AfricInvest sells part of its stake in One Tech
AfricInvest partially edited its stake in One Tech, a Tunisia-based electrical equipment manufacturer and services provider, for TND8m (~USD2.6m). Read More
Q1 2024 Industry Data & Analysis
Key data takeaways: Overall private capital investment across GPCA’s markets – including Asia, Latin America, Africa, CEE and the Middle East – remained on par with the past two quarters, as investors deployed USD21.5b across 775 disclosed transactions in Q1. As digitalization continues to reshape… Read More
Adenia Partners | Herholdt’s Group
In June 2021, Adenia Partners invested in Herholdt’s Group, a provider of electrical, lighting and renewable energy solutions to customers in South Africa and bordering countries. With Adenia’s support, Herholdt’s solar business has become the company’s primary business line (up from 40% at the time of… Read More
BII and Citi Launch USD100m Risk-Sharing Facility for Africa
BII and Citi launched a USD100m risk-sharing facility focused on economically productive goods, transport, essential equipment and machinery that strengthen food security in African markets such as Benin, Cameroon, Côte d’Ivoire, Rwanda, Tanzania, Uganda and Zambia. #Africa… Read More
Mediterrania Fully Exits Morocco’s TGCC
Mediterrania Capital Partners fully exited TGCC, a Morocco-based construction and civil engineering company. 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
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
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
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
Africa50 and Oikocredit Invests in Ghana’s Zeepay
Africa50 and Oikocredit led an equity investment in Ghana-based payment platform Zeepay, with participation from Injaro Ghana Venture Capital Fund and Verdant Capital Hybrid Fund, as well as follow-on from Investisseurs & Partenaires. Read More
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