September 24th, 2018
The  weekly roundup of Africa's Private Capital news

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Welcome to the latest preview of our 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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Once again, many thanks for being a reader. I hope you take us up on our offer. If you have any questions, please email Allan Cunningham today.
This week's issue supported by...             
SuperReturn 2018
Deal News...
Private Equity
Helios buys significant stake in TPAY Mobile
Helios Investment Partners has acquired a majority stake in one of the MENA region's fastest-growing direct carrier billing providers...

Helios Investment Partners takes a majority stake in MENA region's fast-growing TPAY Mobile
Private Equity
DPI acquires majority stake in Moroccan irrigation firm
Development Partners International is backing an irrigation business in the largest private equity transaction announced in Morocco so far this year...
Private Equity
AfricInvest sells Kiboko Holdings stake
AfricInvest, one of the larger Africa-focused private equity fund managers, has sold its stake in Kiboko Holdings...
Private Equity
Goldman Sachs leads JUMO's latest funding round
Goldman Sachs has led a group of investors participating in JUMO's latest equity funding round...
Private Equity
ARC Investments takes stake in Moloto Capital
African Rainbow Capital Investments announced last week that it is is acquiring an interest in Moloto Capital Investments...
Private Equity
Kuramo Capital ups its stake in GenAfrica
Kuramo Capital is upping its holding in one of East Africa's largest pension fund managers...
This week's issue supported by...             
Funds & Fundraising...
Impact Investment
CDC, OFID invest in blended finance education fund
CDC Group and the OPEC Fund for International Development (OFID) are among the new investors backing the Regional Education Finance Fund for Africa...
Projects & Portfolio Companies...
Healthcare
Private Equity-backed CiplaQCIL lists on USE
Cipla Quality Chemical Industries priced and allocated its IPO on the Ugandan Stock Exchange last week...
Trends & Perspectives...
This week's issue supported by...             
Partner Perspective - Private Equity
The Symbiosis of Entrepreneurs and Private Equity
Like entrepreneurs, Private Equity operates in the higher-risk investment arena. "Neither entrepreneurs nor PE players are satisfied with mediocre performance or with average returns," notes Mike Donaldson, CEO of RMB Corvest. "Both would rather carry risk for superior returns - and both have the foresight to perceive high yield potential."
Companies, People & Profiles...
Companies
PIC acquires Afreximbank Class B shares
The Public Investment Corporation is making an equity investment in the African Export-Import Bank...
People
Africa50 appoints 5 non-executive directors
Africa50 has almost doubled the size of its Board of Directors with the addition of 5 new independent directors...
Current Job Postings...
Jobs of the week...             
Divison Manager, Corporate & Strategic Portfolio Management PINS2 at African Development Bank  // afdb.org
Based in Abidjan, Côte d'Ivoire
Divison Manager, Strategy & Transaction Support PINS1 at African Development Bank  // afdb.org
Based in Abidjan, Côte d'Ivoire
Senior Investment Professional, Private Equity at Obviam  // obviam.ch
Based in Bern, Switzerland
New this week...
Investment Manager, Project Finance at CDC  // cdcgroup.com
Based in London, United Kingdom
ESG Officer at Obviam  // obviam.ch
Based in Bern, Switzerland
Associate, Financial Sponsor Transaction Group at Investec  // investec..co.uk
Based in London, United Kingdom
New this week...
Associate, Construction & Real Estate Equity at CDC  // cdcgroup.com
Based in London, United Kingdom
ESG Analyst at Obviam  // obviam.ch
Based in Bern, Switzerland
Upcoming Conferences...
Highlighted Event...             
Bonds, Loans and Sukuk Nigeria 
Lagos, November 6th, 2018
Bonds, Loans and Sukuk East Africa 
Nairobi, October 2nd, 2018
Zimbabwe Infrastructure, Power & New Energy Investors Conference 
Harare, October 10th to October 11th, 2018
SuperReturn Africa 
Cape Town, November 5th to November 7th, 2018
Project, ECA & Structured Finance Middle East and Africa 
Dubai, November 6th to November 7th, 2018
Africa Renewable Energy Forum 
Marrakech, November 14th to November 15th, 2018
Gas Options: North & West Africa Summit 
Marrakech, November 14th to November 15th, 2018
African Agri Investment and Trade Indaba 
Cape Town, November 27th to November 28th, 2018
Russia-Africa Trade & Investment Summit 
Dubai, November 28th to November 29th, 2018
International Gas Cooperation Summit 
Durban, December 4th to December 5th, 2018
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 a special introductory offer 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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