Old Mutual Alternative Investments Invests ~USD6.5m in South Africa’s Afropulse Group
Old Mutual Alternative Investments provided ZAR125m (~USD6.5m) in financing for Afropulse Group, a South Africa-based investment holding company. Read More
Old Mutual Alternative Investments provided ZAR125m (~USD6.5m) in financing for Afropulse Group, a South Africa-based investment holding company. Read More
Shamba Pride, a Kenya-based online-to-offline platform for farmers, raised a USD3.7m equity and debt pre-Series A from EDFI AgriFI and Seedstars Africa Ventures. Read More
Ezdehar acquired a minority stake in Egypt-based healthcare platform Yodawy for USD10m. Read More
Africa50 reached USD222.5m first close for its Infrastructure Acceleration Fund focusing on sustainable infrastructure sectors across Africa. First close investors include the African Development Bank and IFC. Read More
Affirma Capital led a USD145m investment in Copperbelt Energy Corporation, a Zambia-based incorporated power transmission, generation and distribution company via a single-asset continuation deal. Read More
Affirma Capital fully exited GZ Industries, a Nigeria-based aluminum cans manufacturer for global blue-chip beverage brands in Africa, via a sale to Oppenheimer Partners. Read More
Amethis, AfricInvest, IFC and Proparco acquired a majority stake in NETIS, a Côte d’Ivoire-based telecommunication and energy infrastructure service provider. … Read More
Africa Healthcare Network, a Rwanda-founded provider of dialysis services across Sub-Saharan Africa, raised a USD20m equity and debt round led by Africa50 and AfricInvest, with participation from Ohara Pharmaceutical. Read More
Mediterrania Capital has secured a commitment from Bpifrance for its fourth fund, which is focused on mid-cap companies operating in North and Sub-Saharan Africa. Read More
SPE Capital and Proparco fully exited Amanys Pharma, a Morocco-based manufacturer of antibiotics and hospital specialty drugs, via a strategic sale to Laprophan. Read More
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