May 13th, 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 the access to the full stories behind the headlines.

Here's 5 questions about last week's activity full access would answer for you:

1. Which LPs are backing LeapFrog's third fund? 
2. What IRR is Metier targeting for Sustainable Capital II's LPs?
3. How much is Helios targeting for Fund IV's final close?
4. How much money did InstaDeep raise for its Series A?
5. What will TPG rename Abraaj's Healthcare fund and will its mandate change?

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This week's issue supported by...             
Africa Energy Forum 2019
Funds & Fundraising News...
Private Equity
LeapFrog jumps over final close target for Fund III
LeapFrog Investments has handily exceeded its final close target for its third fund, and could possibly win an additional commitment...

COnsumer
LeapFrog handily exceeds its final close target for its third fund, which will invest in healthcare and financial services businesses serving Africa's consumers.
Image Credit: Pixabay
Private Equity
Helios's latest fund in line for IFC commitment
Helios Investment Partners' potentially record-breaking fourth fund is in line for a commitment from the IFC...
Private Equity
TPG takes over management of Abraaj healthcare fund
The fund that pitched The Abraaj Group into the financial turmoil which ended up with its provisional insolvency filing in the middle of last year, has a new manager...
Private Equity
EIB mulls backing for Metier's second sustainable fund
The European Investment Bank is considering a commitment in South Africa-based private equity firm Metier's second sustainable capital fund...
Deal News...
Venture Capital
Allianz X makes first Africa-headquartered company deal
Allianz X has announced its first investment in an African-headquartered company...
Venture Capital
AfricInvest leads Series A for enterprise AI startup
AfricInvest is leading the Series A investment round for an enterprise AI startup which was launched in Tunis in 2014...
This week's issue supported by...             

Africa Tech Summit London
Private Equity
DOB Equity backs clean drinking water provider
DOB Equity is investing in a producer and distributor of clean drinking water in Tanzania. The Dutch family-backed impact investor is investing...
Venture Capital
MYDAWA raises expansion capital
MYDAWA has secured capital to fund its expansion plans in its home country of Kenya.  The e-healthcare platform has raised...
Credit
AgDevCo provides credit facility to Tradin Organic
AgDevCo, a specialist investor in African agribusinesses, is providing an organic food distributor with credit to source cocoa from small-holders in Sierra Leone. This is...
Projects & Portfolio Companies...
Private Equity
IFC's board approves loan to Moroccan university
The IFC's Board has approved a senior loan to a Moroccan private education provider which counts a couple of significant private equity backers among its shareholders...
 
Read more...
Sectors, Trends & Perspectives...
Sectors
Banks investing in fintech to reach Africa's unbanked
A special report in the Financial Times on how Banks are investing in fintech to reach unbanked consumers in Africa and the Middle East...
Current Job Postings...
Jobs of the week...             
Principal, Infrastructure, Public Sector at Nedbank  // nedbank.co.za
Based in Johannesburg, South Africa
New this week...
Regional Director, East & Southern Africa at World Bank  // worldbankgroup.com
Based in Washington, DC, United States
New this week...
Regional Director, Central & West Africa at World Bank  // worldbankgroup.com
Based in Washington, DC, United States
New this week...
Principal Investment Officer at IFC  // ifc.org
Based in Nairobi, Kenya
Investment Manager and/or Director, Consumer Business at CDC  // cdcgroup.com
Based in London, United Kingdom
New this week...
Investment Officer at IFC  // ifc.org
Based in Nairobi, Kenya
New this week...
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
21st EMPEA Global Private Equity Conference 
Washington, DC, United States, May 13th to May 15th, 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

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