May 21st, 2018
The  weekly roundup of Africa's Private Capital news

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Welcome to the latest 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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This week's issue supported by...             
ATIGS 2018
Deals and Deal News...
Private Equity
TPG-managed Rise Fund leads Cellulant deal
Cellulant, a digital payments provider, has raised a growth round from a group of investors led by the TPG Growth-managed Rise Fund.

Cellulant raises capital from an investor consortium led by TPG Growth's The Rise Fund.
Image Credit: Cellulant
Private Equity
Consonance Kuramo takes equity in Century
Consonance Kuramo Special Opportunities Fund is taking an equity stake in real estate platform Century Development.
Private Equity
Moringa backs Togolese juice processor
The Moringa Fund announced its sixth investment last week, backing a Togolese company developing a juice processing factory.
This week's issue supported by...             
Time's running out...
Get the best deal on the 2018 Guide to Sub-Saharan Private Equity from Africa Capital Digest

Make sure you order Africa Capital Digest's 2018 Guide to sub-Saharan Private Equity today to ensure you enjoy the 25% pre-publication savings on this comprehensive, up-to-date source of information. It will include:
  • Firm profiles with Names, Emails of each firm's investment professionals
  • Details of active funds, preferred deal sizes, regional and sector preferences
  • Information on current portfolio companies and projects
  • Headquarter and Regional Office contact details
  • Quick reference indexes of fund managers and portfolio companies by sector
"The must-have reference and planning resource for investors and their advisers exploring the private equity investment opportunity in sub-Saharan Africa."

Sectors, Trends & Perspectives...
Trends
Sub-Saharan private investment slowed in 2015 and 2016
A brief analysis from Brookings on the IMF's latest report that finds private investment growth slowed or turned negative in a majority of sub-Saharan countries in 2015-2016.
Perspectives
Private investment in Africa is "about to explode"
In spite of a pull back in private investment in 2015 and 2016, TLG Capital's Zhi Yong Heng discusses his view that its set to explode in sub-Saharan Africa.
Perspectives
Reasons to be bullish on FinTech in Africa
An op-ed piece for CNBC Africa by investor and entrepreneur Issam Chleuh on why FinTech is the next big thing for financial services in Francophone Africa.
Companies, Profiles & People...
People
Bayakha taps Kodisang to head investment committee
Bayakha Investment Partners has appointed Ben Kodisang as Chair of the South African infrastructure fund manager's investment committee.
People
Actis appoints new head of EMEA IR
Actis has appointed Sovereign Capital's former head of investor relations to head up fundraising and investor relations across Europe, the Middle East and Africa..
People
Orrick boosts Abidjan team with Partner hire
International law firm Orrick has boosted the number of lawyers in its affiliate office in Abidjan.
Current Job Postings...
Highlighted job...             
New this week...
Associate, Development Impact (Intermediated Equity) at CDC  // cdcgroup.com
Based in London, United Kingdom
New this week...
Investment Analyst, Financial Sector at African Development Bank  // afdb.org
Based in Abidjan, Côte d'Ivoire
Principal, Off-Grid Energy at CrossBoundary  // crossboundary.com
Based in Lagos, Nigeria
Senior Associate, Minigrid Innovation Lab at CrossBoundary  // crossboundary.com
Based in Nairobi, Kenya
Associate, Off-Grid Energy at CrossBoundary  // crossboundary.com
Based in Lagos, Nigeria
Investment Associate, Debt Team at CDC  // cdcgroup.com
Based in London, United Kingdom
Investment Associate, Equity Investments at CDC  // cdcgroup.com
Based in London, United Kingdom
Capital Markets Transaction Leader at Open Capital  // opencapitaladvisors.com
Based in Nairobi, Kenya
Analyst, Off-Grid Energy at CrossBoundary  // crossboundary.com
Based in Lagos, Nigeria
Analyst, Financial Services Strategy at Genesis Analytics  // genesis-analytics.com
Based in Johannesburg, South Africa
Analyst, Financial Services Strategy at Genesis Analytics  // genesis-analytics.com
Based in Nairobi, Kenya
Upcoming Conferences...
Highlighted Event...             
Finnovation South Africa 
Johannesburg, June 6th, 2018
WAMPEX 2018 
Accra, May 30th to June 1st, 2018
Finnovation Kenya 
Nairobi, May 31st, 2018
Africa Energy Forum 2018 
Black River, Mauritius, June 19th to June 22nd, 2018
Africa Trade & Investment Global Summit 
Washington, DC, June 24th to June 26th, 2018
TMT Finance Africa 2018 
London, September 19th, 2018
New this week...
Regional Energy Cooperation Summit 
Accra, September 26th to September 28th, 2018
New this week...
Africa Renewable Energy Forum 
Marrakech, November 30th to December 1st, 2018
New this week...
International Gas Cooperation Summit 
Durban, December 4th to December 5th, 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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