Africa Fund focused on early-stage startups across the region. Read More
Illuminate Financial Leads USD6.5m Pre-Series A for Singapore’s Accacia
Illuminate Financial led a USD6.5m pre-Series A for Accacia, a Singapore-based decarbonization platform focusing on real estate and infrastructure sectors, with participation from AC Ventures, as well as follow-on from Accel and B Capital. Read More
Foxmont Capital Partners Invests in Singapore’s Nibertex
Foxmont Capital Partners led an investment in Nibertex, a Singapore-based manufacturer of sustainable nanofiber textiles with operations in the Philippines. Read More
BlueOrchard Leads USD20m Series B for Kenya’s Pula
BlueOrchard led a USD20m Series B for Pula, a Kenya-based agriculturale insurance provider, with participation from IFC, the Bill & Melinda Gates Foundation, Hesabu Capital and others. Read More
Warburg Pincus Invests in Vietnam’s Xuyen A
Warburg Pincus invested in Xuyen A, a Vietnam-based tertiary hospital group. Read More
Lighthouse Funds Invests ~USD84m in India’s Parsons Nutritionals
Lighthouse Funds invested INR7b (~USD84m) in Parsons Nutritionals, an India-based manufacturer of packaged foods and beverages, with participation from IFC, Evolvence India, HDFC AMC and others. Read More
The Rohatyn Group Exits South Africa’s BevCo to Varun Beverages
The Rohatyn Group fully exited South Africa-based beverage manufacturer BevCo via a strategic sale to India-based bottler Varun Beverages. Read More
Warburg Pincus Acquires 65% Stake in India’s Appasamy Associates
Warburg Pincus acquired a 65% stake in Appasamy Associates, an India-based manufacturer of ophthalmic equipment and intraocular lenses, for ~USD300m. Read More
Verod-Kepple Africa Ventures Reaches USD60m Close for Inaugural Fund
Verod-Kepple Africa Ventures reached a USD60m close for its first fund focused on early-stage companies building infrastructure for the digital economy across Africa. The fund received commitments from SCM Capital, Taiyo Holdings and C2C Global Education Japan. Read More
Temasek, Boyu Capital and others invest USD62m in D3 Bio Series A+
D3 Bio, a China-based clinical-stage biotech company backed by Temasek, raised a USD62m Series A+ led by Medicxi, with follow-on from Matrix Partners China and WuXi AppTec. Read More