June 24th, 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 the deals below that full access would answer for you:

1.  How much did Amethis raise for their second fund in the end?
2. What are the details of Naspers Foundry's first deal?
3. How much did CDC spend and how big a stake did they buy in BMCE Bank of Africa?
4.  Who advised EXEO Capital for Agri-Vie II's fund raise?
5. How much has Swvl now raised in total following this, its biggest found so far?

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This week's issue supported by...             
Deal News...
Private Equity
UK's DFI buys stake in BMCE Bank of Africa
Britain's CDC Group is buying an equity stake in Morocco's BMCE Bank of Africa. The development finance institution has agreed to invest...

Swivl raises Egypt's largest ever venture round in deal led by Beco Capital and Vostok New Ventures.
Image Credit: Swivl
Venture Capital
Swvl raises Egypt's largest ever funding round
Swvl, an Egyptian mass transportation app business, has landed what's reportedly Egypt's ever largest-ever venture funding round...
Venture Capital
MAX.ng backed by Goodwell, Novastar and others
MAX.ng, a motorcycle ride-hailing company in Nigeria has landed a round of financing from a group of investors...
Venture Capital
Naspers' R1.4bln start-up fund makes first deal
Naspers Foundry, a start-up fund which was launched by Naspers late last year, has made its first investment. The consumer internet group's R1.4 billion fund is backing...
Venture Capital
Consonance backs Nigerian healthtech startup
Lagos-based Consonance Investment Managers has led a group of investors backing a Nigerian health tech startup...
Private Equity
Apis gets SA CompCom's approval to acquire Tutuka
Apis Partners received the all-clear from South Africa's Competition Commission to proceed with a planned acquisition of Tutuka Software...
This week's issue supported by...             
Funds & Fundraising news...
Private Equity
Amethis Fund II beats goal by 25% at final close
Having hit its original fundraising goal for its second pan-African fund by early February, Amethis announced the fund's final close last week, landing...
Private Equity
EXEO Capital handily beats final close goal for Agri-Vie II
EXEO Capital held the final close for the second Agri-Vie fund last week, handily beating its original goal and landing commitments totaling...
Trends & Perspectives...
Private Equity
EM investors lean towards equities and alternatives
A recent report from Mercer finds that institutional investors representing almost $5 trillion in assets across emerging markets are drifting somewhat in the same direction in different key aspects.
Private Equity Infrastructure
Africa's growing infrastructure challenge
Africa Outlook talks to African Infrastructure Investment Managers on overcoming the continent's expanding infrastructure deficit ...
Current Job Postings...
Jobs of the week...             
New this week...
Senior Investment Officer, Energy Debt Financing at responsAbility  // responsability.com
Based in Nairobi, Kenya
New this week...
Senior Investment Officer, FI Debt Financing at responsAbility  // responsability.com
Based in Nairobi, Kenya
Deal Team Manager at CDC  // cdcgroup.com
Based in London, United Kingdom
Manager, M&A Analytics, Financial Advisory TAS at Deloitte  // deloitte.com
Based in Woodlands, South Africa
ESG Manager at Impala Energy  // impalaenergy.com
Based in London, United Kingdom
Transaction Advisor, Clean Energy at CrossBoundary  // crossboundary.com
Based in Abidjan, Cote d'Ivoire
Associate, Development Impact at CDC  // cdcgroup.com
Based in London, United Kingdom
Analyst at CrossBoundary  // crossboundary.com
Based in Washington, DC, United States
Upcoming Conferences...
Highlighted Event...             
SuperReturn Africa 
Cape Town, South Africa, December 2nd to December 4th, 2019
Renpower Zimbabwe 2019 
Harare, Zimbabwe, July 3rd, 2019
Renpower Angola 2019 
Luanda, Angola, July 18th, 2019
Bonds, Loans & Sukuk East Africa 2019 
Nairobi, Kenya, September 17th, 2019
Africa Property Investment Summit & Expo 
Johannesburg, South Africa, October 2nd to October 3rd, 2019
AfricArena 
Cape Town, South Africa, November 11th to November 12th, 2019
TMT Finance Africa 2019 
London, United Kingdom, November 28th, 2019
Bonds, Loans & Sukuk Nigeria 2019 
Lagos, Nigeria, December 3rd, 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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