AIIM, SAHIF and STOA Acquire Additional 25.8% Stake in South Africa’s MetroFibre; Sanlam and African Rainbow Capital Exit

AIIM, alongside a consortium comprising South African Housing & Infrastructure Fund (SAHIF) and STOA, completed the acquisition of an additional 25.8% stake in MetroFibre Networx, a South Africa-based open access fiber network operator, from Sanlam Private Equity, African Rainbow Capital and a minority shareholder. The transaction follows the ZAR1.5b (~USD97m)… Read More

Acumen and FMO Lead USD6.4m Pre-Series A for Ghana’s Farmerline

Acumen Resilient Agriculture Fund and FMO led a USD6.4m pre-Series A for Ghana-based agtech Farmerline, with participation from Greater Impact Foundation. The company also raised USD6.5m in debt from DEG, Rabobank, Ceniarth, Rippleworks, Mulago Foundation, Whole Planet Foundation, the Netri Foundation and Kiva. Read more… Read More

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