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...
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Private Equity
Kuramo backs new Nigerian airline's Series A
Africa-focused alternative investment firm Kuramo Capital Management has invested in Green Africa Airways' Series A round.
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| New York-based Kuramo Capital leads investment in Green Africa Airways' Series A round |
Private Equity
Novastar leads investment in Ethiopian food group
Novastar Ventures has led a group of investors backing a specialty food company headquartered in Ethiopia.
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Venture Capital
EIB considers commitment to Sawari's first fund
The European Investment Bank is considering a possible commitment to Sawari Ventures' first fund, which was launched in late 2015.
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Private Equity
Dutch DFI mulls re-upping for Novastar's second fund
Having backed Novastar's first fund, FMO is mulling whether to make a commitment to the Nairobi-based GP's second fund.
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This week's issue supported by...
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Partner Content - Private Equity
Still wanted: smart, strategic private equity deals
T
he past three years have reset benchmarks in private equity and debt markets. Whereas there was previously far more "easy" money to be had says RMB Corvest,
the economic downturn has brought with it an increasingly realistic and sober approach to investment, and an appreciation that one can no longer expect to
achieve
the same level of gearing.
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Private Equity
Safaricom's pension fund to up private equity allocation
At their Annual General Meeting last week, Safaricom's Pension Scheme members heard their Chairman, Joseph Ogutu, indicate that the scheme was looking to allocate more asset pool to private equity and other alternative investments.
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Private Equity
Consolidation possible among Africa's tower companies
Bloomberg reports that Africa's tower companies will look to consolidate and build scale before re-invigorating their abandoned IPO plans.
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Private Equity
Zeder sees opportunity in agri-tech businesses
Moneyweb reports that agribusiness investor Zeder Investments is seeing opportunity in technology-driven businesses across the food and beverage value chain.
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Trends
MENA's private equity firms face fundraising challenges
According to Gulf News, the fundraising struggles experienced by MENA's private equity firms in recent years look set to continue as LPs digest the fallout from Abraaj's recent woes.
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Perspectives
African lessons from Alaska's permanent fund dividend
Brookings argues that by adopting Alaska's approach to natural resource investment and management offers Africa a blueprint for generating equitable economic growth, creating wealth and fair redistribution of profits to its people.
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This week's issue supported by...
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The essential 2018 Guide to sub-Saharan Africa's
Key Private Equity Investors
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Companies, People & Profiles...
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People
Zubairu tapped to lead AFC following 6 month search
Africa Finance Corporation has appointed a new President and Chief Executive Officer to replace Andrew Alli, who is leaving after a decade-long tenure.
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People
Abraaj's Co-CEOs step down from board
The two Co-CEOs of The Abraaj Group's investment management group have resigned from the business's board of directors.
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Companies
Zimbawean law firm joins DLA Piper's Africa network
DLA Piper has added another member firm to its Africa network, further expanding its footprint on the continent.
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Based in Abidjan, Cote d'Ivoire
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Principal Investment Officer, Renewable Energy at African Development Bank
// afdb.org
Based in Abidjan, Cote d'Ivoire
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Based in Abidjan, Cote d'Ivoire
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Based in Casablanca, Morocco
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Investment Executive, Impact Funds, Intermediated Equity at CDC
// cdcgroup.com
Based in London, United Kingdom
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Manager, Transacton Services at Deloitte
// deloitte.com
Based in Johannesburg, South Africa
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Manager, Valuations at Deloitte
// deloitte.com
Based in Johannesburg, South Africa
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Executive, Development Impact, Financial Institutions at CDC
// cdcgroup.com
Based in London, United Kingdom
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Based in The Hague, Netherlands
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Investment Officer, Financial Institutions Africa at FMO
// fmo.nl
Based in The Hague, Netherlands
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Senior Associate Private Equity Energy Africa at FMO
// fmo.nl
Based in The Hague, Netherlands
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Based in Abidjan, Cote d'Ivoire
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Cape Town, November 5th to November 7th, 2018
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2nd Namibia Renewable Energy & Power Infra Investors
Windhoek, July 5th, 2018
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London, September 19th, 2018
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Regional Energy Cooperation Summit
Accra, September 26th to September 28th, 2018
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Bonds, Loans and Sukuk East Africa
Nairobi, October 2nd, 2018
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Bonds, Loans and Sukuk Nigeria
Lagos, November 6th, 2018
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Project, ECA & Structured Finance Middle East and Africa
Dubai, November 6th to November 7th, 2018
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Africa Renewable Energy Forum
Marrakech, November 15th to November 16th, 2018
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Gas Options: North & West Africa Summit
Marrakech, November 15th to November 16th, 2018
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International Gas Cooperation Summit
Durban, December 4th to December 5th, 2018
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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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Africa Capital Digest is a product of Rowayton Press
Rowayton, CT 06853, USA
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Copyright © 2016 Rowayton Press, LLC. All Rights Reserved.
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