November 27th, 2017
The  weekly roundup of Africa's Private Capital news


  

Welcome to this week's preview edition of Africa Capital Digest. As you may know, access to Africa Capital Digest's full content has been transitioned to a paid service, but we are very happy to continue providing you with the preview edition on a complementary basis.

While this preview edition limits your access to full stories about  the key private equity, infrastructure and venture capital deals on our website, becoming a paid subscriber will give you immediate access. 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...             
Mining Indaba 2018
Deals and Deal News...
Private Equity
Mitsui & Co.'s ETG deal gives SCPE its exit
Mitsui & Co. has agreed to take a minority stake in ETG, an agricultural-commodity supply chain manager in Africa.

Mitsui's stake acquisition in agricultural-commodity supply chain manager ETG gives SCPE a full exit
Private Equity
Investec sells Daraju stake
Investec Asset Management has sold its stake in Ashwah Holdings, the parent company of Daraju Industries.
Private Equity
Vantage backs Purple Capital
Vantage Capital is providing funding to Purple Capital, a specialist real estate and financial services investment firm.
Private Equity
XSML backs Ugandan pharmacy chain
XSML's African Rivers Fund is backing Ecopharm, a pharmacy chain with eight branches in Uganda's capital city, Kampala.
Private Equity
Àrgentil backs Nigerian restaurant and lounge company
Àrgentil Capital Partners is backing the restaurant subsidiary of Nigerian media and entertainment group company Chocolate City Group.
This week's issue supported by...             
PIA Africa 2018
Funds & Fundraising...
Private Equity
AfDB commits to Capitalworks' new vehicle
The African Development Bank has become the latest development finance institution to commit capital to Africa Capitalworks.
Private Equity
Phatisa gets commitment for Food Fund II
Phatisa has landed more capital for the Phatisa Food Fund II, a successor fund to the Africa-focused private equity firm's African Agriculture Fund.
Sectors & Strategies...
Private Equity
Private equity confidence in Africa up, survey finds
Deloitte has just published the results of its 2017 Africa Private Equity Confidence Survey.
Distressed Investing
Top sectors for distressed investing in Africa
While distressed asset deals in Africa are not booming, talk is growing. Kurt Davis in AFK Insider takes a shot at predicting which sectors offer distressed investors the most potential.
Healthcare
The pharma startup getting major Silicon Valley support
A profile in Quartz Africa of mPharma, the Ghana-based startup disrupting Africa's pharmacy retail supply chain.
Current Job Postings...
This week's featured jobs...             
Investment Executive, Off-Grid Solar Debt Team at CDC  // cdcgroup.com
Based in London, United Kingdom
Director of Project Finance at Africa50  // africa50.com
Based in Casablanca, Morocco
Senior/Principal Investment Officer at Africa50  // africa50.com
Based in Casablanca, Morocco
Investment Officer at Africa50  // africa50.com
Based in Casablanca, Morocco
Senior Manager. Transaction Diligence at EY  // ey.com
Based in Cairo, Egypt
Investment Associate, Debt Team at CDC  // cdcgroup.com
Based in London, United Kingdom
Portfolio Analyst at Phatisa  // phatisa.com
Based in Johannesburg, Abidjan or Mauritius
Investment Analyst at Africa50  // africa50.com
Based in Casablanca, Morocco
Upcoming Conferences...
Highlighted Event...             
Gas Options North & West Africa 
Marrakech, November 29th to November 30th, 2017 
Africa Renewable Energy Forum 
Casablanca, November 30th to December 1st, 2017 
SuperReturn Africa
Cape Town, December 4th to December 6th, 2017 
Sharm El Sheikh, December 7th to December 9th, 2017 
2018 Events...
New this week...
Regional Energy Cooperation Summit 
Abidjan, January 24th to January 25th, 2018 
Investing in African Mining Indaba 
Cape Town, February 5th to February 8th, 2018 
SAVCA 2018 Annual Conference 
Stellenbosch, February 21st to February 22nd, 2018 
Bonds, Loans & Sukuk Africa 
Cape Town, March 13th to March 14th, 2018
2nd Annual Pension Funds and Alternative Investments Africa 
Balaclava, Mauritius, March 15th to March 16th, 2018
AFSIC 2018 
London, May 2nd to May 4th, 2018
And finally...
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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