The
weekly roundup of Africa's Private Capital news
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Here's this week's wrap of the most interesting Africa-related private equity, infrastructure and venture capital deal stories, market opinion articles and information pieces. Thank you for being a reader and we look forward to continuing to keep you informed on the private capital investment themes, deals and fund raises in Africa throughout the year.
One final reminder; if any of your colleagues or business partners would like to join you and have access to all that an Africa Capital Digest membership offers, they can join easily by
clicking here or emailing me at
[email protected].
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This week's issue supported by...
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Private Equity
Agile and RMB Corvest fund backs Averge Technologies
Agile Capital, through Agile Capital IV, the investor's latest private equity vehicle in partnership with RMB Corvest, has acquired a stake in Averge Technologies...
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Agile Capital IV takes stake in South Africa's Averge Technologies
Image Credit: Pixabay
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Private Equity
Verod sells UTL in first exit for Fund II
Hot on the heels of its last investment for its sophomore fund two weeks ago, Verod Capital Management announced the first exit for the $115 million fund last week...
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Private Debt
EAIF anchors debt for student housing project
The Emerging Africa Infrastructure Fund is anchoring the debt issuance being raised to finance the construction of 6 student properties in Nairobi. The investment marks...
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Venture Capital
Sawari leads VCs backing Alimentor's Series A
Sawari Ventures has led a group of investors backing Alimentor's Series A. The Egyptian venture capital firm is being joined by...
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Venture Capital
Dell Foundation completes SweepSouth's latest round
The Michael & Susan Dell Foundation has become the latest and last investor in SweepSouth's recent funding round, lifting the total amount raised to...
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Projects & Portfolio Company News...
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Travel & Tourism
Amadeus-backed TravelStart buys travel group
Travelstart, an online travel business which counts Amadeus Capital Partners among its backers, has acquired Club Travel Group and its subsidiaries from...
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This week's issue supported by...
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Fund & Fundraising News...
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Private Equity
Lorax Capital in line for EBRD fund commitment
Lorax Capital Partners is in line for a commitment to its second fund from the European Bank for Reconstruction and Development. The Bank is considering a...
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Private Capital
Family office becomes TLG Capital's biggest investor
TLG Capital has received backing from a Middle Eastern family office, which becomes the Africa-focused debt and equity investor's largest investor to date..
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Private Equity
EIB mulls investment in XSML's latest fund
XSML Capital's latest fund, African River Fund III, is being considered for a potential capital commitment by the European Investment Bank. The development finance institution is mulling a...
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Private Equity
IFC confirms commitment to maiden CardinalStone fund
Four and a half months after announcing it was considering an investment in CardinalStone Capital Advisers maiden fund, the IFC confirmed the commitment last week, adding...
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Private Equity
AHWA launches capital raise for housing developments
American Homebuilders of West Africa has launched a capital raise to fund working capital requirements and support its expansion into new markets in West Africa...
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Companies, People & Profiles...
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Companies
CMS strikes deals with Daly Inamdar and RM Partners
CMS has become the latest law firm to beef up its presence in Africa, inking deals with RM Partners in South Africa and Daly & Inamdar Advocates in Kenya...
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Head, Business Integrity, Funds & Capital at CDC
// cdcgroup.com
Based in London, United Kingdom
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Investment Manager, Consumer & Business Services at CDC
// cdcgroup.com
Based in London, United Kingdom
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Executive, Development Impact Funds & Capital at CDC
// cdcgroup.com
Based in London, United Kingdom
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Business Analyst at First Brick Holdings
// firstbrick.io
Based in Nairobi, Kenya
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Investment Associate, Catalyst Funds at CDC
// cdcgroup.com
Based in London, United Kingdom
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Healthcare Investment Analyst at Roha Group
// roha-africa.com
Based in Nairobi, Addis Ababa or Dubai
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New this week...
Africa Early Stage Investor Summit 2019
Cape Town, South Africa, November 13th to November 15th, 2019
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Cape Town, South Africa, October 22nd to October 24th, 2019
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3rd Renewable Energy & Power Infrastructure Investors Conference
Addis Ababa, Ethiopia, October 31st, 2019
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Cape Town, South Africa, November 11th to November 12th, 2019
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London, United Kingdom, November 28th, 2019
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Cape Town, South Africa, December 2nd to December 4th, 2019
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Bonds, Loans & Sukuk Nigeria 2019
Lagos, Nigeria, December 3rd, 2019
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London, United Kingdom, May 5th to May 7th, 2020
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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 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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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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