December 10th, 2018
The  weekly roundup of Africa's Private Capital news
  

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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  • Learning about any new funds raised, their LPs, their regional and sector strategies
  • Tracking portfolio company add-ons, stake sales and exits that impact their values
  • Accessing more than 4 year's worth of searchable, archived content
Take us up on this special offer now by clicking the following link:
 

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...             
Deal News...
Private Equity
Vantage deal enables Pétro Ivoire investor exits
Vantage Capital's mezzanine deal for Pétro Ivoire has enabled the Ivorian oil and gas distributor's investors sell their stakes...

Vantage Capital's mezzanine deal allows Pétro Ivoire's private equity investors to exit to the oil and gas distributor's founding family.
Image Credit: Pétro Ivoire
Private Debt
TLG Capital invests debt in Atlas Mara
TLG Capital's Credit Opportunities Fund is investing debt in Atlas Mara, the pan-African banking platform set up by high-profile bank CEO Bob Diamond...
Venture Capital
Convergence, Nedbank and Sanari back Snapt's Series A
Snapt, an application delivery controller business, has closed its Series A round with investments from Convergence Partners, Nedbank and Sanari Capital...
Venture Capital
TLcom's TIDE Africa Fund makes 5th investment
TLcom Capital's TIDE Africa Fund announced it has made its fifth investment since it held its first close last year, cementing its position as the most...
Venture Capital
Egypt's Vezeeta lands equity investment from IFC
The IFC is investing equity in Vezeeta, a digital healthcare company headquartered in Cairo...
Funds & Fundraising News...
Private Equity
AfricInvest holds final close for Maghreb Private Equity IV
AfricInvest announced that it has held the final close for its latest North Africa-focused private equity fund, landing...
Venture Capital
Sawari Ventures hits 50% of goal for fund's first close
Sawari Ventures announced the first close of Sawari Ventures North Africa Fund I at the weekend, garnering commitments totaling 50% of the fund's final goal...
Infrastructure Capital
FinDev makes commitment to climate fund
FinDev Canada has become the first North American development finance institution to commit capital to Climate Fund Manager's Climate Investor One...
How ESG-ready are your portfolio companies?

What are your portfolio companies doing to manage the key environmental, social and environmental issues for their operations? How effective are their ESG management practices? In which areas are they making ESG-related invesments?

Every year, leading sustainability rating and services provider KudosAfrica surveys, analyses and reports on the status of Africa's unlisted businesses and their adoption of ESG best practices. This year's survey is now open and we invite you and your portfolio company leaders to participate in this unique, annual project.

The 10-minute online survey examines what these businesses are doing well to manage ESG issues, explores their management's practical responses and assesses how well they are aligned with global and regional sustainability priorites.

The survey results will be published in April next year. As well as a full report of the findings,  survey participants will also get a personalized report benchmarking their company's ESG performance against their peers.

Companies, People & Profiles...
Companies
SGG Group competes deal for Augentius
Luxembourg-based SGG Group's deal to acquire Augentius has received the necessary regulatory approvals, allowing the transaction to reach completion...
People
CDC taps Lloyd to be first impact head
UK development finance institution CDC announced last week that it is appointing its first Head of Impact...
Current Job Postings...
Jobs of the week...             
Divisional Executive, Property Partners at Nedbank  // nedbank.co.za
Based in Johannesburg, South Africa
Principal at CrossBoundary  // crossboundary.com
Based in Nairobi, Kenya
Equity Investment Manager, Construction & Real Estate at CDC  // cdcgroup.com
Based in London, United Kingdom
Investment Manager, Portfolio & Risk Management at CDC  // cdcgroup.com
Based in London, United Kingdom
Investment Executive, Consumer Businesses at CDC  // cdcgroup.com
Based in London, United Kingdom
Senior Investment Associate at CrossBoundary  // crossboundary.com
Based in Johannesburg, South Africa
New this week...
Investment Principal at Comoé Capital  // ietp.com
Based in Abidjan, Côte d'Ivoire
New this week...
Investment Manager at Comoé Capital  // ietp.com
Based in Abidjan, Côte d'Ivoire
New this week...
Investment Manager at SINERGI  // ietp.com
Based in Niamey, Niger
New this week...
Investment Officer at SINERGI  // ietp.com
Based in Niamey, Niger
Investment Associate, Debt, Project Finance at CDC  // cdcgroup.com
Based in London, United Kingdom
Analyst, Investment Advisory at CrossBoundary  // crossboundary.com
Based in Lagos, Nigeria
Upcoming Conferences...
Highlighted Event...             
SAVCA 2019 Conference 
Stellenbosch, South Africa, February 27th to March 1st, 2019
25th African Mining Indaba 
Cape Town, South Africa, February 4th to February 7th, 2019
Africa Tech Summit 
Kigali, Rwanda, February 15th to February 19th, 2019
New this week...
5th Powering Africa Summit 
Miami, United States, February 25th to February 27th, 2019
New this week...
Bonds, Loans & Sukuk Africa 
Cape Town, South Africa, March 13th to March 14th, 2019
Pension Focus Africa Investment Summit  // f-evolutions.co.uk
Nairobi, Kenya, March 14th to March 15th, 2019
New this week...
Regional Energy Cooperation Summit East 
Addis Ababa, Ethiopia, March 27th to March 29th, 2019
New this week...
Africa Energy Forum: Off the Grid 
Addis Ababa, Ethiopia, March 27th to March 29th, 2019
AFSIC 2019, Investing in Africa 
London, United Kingdom, May 8th to May 10th, 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 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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