October 8th, 2018
The  weekly roundup of Africa's Private Capital news

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Phatisa holds first close for planned $300 millon Phatisa Food Fund 2
  

Welcome to the latest preview of our weekly wrap of the most interesting Africa-related private equity, infrastructure and venture capital deal stories, market opinion articles and information pieces. 
  
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  • Accessing more than 4 year's worth of searchable, archived content
Take us up this special offer, by clicking the following link: 
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Once again, many thanks for being a reader. I hope you take us up on our offer. If you have any questions, please email Allan Cunningham today.
This week's issue supported by...             
SuperReturn 2018
Deal News...
Private Equity
Helios backs Francophone education provider
Helios announced that it is making an investment in a Morocco-based private higher education provider. The Africa-focused private equity fund manager is backing...

Pixabay - Agriculture
Phatisa holds first close for planned $300 million Phatisa Food Fund 2
Private Equity
Enko Capital backs telecom infrastructure firm
On Tuesday, Enko Capital Managers announced that it has completed an investment in Network Industry and Services, a company which...
Private Equity
Ethos takes majority stake in South Africa's Gammatek
Ethos Capital's Mid Market Fund is leading a deal to take a control stake in Gammatek. The private equity fund is spending...
This week's issue supported by...             
Africa 2018
Funds & Fundraising News...
Private Equity
Phatisa holds first close for second food fund
South African private equity fund manager Phatisa has announced the first close for its Phatisa Food Fund 2, a successor fund to the African Agriculture Fund, garnering...
Private Equity
AfricInvest's FIVE hits 20% of goal at second close
AfricInvest held a second close for its evergreen financial services investment platform FIVE last week. Having raised...
Projects & Portfolio Companies...
Private Equity
Former Abraaj portfolio lists on Egyptian Stock Exchange
Former Abraaj portfolio company Cairo for Investment & Real Estate Development (CIRA) listed on the Egyptian Stock Exchange last week. The company raised...
Trends & Perspectives...
Private Equity
U.S. Congress takes lead in US-Africa Policy
Witney Schneidman writes in Brookings that the BUILD Act which passed the Senate last Wednesday could be the most significant U.S. initiative towards Africa during the Trump era...
This week's issue supported by...             
Partner Perspective - Private Equity
The Symbiosis of Entrepreneurs and Private Equity
Like entrepreneurs, Private Equity operates in the higher-risk investment arena. "Neither entrepreneurs nor PE players are satisfied with mediocre performance or with average returns," notes Mike Donaldson, CEO of RMB Corvest. "Both would rather carry risk for superior returns - and both have the foresight to perceive high yield potential."
Healthcare
Private sector's role financing Africa's healthcare needs
A CNBC Africa interview with Vera Songwe on the sidelines of the United Nations General Assembly week in New York on public private partnerships and Africa's healthcare sector...
Infrastructure
New solutions needed to close Africa's infra gap
Euromoney looks at how private-sector solutions from Africa's pension funds and international insureance companies could help plug the gap...
Companies, People & Profiles...
Companies
SAVCA appoints new board members
At SAVCA's annual general meeting last week, the industry association appointed two new directors to its board, and re-appointed one other...
Current Job Postings...
Jobs of the week...             
Senior Investment Professional, Private Equity at Obviam  // obviam.ch
Based in Bern, Switzerland
Investment Director, Project Finance at CDC  // cdcgroup.com
Based in London, United Kingdom
Investment Director, Infrastructure Direct Equity at CDC  // cdcgroup.com
Based in London, United Kingdom
Investment Manager, Project Finance at CDC  // cdcgroup.com
Based in London, United Kingdom
ESG Officer at Obviam  // obviam.ch
Based in Bern, Switzerland
Associate, Financial Sponsor Transaction Group at Investec  // investec.co.uk
Based in London, United Kingdom
New this week...
Associate, TMT Corporate Finance at Investec  // investec.co.uk
Based in London, United Kingdom
Associate, Construction & Real Estate Equity at CDC  // cdcgroup.com
Based in London, United Kingdom
ESG Analyst at Obviam  // obviam.ch
Based in Bern, Switzerland
Upcoming Conferences...
Highlighted Event...             
Africa Renewable Energy Forum 
Marrakech, November 14th to November 15th, 2018
Zimbabwe Infrastructure, Power & New Energy Investors Conference 
Harare, October 10th to October 11th, 2018
SuperReturn Africa 
Cape Town, November 5th to November 7th, 2018
Bonds, Loans and Sukuk Nigeria 
Lagos, November 6th, 2018
Project, ECA & Structured Finance Middle East and Africa 
Dubai, November 6th to November 7th, 2018
Gas Options: North & West Africa Summit 
Marrakech, November 14th to November 15th, 2018
African Agri Investment and Trade Indaba 
Cape Town, November 27th to November 28th, 2018
Russia-Africa Trade & Investment Summit 
Dubai, November 28th to November 29th, 2018
International Gas Cooperation Summit 
Durban, December 4th to December 5th, 2018
New this week...
Africa 2018 | Business for Africa and the World 
Sharm El-Sheikh, December 8th to December 9th, 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 subscribe to Africa Capital Digest and receive a special introductory offer to the service if they take a moment  to   sign up here today.

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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