April 8th, 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?

Here's 7 reasons to sign up for full access today!

1. Find out  how much is being invested or what size stake the investor now owns 
2. See which of the investor's partners are joining the company's board
3.  Discover which advisory firms worked on the deal
4. Learn  how big a fund is/is planning to be
5. Determine a new fund's strategy;  regions, sectors, target attributes, ticket sizes
6. Review  a new fund's LPs for this and prior closes
7. Access all of  this week's content as well as all our  content from the last 4 years 

Signing up is easy and gives you immediate access to all of the above and more.
Choose from one of the two options below:

Annual all digital plan (most cost-efficient) -  please  click here 
 
Monthly all digital plan (most flexible) -  please  click here

If you would like to find out more about a team membership for your organization, please email Teresa Hall at   [email protected].
This week's issue supported by...             
Africa Energy Forum 2019
Deal News...
Private Equity
Helios buys rest of Axxela it does not already own
Helios Investment Partners now owns 100% of Axxela Ltd, a company it first backed in 2016. The deal sees...

Helios buys the remaining balance of Nigerian gas distributor Axxela from Oando plc
Image Credit: Pixabay
Venture Capital
Boomplay raises hefty Series A from Chinese backers
Streaming app Boomplay has raised a significant amount of capital in a Series A round led by a couple of China-based investors....
Venture Capital
Partech Africa leads Series A round for Kudi
Partech Ventures' Africa fund has led a group of investors backing a Series A round for Kudi, which provides the startup with...
Funds & Fundraising News...
Private Equity
Bamboo Capital partners up to launch tech impact fund
One of the announcements made during the African CEO Forum held in Kigali related to the launch of a new technology impact fund....
Private Equity
EIB backs SPE Capital's AIF with $15 mln
The European Investment Bank has agreed to invest $15 million in SPE Capital's Africa Industrialization Fund. The planned...
The deals done, the funds raised and the new board seats granted during the first quarter

We've extracted all the key data from our reporting over the first quarter to give you a cost-effective, comprehensive, one stop source of data on the deal and fundraising activity that took place in Africa over the past 3 months.

Deal values, stake sizes, fund launches, closes, and commitments. And any new board appointments that came about as a result of a deal. All presented in an excel workbook for you to add to your source library of private capital investment information in Africa today.

Download the workbook today as soon as you place your order for your copy.

Projects & Portfolio Company News...
Private Equity
Crown Agents Bank buys payment gateway product
Crown Agents Bank, which Helios Investment Partners acquired in April 2016, is making a deal of its own...
Private Equity
Gulf Capital's MEG lands IFC debt package
One of Gulf Capital's portfolio companies, Middle East Glass Manufacturing, has received debt financing from the IFC. The loan, totaling...
Sectors, Trends & Perspectives...
Trends
Wrapping 2019's first quarter; Africa's noteworthy private equity deals
Hard to believe, but the first quarter of 2019 is now over. We thought it worthwhile to take a look back at some of the more noteworthy deals that took place over the last 3 months. Here goes...
Perspectives
Dealmakers' interest in Africa's M&A potential grows
Research from Fitch Solutions finds that a combination of Sub-Saharan Africa's economic strength, growing private equity investment and the continent's expanding middle class are....
Perspectives
New USDFC must mobilize and better support US capital
Writing in the Financial Times, Aubrey Hruby says mobilizing US domestic capital is critical to the long term sustainability of the new USDFC's long-term sustainability...
Companies, People & Profiles...
People
Q&A with OPIC's David Bohigian
A brief Q&A with David Bohigian, Acting President & CEO of OPIC, about his expectations for the US's new Development Finance Corporation...
People
Two Africa experts among appointees to FinDev's board
Among the newly-announced Directors making up FinDev Canada's first board are two Africa investment experts...
This week's issue supported by...             

Current Job Postings...
Jobs of the week...             
Investment Associate at Global Innovation Fund  // globalinnovation.fund
Based in London, United Kingdom or Washington, DC, United States
New this week...
Principal, Alternative Equity Investment at Nedbank  // nedbank.co.za
Based in Cape Town, South Africa
New this week...
Senior Associate, Corporate Finance at Nedbank  // nedbank.co.za
Based in Johannesburg, South Africa
ESG Manager at Verod Capital  // verodcapital.com
Based in Lagos, Nigeria
Manager, Corporate Strategy at CDC  // cdcgroup.com
Based in London, United Kingdom
New this week...
Investment Officer at IFC  // ifc.org
Based in Nairobi, Kenya or Johannesburg, South Africa
New this week...
Intern/Interim SME 'COO' at Secha Capital  // sechacapital.com
Based in Johannesburg, South Africa
Investment Analysts at IFC  // ifc.org
Based in Multiple Locations
Upcoming Conferences...
Highlighted Event...             
21st EMPEA Global Private Equity Conference 
Washington, DC, United States, May 13th to May 15th, 2019
AFSIC 2019, Investing in Africa 
London, United Kingdom, May 8th to May 10th, 2019
Africa Tech Summit 
London, United Kingdom, June 11th, 2019
Africa Energy Forum 
Lisbon, Portugal, June 11th to June 14th, 2019
TMT Finance Africa 2019 
London, United Kingdom, November 28th, 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

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