Phatisa Acquires South Africa’s Deltamune

Phatisa, through its Phatisa Food Fund 2, acquired 100% of South Africa-based biotech Deltamune, together with the company’s management, from HL Hall & Sons Investments for an undisclosed amount. Read more… Read More

Verdant Capital Reaches USD36m First Close for Hybrid Fund

Verdant Capital reached a USD36m first close for its Verdant Capital Hybrid Fund. The vehicle, which has an initial target size of USD100m, will invest hybrid capital and subordinated debt instruments into inclusive financial institutions across Africa. Read more… Read More

Amethis Exits Mauritius’ Velogic via IPO

Amethis exited its 33.77% stake in Mauritius-based logistics company Velogic via the company’s IPO on the Mauritius Stock Exchange. Amethis sold 31.58 million shares for MUR790m (~USD18m). Read more… Read More

Mediterrania Partially Exits Morocco’s TGCC via IPO

Mediterrania Capital Partners achieved a partial exit from Morocco-based construction company Travaux Généraux de Construction de Casablanca (TGCC) via the company’s IPO on the Casablanca Stock Exchange. The IPO consisted of a cash-out of MAD300m (~USD32.4m) and a capital increase of MAD300m. Read more… Read More

(default archive template)