In March 2015, Affirma Capital invested in GZ Industries (GZI), a Nigeria-based manufacturer of aluminum beverage cans that supplies to several multinational beverage companies across Africa. With Affirma’s support, GZI launched a second manufacturing facility in Nigeria and one in South Africa. Affirma… Read More
HAVAÍC led a USD1.1m Series B for AURA, a South Africa-based emergency services platform, with participation from AfricInvest. Read More
Phatisa and Finnfund fully exited Planting Naturals, a Sierra Leone-based organic palm oil producer, via a sale to PaLenDu, an affiliate of Dutch Dekker Group. Read More
SPE Capital reached a USD140m first close for its third PE fund focused on SMEs in North Africa. The vehicle has a USD350m target. Read More
BII exited its 10.1% stake in I&M Group, a Kenya-based financial banking group focused on Eastern Africa, via a sale to AfricInvest. Read More
DPI fully exited International Facilities Services, a South Africa-based provider of facilities management services in remote locations, via a sale to ES-KO and Phatisa. Read More
Adenia Partners fully exited Ghana-based paint manufacturer Cresta Paints via a sale to Uhuru Investment Partners. Read More
Adenia fully exited DDP Outdoor, a Ghana-based out-of-home advertising company, via a sale to Injaro Ghana Venture Capital Fund. Read More
Alterra Capital Partners acquired a significant stake in South Africa-based soft drink distributor Chill Beverages, facilitating an exit for Old Mutual Private Equity. Read More
AfricInvest partially edited its stake in One Tech, a Tunisia-based electrical equipment manufacturer and services provider, for TND8m (~USD2.6m). Read More
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