May 20th, 2019
The  weekly roundup of Africa's Private Capital news
  

Here's your weekly preview edition to this week's Africa Capital Digest. It was an interesting week and we're pretty sure you'd get a lot of value from having full access to the stories behind the headlines below.

Here's 4 questions having full access would answer for you:

1. What IRR and multiple is Verod reporting f ollowing the sale of Rotoprint
2. How much is Mediterrania Capital targeting for Fund III's final close?
3. How much money have CarePay and Heetch raised for their growth plans?
4. Which other investors are backing wiGroup alongside Investec?

Signing up is easy and gives you immediate access to all of the above and more.
Choose from one of the two options below:

Annual all digital plan (most cost-efficient) -  please click here
 
Monthly all digital plan (most flexible) -   please click here;

If you would like to find out more about a team membership for your organization, please email Teresa Hall  [email protected].
This week's issue supported by...             
Africa Tech Summit London
Deal News...
Private Equity
Verod Capital achieves final exit for pioneer portfolio
Verod Capital has sold the eighth and final asset from its original portfolio of investments...

Verod Capital sells Rotoprint, a leading manufacturer of flexible packaging for, among others,  West Africa's consumer product companies.
Image Credit: Pixabay
Private Equity
Investec invests follow-on round in wiGroup
Investec Asset Management is raising its stake in wiGroup, a company is first backed in 2015...
Venture Capital
CarePay raises significant growth capital round
CarePay International, a health payments firm with operations in Kenya, has raised a significant amount of growth equity for its Series A round...
Venture Capital
Cathay Innovation and Total Ventures back Heetch
Heetch has raised a hefty chunk of capital from a group of investors to support its expansion plans in francophone Africa...
This week's issue supported by...             
Hone your team's market intelliigence
with an
Africa Capital Digest Group Membership

Unlimited access, desktop and mobile, tailored pricing

Every week, Africa Capital Digest provides your team with news on all the deal, fundraising and people moves news they need to stay in the know about what is happening that helps hone their deal sourcing, client management and capital raising effectiveness.

Email Teresa Hall today to design a team membership that works for you and your organization.
Funds & Fundraising News...
Private Equity
Mediterrania lands commitment from Tunisia's CDC
Mediterrania Capital Partners has landed a commitment to its third and largest fund from Tunisia's Caisse des Depots et Consignations...
Sectors, Trends & Perspectives...
Perspectives
Abraaj's implosion to have lasting impact
The Economist reports on the likely fallout for investors from the collapse of The Abraaj Group. ..
Perspectives
Emerging markets to be best source of near-term yield
At a conference last week, Carlyle co-founder David Rubenstein told the audience that emerging markets offered the greatest reward in the next two years...
Companies, People & Profiles...
People
Former Abraaj-managed healthcare fund CEO resigns
The CEO of the $1 billion healthcare private equity fund formerly managed by The Abraaj Group has resigned....
People
Clifford Chance bolsters Africa practice with AFC hire
Clifford Chance announced the hire of Africa Finance Corporation's former Chief Operating Officer earlier this month...
Current Job Postings...
Jobs of the week...             
Investment Manager and/or Director, Consumer Business at CDC  // cdcgroup.com
Based in London, United Kingdom
New this week...
Investment Director, Infrastructure Equity at CDC  // cdcgroup.com
Based in London, United Kingdom
New this week...
Associate Director, Financial Advisory TAS at Deloitte  // deloitte.com
Based in Cape Town, South Africa
New this week...
Investment Manager at Afreximbank  // afreximbank.com
Based in Cairo, Egypt
Investment Officer at IFC  // ifc.org
Based in Nairobi, Kenya
New this week...
Senior Associate at CrossBoundary  // crossboundary.com
Based in Johannesburg, South Africa
New this week...
Investment Associate, Africa at Quona Capital  // quonacapital.com
Based in Washington, DC, United States
New this week...
Investment Analyst at Afreximbank  // afreximbank.com
Based in Cairo, Egypt
Investment Analyst at IFC  // ifc.org
Based in Nairobi, Kenya
Upcoming Conferences...
Highlighted Event...             
Africa Property Investment Summit & Expo 
Johannesburg, South Africa, October 2nd to October 3rd, 2019
New this week...
MEST Africa Summit 
Nairobi, Kenya, June 10th to June 12th, 2019
Africa Tech Summit 
London, United Kingdom, June 11th, 2019
Africa Energy Forum 
Lisbon, Portugal, June 11th to June 14th, 2019
AfricArena 
Cape Town, South Africa, November 11th to November 12th, 2019
TMT Finance Africa 2019 
London, United Kingdom, November 28th, 2019
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 full access 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

Africa Capital Digest is a product of Rowayton Press 
Customer Service |  [email protected] | P.O. Box 141,
Rowayton, CT 06853, USA