November 11th, 2019
The  weekly roundup of Africa's Private Capital news

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This week's issue supported by...             
SuperReturn Africa 2019
Deal News...
Private Equity
ECP and Axian acquire Togocom stake in 9 figure deal
Pan-African private equity investor Emerging Capital Partners is teaming up with Axian Group to buy a controlling stake in Togocom...

ECP and Axian Group team up to buy majority stake in Togocom
Image Credit: Pixabay
Private Equity
Phatisa in take-private deal for Rolfes Holdings
An offer backed by Phatisa to acquire the outstanding share capital (minus certain exceptions) of JSE-listed Rolfes Holdings has been recommended to shareholders...
Private Equity
Ezdehar sells partial stake to sovereign wealth fund
Ezdehar Management is selling part of its stake in an Egyptian fabricator of aluminum sections and flat glass processor to a middle eastern sovereign wealth fund...
Private Equity
In full exit, EXEO Capital sells abalone business
EXEO Capital announced a full exit from an aquaculture business last week. The deal, which is the fifth exit for...
Private Debt
TLG Capital backs Branch Nigeria with debt
TLG Capital announced its latest financial services investment last week. The Africa-focused debt and equity investor is backing Branch Nigeria with...
Venture Capital
True Ventures leads Series A round for WeFarm
Having backed an earlier seed round for WeFarm, True Ventures is leading a group of investors backing the digital agribusiness network's Series A....
This week's issue supported by...             
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Fund & Fundraising News...
Private Equity
EIB signs off on new Amethis fund commitment
The European Investment Bank has signed off on an investment in a new fund currently being marketed by Amethis...
Venture Capital
Modus Capital opens MENA venture fund to outside LPs
New York-based Modus Capital is opening up its maiden MENA fund to outside investors. The hybrid venture capital investor, which is looking to raise...
Venture Capital
Second DFI in 2 weeks backs Cathay AfricInvest fund
Following FMO's commitment to the Cathay AfricIvest Innovation Fund last week, a second European development finance institution announced that it is adding...
Companies, People & Profiles...
People
Coleman set to leave Goldman Sachs
Having spent almost 20 years building up Goldman Sach's franchise in South Africa and the broader sub-Saharan region, the global investment banking firm's CEO in South Africa is retiring...
People
Agile hires dealmaker from Kleoss Capital
Agile Capital has appointed hired a 5-year Kleoss Capital veteran as a Principal on its private equity investment team...
Current Job Postings...
Job of the week...             
New this week...
Head, Brand & Communications at LeapFrog Investments
 
// leapfroginvest.com
Based in Sydney, Australia
Head, Business Integrity, Funds & Capital at CDC
// cdcgroup.com
Based in London, United Kingdom
Head, Business Integrity, Direct Equity at CDC
// cdcgroup.com
Based in London, United Kingdom
Head, Business Integrity, Debt & Infrastructure at CDC
// cdcgroup.com
Based in London, United Kingdom
New this week...
Senior Investment Officer, Energy Debt at responsAbility
 
// responsability.com
Based in Nairobi, Kenya
Senior Investment Officer at the IFC 
// ifc.org
Based in Johannesburg, South Africa
Senior Investment Officer at the IFC 
// ifc.org
Based in Dakar, Senegal
Upcoming Conferences...
Highlighted Event...             
Bonds, Loans & Sukuk Nigeria 2019 
Lagos, Nigeria, December 3rd, 2019
AfricArena 
Cape Town, South Africa, November 11th to November 12th, 2019
2nd Annual Project Financing, Trade & Investments 2019 
Accra, Ghana, November 11th to November 13th, 2019
Africa Early Stage Investor Summit 2019 
Cape Town, South Africa, November 13th to November 15th, 2019
TMT Finance Africa 2019 
London, United Kingdom, November 28th, 2019
SuperReturn Africa 
Cape Town, South Africa, December 2nd to December 4th, 2019
2020 Conferences...
SAVCA 2020 Annual Conference 
Stellenbosch, South Africa, Februay 25th to February 27th, 2020
AFSIC 2020   // afsic.net
London, United Kingdom, May 5th to May 7th, 2020
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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