Vantage Capital | Vumatel

In April 2016, Vantage Capital invested ~USD17m in Vumatel, a South Africa-based housing fiber-to-the-home (FTTH) network provider used by accredited internet service providers to supply broadband services to their customers. With Vantage Capital’s support, Vumatel had grown from 600 kilometers to over 19,000 kilometers of fiber… Read More

BOND Leads USD150m Series B for Algeria’s Yassir

BOND led a USD150m Series B for Yassir, an Algeria-based super app focused on Francophone Africa, with participation from DN Capital, Dorsal Capital, Quiet Capital, Y Combinator, Spike Ventures (formerly Stanford Alumni Ventures) and others. Read more… Read More

Mediterrania Exits Tunisia’s GSRD

Mediterrania Capital Partners exited Tunisia-based private education company Groupe Scolaire René Descartes (GRSD), through a management buyout. Mediterrania first invested in GSRD in January 2018 through its second fund. Read more… Read More

Egypt’s MaxAB Raises USD40m Pre-Series B

MaxAB, an Egypt-based B2B food and grocery delivery platform, raised USD40m from ADQ, BII and Silver Lake, with follow-on from 4DX Ventures, Flourish Ventures, Beco Capital and Africa Platform Capital. Read more here and here… Read More

Gulf Capital Exits Tunisia’s CHO Group

Gulf Capital exited CHO Group, a Tunisia-based olive oil producer and exporter, generating an over 15% IRR. Gulf invested USD22m in CHO in December 2018 through Gulf Capital Credit Opportunities Fund II. Read more… Read More

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