July 16th, 2018
The  weekly roundup of Africa's Private Capital news

Would you like access to the Africa Capital Digest's full content? Request a trial today...


  

Welcome to the latest weekly wrap of the most interesting Africa-related private equity, infrastructure and venture capital deal stories, market opinion articles and information pieces. 

To get immediate access to the full stories behind these abstracts plus our full archive, become a paid subscriber today. The process is quick and simple and provides you with the flexibility of signing up for a year or on a month-by-month basis.
 
Please choose from one of the following options below:
 
Annual all digital plan -  please click here 
 
Monthly all digital plan -  please click here 

If you would like to find out more about a team membership for your organization, please email Allan Cunningham  at  [email protected].
This week's issue supported by...             
SuperReturn 2018
Deal News...
Private Equity
TPG's Rise Fund backs African ecotourism group
TPG Growth's Rise Fund is making its second African deal and acquiring a stake in Wilderness Holdings.

TPG Growth's Rise Fund acquires a stake in ecotourism firm Wilderness Holdings
Private Equity
ASOC Fund I backs SkyNet in recap deal
ASOCapital has made its third investment for its first fund, backing SkyNet South Africa, a courier and express parcel business.
Private Debt
Branch raises debt from HNW syndicate
Branch International, the developer of mobile loan apps, has raised short-term paper from a syndicate of high net worth individuals in a deal arranged by Barium Capital.
Fund & Fundraising News...
Private Equity
Denham Capital closes first stand-alone mining fund
Denham Capital announced the final close for its first stand-alone mining fund last week.
Projects & Portfolio Companies...
Private Equity
Africa.com buys Primedia's iAfrica
Media holding company Africa.com has announced the completion of the deal to acquire iAfrica.com.
Strategies & Perspectives...
This week's issue supported by...             
Partner Content - Private Equity
Still wanted: smart, strategic private equity deals
T he past three years have reset benchmarks in private equity and debt markets. Whereas there was previously far more "easy" money to be had says RMB Corvest the economic downturn has brought with it an increasingly realistic and sober approach to investment, and an appreciation that one can no longer expect to  achieve  the same level of gearing.
Strategies
Chinese internet giant Alibaba's plans for Africa
CNBC Africa's Q&A piece with Alibaba Vice President, Brian Wong on the current and planned activities the Chinese internet giant is undertaking on the continent.
Companies, People & Profiles...
Companies
Augentius becomes SGG Group's latest acquisition
SGG Group has announced a deal to acquire Augentius, the provider of alternative investment solutions to the global private equity and real estate markets.
Companies
Willis Towers Watson to establish correspondent network
Willis Towers Watson is looking to establish a network of strategic partnerships or correspondent arrangements in certain African markets.
People
McGuire joins TPG Growth's Rise Fund team
Matthew McGuire, who resigned from troubled Abraaj Group in May, is joining TPG Growth as  a Partner.
Profile
Dangote and his "crazy" $12bln project
The Financial Times sits down with Aliko Dangote to talk about his ambitious plans for an oil refinery on 2,500 hectares of swampland outside Lagos.
Current Job Postings...
Highlighted job...             
New this week...
Content Director at Asoko Insight  // asokoinsght.com
Based in London, UK
Principal Investment Officer, Renewable Energy at African Development Bank  // afdb.org
Based in Abidjan, Cote d'Ivoire
Investment Executive, Impact Funds, Intermediated Equity at CDC  // cdcgroup.com
Based in London, United Kingdom
Manager, Transacton Services at Deloitte 
// deloitte.com
Based in Johannesburg, South Africa
Manager, Valuations at Deloitte 
// deloitte.com
Based in Johannesburg, South Africa
Executive, Development Impact, Financial Institutions at CDC  // cdcgroup.com
Based in London, United Kingdom
New this week...
Investment Associate, Debt at CDC  // cdcgroup.com
Based in London, United Kingdom
New this week...
Investment Associate, Intermediated Equity at CDC  // cdcgroup.com
Based in London, United Kingdom
Upcoming Conferences...
Highlighted Event...             
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
Gas Options: North & West Africa Summit 
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