July 15th, 2019
The  weekly roundup of Africa's Private Capital news
  

Here's the preview edition to this week's Africa Capital Digest. Would you benefit from having full access to the content in it? What regular information would make you more efficient and effective for your company?

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This week's issue supported by...             
Deal News...
Private Equity
Investec makes first private equity deal in Egypt
Investec Asset Management announced its first private equity investment in Egypt buying a control stake in a supermarket chain from the insolvent Abraaj Group...

Making its first private equity deal in Egypt, Investec buys supermarket chain Spinneys from Abraaj
Image Credit: Pixabay 

Private Equity
IDG, Sequoia China, GSR and others back Nigeria's OPay
OPay, a Nigerian mobile payments startup, has raised a significant amount of funding from a consortium of high-profile venture investors...
Private Equity
GEMS Education gets backing from CVC Capital
GEMS Education, an education owner/operator of schools in countries around the world including Egypt, Kenya and Uganda, has a new significant minority shareholder...
Private Equity
1K1V backs Lesotho-based health food company
One Thousand & One Voices announced it is making its second investment in a Lesotho-based company last week. The private family capital fund is investing...
Venture Capital
Toyota Tsusho and others back Powerhive's Series B
Toyota Tsusho, a unit of global engineering giant Toyota Group, is participating in Powerhive's Series B round alongside...
Venture Capital
Knife Capital backs Grindstone Accelerator alum
Knife Capital has made a Series A investment in one of the businesses selected to take part in the venture capital firm's Grindstone Accelerator program last year...
Private Credit
Africa Finance Corporation buys Aker Energy notes
Africa Finance Corporation is investing in Aker Energy-issued subordinated convertible bonds to help finance the development of the Deepwater Tano Cape Three Points...
Private Debt
Rent to Own lands debt financing from DGGF
Zambia-based Rent to Own, has secured debt financing from the Dutch Good Growth Fund's Seed Capital and Business Development facility...
This week's issue supported by...             
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Every week, Africa Capital Digest provides your team with the latest news on all the deal, fundraising and people moves news they need to help hone their deal sourcing, client management and capital raising effectiveness. 

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Projects & Portfolio Companies...
Private Equity
Sterling Capital takes stake in private equity firm Afvest
Kenyan Investment Bank Sterling Capital which counts Kuramo Capital Management among its stakeholders has acquired a stake in a local private equity firm...
Strategies, Trends & Perspectives...
Strategies
Making an investment case for the DRC
Charles Robertson, Renaissance Capital's Chief Economist talks to CNBC about the investment case for one of the continent's largest countries...
Perspectives
Private sector investment pitfalls in infra financing
An analysis from South African think tank SAIIA looks at some of the shortcomings of private capital infrastructure investment...
Companies, People & Profiles...
People
Ontario Teachers' former EMEA head tapped as next CEO
Last week, Ontario Teachers' Pension Plan announced the appointment of its current global development head as the Canadian pension giant's next chief executive...
People
Emerging Capital Partners' Nairobi lead made Partner
Emerging Capital Partners announced a promotion for the Managing Director of its Nairobi office last week...
Current Job Postings...
Jobs of the week...             
Executive Director, Advisory at Lions Head Global Partners  // lhgp.com
Based in London, United Kingdom
Partner, Capital Services Projects at ERM  // erm.com
Based in Johannesburg, South Africa
Senior Consultant, Social Impact Assessment at ERM  // erm.com
Based in Johannesburg, South Africa
Investment Director, Direct Equity, Manufacturing at CDC  // cdcgroup.com
Based in London, United Kingdom
Senior Investment Officer, Energy Debt Financing at responsAbility  // responsability.com
Based in Nairobi, Kenya
Senior Investment Officer, FI Debt Financing at responsAbility  // responsability.com
Based in Nairobi, Kenya
Investment Associate, Debt, Project Finance at CDC  // cdcgroup.com
Based in London, United Kingdom
Manager, M&A Analytics, Financial Advisory TAS at Deloitte  // deloitte.com
Based in Woodlands, South Africa
Transaction Advisor, Clean Energy at CrossBoundary  // crossboundary.com
Based in Abidjan, Cote d'Ivoire
New this week...
Investment Associate, Financial Institutions Equity at CDC  // cdcgroup.com
Based in London, United Kingdom
Analyst at CrossBoundary  // crossboundary.com
Based in Washington, DC, United States
Upcoming Conferences...
Highlighted Event...             
Africa PPP 2019 
Cape Town, South Africa, October 22nd to October 24th, 2019
Renpower Angola 2019 
Luanda, Angola, July 18th, 2019
Bonds, Loans & Sukuk East Africa 2019 
Nairobi, Kenya, September 17th, 2019
Africa Property Investment Summit & Expo 
Johannesburg, South Africa, October 2nd to October 3rd, 2019
SuperReturn Global Infrastructure 
London, United Kingdom, September 16th to September 18th, 2019
AfricArena 
Cape Town, South Africa, November 11th to November 12th, 2019
TMT Finance Africa 2019 
London, United Kingdom, November 28th, 2019
SuperReturn Africa 
Cape Town, South Africa, December 2nd to December 4th, 2019
Bonds, Loans & Sukuk Nigeria 2019 
Lagos, Nigeria, December 3rd, 2019
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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