August 6th, 2018
The  weekly roundup of Africa's Private Capital news

Interested in access to our full content? Sign up for our introductory time limited special offer today

  

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. 
  
As you may have seen, we are running a time limited introductory offer between now and the end of August for readers of this preview edition to try Africa Capital Digest's full service. For just $15, you'll have access to all Africa Capital Digest has to offer for 3 months...we hope you're interested. 

To take us up on the offer please click here before the end of August.

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...             
Regional Energy Cooperation 2018
Deal News...
Private Equity
Carlyle takes stake in South Africa's Tessara
The Carlyle Group has announced that it has completed a deal to back Tessara, a manufacturer of fresh produce protection products...

Carlyle backs Tessara, a manufacturers of Uvasys and other sulfur dioxide-based sheets which protect fresh produce after it has been harvested
Private Equity
Duet Private Equity invests in Nigerian beverage firm
Duet Private Equity is making a significant investment in the Sub-Saharan subsidiary of the AJE Group...
Private Equity
SOKOTRA Capital buys Tunisian aquaculture firm
SOKOTRA Capital, a Dubai-based investment firm, has led a consortium of investors in a buyout of an aquaculture business...
Fund & Fundraising News...
Private Equity
EIB considers backing AfricInvest's venture fund
European Investment Bank is considering an investment in a venture capital fund sponsored by AfricInvest...
Private Equity
IFC mulls making a commitment to Capria Fund
IFC is mulling whether to make an investment in Capria's latest fund...
Projects & Portfolio Companies...
Private Equity
Globaleq to buy Brookfield's renewables portfolio
Globaleq has come to an agreement with Brookstone Asset Management to acquire interests in six renewable energy projects...
Private Equity
ATC's deal for Telkom Kenya's towers wins approval
American Tower Corporation's deal to acquire a portfolio of towers from Helios Investment-controlled Telekom Kenya has been granted approval...
Policy & Regulation...
Policy
Leveling the Playing Field in Africa with China
A call by U.S. Commerce Secretary Wilbur Ross and Democratic Senator Chris Coons urging the U.S. Senate to pass the BUILD Act...
Sectors & Strategies...
This week's issue supported by...             
Partner Content - Private Equity
The Symbiosis of Entreprenuers 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."
Trends & Perspectives...
Perspectives
Uncertainty dampens M&A activity in South Africa
In a  Classic Business Breakfast with Moneyweb radio interview, Andrew Bahlmann discusses the reasons behind South Africa's M&A sector's recent market performance...
Perspectives
A New Start For African Infrastructure Development?
Writing in Forbes, Cherry Reynard explores how private capital investment in African infrastructure is evolving...
Companies, People & Profiles...
Companies
The unraveling of Abraaj
Bloomberg chronicles the unraveling of The Abraaj Group and the reasons that gave rise to its current problems...
People
Mwindaare becomes Aavishkaar's second Africa Partner
Godfrey Mwindaare has been appointed as a second partner for Aavishkaar's venture capital fund...
People
Sardana joins Africa50's investment committee
Anil Kumar Sardana has been appointed to Africa50's investment committee...
Current Job Postings...
Highlighted job...             
Senior Project & Infrastructure Finance Officer at Trade Development Bank  // tdbgroup.org
Based in Nairobi, Kenya
Chief Investment Officer at Afrexim Bank  // afreximbank.com
Based in Cairo, Egypt and/or Port Louis, Mauritius
Regional Chief Operating Officer, SA at Afrexim Bank  // afreximbank.com
Based in Harare, Zimbabwe
Trade Finance Officer at Trade Development Bank  // tdbgroup.org
Based in Nairobi, Kenya
Content Director at Asoko Insight  // asokoinsight.com
Based in London, United Kingdom
Investment Directors or Managers, Corporate Debt at CDC  // cdcgroup.com
Based in London, United Kingdom
New this week...
Investment Executive, Africa Funds, Intermediated Equity at CDC  // cdcgroup.com
Based in London, United Kingdom
Private Equity Associate, Africa Group at Clifford Chance  // cliffordchance.com
Based in London, United Kingdom
Investment Associate, Debt at CDC  // cdcgroup.com
Based in London, United Kingdom
Upcoming Conferences...
Highlighted Event...             
Gas Options: North & West Africa Summit 
Marrakech, November 15th to November 16th, 2018
CAPEX 2018: Championing the African Professional Experience 
Nairobi, August 30th, 2018
TMT Finance Africa 2018 
London, September 19th, 2018
Regional Energy Cooperation Summit 
Accra, September 26th to September 28th, 2018
Bonds, Loans and Sukuk East Africa 
Nairobi, October 2nd, 2018
SuperReturn Africa 
Cape Town, November 5th to November 7th, 2018
Bonds, Loans and Sukuk Nigeria 
Lagos, November 6th, 2018
Project, ECA & Structured Finance Middle East and Africa 
Dubai, November 6th to November 7th, 2018
Africa Renewable Energy Forum 
Marrakech, November 15th to November 16th, 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 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

Africa Capital Digest is a product of Rowayton Press 
Customer Service |  [email protected] | P.O. Box 141,
Rowayton, CT 06853, USA