April 1st, 2019
The  weekly roundup of Africa's Private Capital news

For colleagues interested in having their own access, please email us today
  

Here's the preview edition to this week's Africa Capital Digest. Would you benefit from having full access to the content in it? What regular information would make you more efficient and effective for your company?

Here's 7 reasons to sign up for full access today!

1. Find out  how much is being invested or what size stake the investor now owns 
2. See which of the  investor's partners are joining the  company's board
3.  Discover which advisory firms worked on the deal
4. Learn how  big a fund is/is planning to be
5. Determine a new fund's strategy; regions, sectors, target attributes, ticket sizes
6. Review a  new fund's LPs for this and prior closes
7. Access all of this week's content as well as all our content from the last 4 years 

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 at   [email protected].
This week's issue supported by...             
AFSIC 2019
Deal News...
Private Equity
SPE Capital backs Egyptian generics manufacturer
SPE Capital Partners announced has agreed to back an established generic pharmaceutical manufacturer in Egypt. The Tunis-headquartered private equity firm is investing...

SPE Capital Partners invests in Egyptian generics manufacturer, Future Pharmaceuticals Industries
Image Credit: Pixabay
Private Equity
Àrgentil completes follow-on deal for restaurant group
Àrgentil Asset Management has completed a follow-on investment in one of its portfolio holdings. The deal sees the investment firm invest...
Private Equity
Fanisi Capital sells stake in Kenyan pharmacy chain
Fanisi Capital is reportedly exiting its stake in Haltons Pharmacy, the retail pharmacy chain it first backed in 2013...
Funds & Fundraising News...
Private Equity
Meridiam re-closes its Africa infrafund
Meridiam has re-closed the Meridiam Infrastructure Africa Fund, having landed more than two and a half times the capital it originally set out to raise...
Private Equity
Uhuru Investment secures commitment for first fund
Uhuru Investment has raised some initial capital for its first fund. The Lagos-based private equity firm's first fund, Uhuru Growth Fund I, has secured...
Private Equity
Adiwalé Partners lands investment in maiden fund
Adiwalé Partners has secured a commitment for its first fund. The African Development Bank's Board has approved an investment of...
Private Equity
EIB mulls investment in Liberia's Gemini Fund
The European Investment Bank is considering a possible commitment to Gemini Capital's SME fund...
The deals done, the funds raised and the new board seats granted during the first quarter

We've extracted all the key data from our reporting over the first quarter to give you a cost-effective, comprehensive, one stop source of data on the deal and fundraising activity that took place in Africa over the past 3 months.

Deal values, stake sizes, fund launches, closes, and commitments. And any new board appointments that came about as a result of a deal. All presented in an excel workbook for you to add to your source library of private capital investment information in Africa today.

Download the workbook today as soon as you place your order for your copy.

Projects & Portfolio Company News...
Private Equity
Uber buys Careem in MENA's largest ever tech deal
Careem, whose app-based car service is used in over 120 cities and towns from Morocco to Pakistan, is being acquired by industry behemoth, Uber...
Sectors, Trends & Perspectives...
Perspectives
Will Ethiopia become the continent's next powerhouse?
With one of Africa's fastest-growing economies, Witney Schneidman believes current political and economic reforms could make the country one of Africa's undisputed leaders....
Companies, People & Profiles...
Companies
Investor services group SGG rebrands as IQ-EQ
Global investor services firm SGG Group now has a new name, tieing together the group of acquisitions the Luxembourg-headquartered firm has made under one brand...
This week's issue supported by...             

Current Job Postings...
Jobs of the week...             
New this week...
Investment Associate at Global Innovation Fund  // globalinnovation.fund
Based in London, United Kingdom or Washington, DC, United States
ESG Manager at Verod Capital  // verodcapital.com
Based in Lagos, Nigeria
Investment Banker, Diversified Industrials/FMCG at Nedbank  // nedbank.co.za
Based in Johannesburg, South Africa
Manager, Corporate Strategy at CDC  // cdcgroup.com
Based in London, United Kingdom
Investment Analysts at IFC  // ifc.org
Based in Multiple Locations
Upcoming Conferences...
Highlighted Event...             
Africa Energy Forum 
Lisbon, Portugal, June 11th to June 14th, 2019
16th Annual AVCA Conference 
Nairobi, Kenya, April 1st to April 5th, 2019
AFSIC 2019, Investing in Africa 
London, United Kingdom, May 8th to May 10th, 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
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