The
weekly roundup of Africa's Private Capital news
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Here's the latest weekly preview edition of the most interesting Africa-related private equity, infrastructure and venture capital deal stories, market opinion articles and information pieces.
Many thanks for being a reader. I'd encourage you to join our growing cohort of paid subscribers for 2018. Becoming a paid subscriber will give you immediate access to all the full stories in this week's edition as well as to those in all previous editions. The process is quick and simple and provides you with the flexibility of signing up for a year or on a month-by-month basis. You can choose from one of the following options below:
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This week's issue supported by...
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Private Equity
TPG Growth leads club deal backing TRACE
TPG Growth leads deal to TRACE, the multi-platform media and entertainment company recognized as one of sub-Saharan Africa's leading youth brands.
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TPG Growth, Satya Capital and Evolution Media take stake in media and entertainment company TRACE
Image Credit: TRACE |
Private Equity
Mediterrania's third fund backs construction firm TGCC
Mediterrania Capital Partners has announced it is making its debut investment for its third fund.
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Private Equity
Helios and GE Ventures back Off Grid Electric's Series D
Helios and GE's venture capital subsidiary have teamed up to back Off Grid Electric's Series D round in the largest venture equity investment on the continent.
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Private Equity
Atlas Mara lifts stake in Union Bank to 48%
Atlas Mara took the opportunity to increase its stake in Union Bank of Nigeria during the Bank's recent oversubscribed rights issue.
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Private Equity
Shell, ENGIE and Swedfund back mini-grid provider Husk
Husk Power Systems, a rural distributed utility company operating mini-grids in India and Tanzania, has announced an equity investment from a group of backers.
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Private Equity
Injaro and BIO co-invest in Niger poultry farm
Injaro Investments and BIO are joining forces to back AviNiger, a poultry farm in Niger.
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Venture Capital
Partech Africa launches having raised over 50% of goal
Partech Ventures unveiled the official launch of what's expected to become the largest venture capital fund focused on digital technology startups in sub-Saharan Africa.
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This week's issue supported by...
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Healthcare
Abraaj mulls sale of North Africa hospitals business
According to
Bloomberg, The Abraaj Group has tapped Citigroup and EFG-Hermes to manage an initial public offering or sale of its North African hospitals business.
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Private Equity
Private debt can help spur Africa's growth
Writing in the
Financial Times, DPI's Runa Alam and Afreximbank's Ibrahim Sagna explain how Africa presents a significant opportunity for private debt investors
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Private Equity
5 Private Equity Funds holding $100mln plus final closes
Apis, Adenia, Momentum and others held final closes for their latest funds in excess of $100 million in 2017
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Private Equity
Top $100mln+ Africa private equity fund launches in 2017
A.P. Moller Capital, Phatisa, Capitalworks and others launched investment vehicles looking for several hundred million dollars during 2017.
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Companies, People & Profiles...
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People
Wendel's Heuzé made Managing Director
Stéphane Heuzé has been made a Managing Director in the investment firm's latest round of promotions.
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People
Macmillan promoted in Carlyle's latest round
Rory Macmillan has been promoted to Managing Director as part of the alternative investment giant's annual promotion round.
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People
White & Case boost SA's M&A practice with two hires
White & Case has appointed two new M&A partners to its office in Johannesburg.
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This week's featured job...
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Based in Dubai, United Arab Emirates
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Based in Johannesburg, South Africa
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Based in Dubai, United Arab Emirates or Ebene, Mauritius
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Investment Director/Manager, Impact Fund, Intermediated Equity
// cdcgroup.com
Based in London, United Kingdom
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Cape Town, March 15th, 2018
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Regional Energy Cooperation Summit
Abidjan, January 24th to January 25th, 2018
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Investing in African Mining Indaba
Cape Town, February 5th to February 8th, 2018
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SAVCA 2018 Annual Conference
Stellenbosch, February 21st to February 22nd, 2018
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Bonds, Loans & Sukuk Africa
Cape Town, March 13th to March 14th, 2018
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2nd Annual Pension Funds and Alternative Investments Africa
Balaclava, Mauritius, March 15th to March 16th, 2018
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4th Africa Mini Grids Summit
Nairobi, March 21st to March 22nd, 2018
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15th Annual AVCA Conference
Marrakech, April 22nd to April 26th, 2018
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AFSIC 2018: Investing in Africa
London, May 2nd to May 4th, 2018
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We hope you found the digest to be a useful summary of the major happenings in Africa's private capital markets last week. We'd love it if you shared it with colleagues and business partners. They can sign up for a free trial, for the moment,
here.
Best wishes for a productive week - if you have any tips, suggestions, questions or comments, please get in touch.
All the best,
- Allan
Allan Cunningham
Editor & Publisher
AfCD | Africa Capital Digest
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Africa Capital Digest is a product of Rowayton Press
Rowayton, CT 06853, USA
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Copyright © 2016 Rowayton Press, LLC. All Rights Reserved.
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