May 4th, 2020
The  weekly roundup of Africa's Private Capital news

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Here's your preview edition to this week's Africa Capital Digest. We reported on some interesting deals last week and we think you'd get a lot of value from having the access to the full stories behind the headlines below. Take a look.

Here's just 5 questions about the last week's deals that full access would answer for you:

1. How much is EBRD investing in its follow-on deal for BasharSoft?
2. How large a stake is Kibo Capital acquiring in Transcom?
3. Who led TLcom's deal for Okra?
4. Which advisors worked on the Kibo and TLcom transactions?
5.  What amount is IFAD committing to Bamboo's ABC Fund?

Stay in the loop whilst you're out of the office:

As many of us are working away from our offices because of the COVID-19 crisis, we are offering everyone a  $100 discount off the regular subscription rate to help you keep up to speed on the  deals, fund raises, job changes and more which will  continue to shape Africa's private capital markets at this time. To take advantage of this opportunity, please sign up below. 

The $100 Savings Publisher's Special Offer -  please click here 

If you would like to find out more about a team membership for your organization, please email me at  [email protected] today.

Best wishes to everyone for a healthy, productive week.
This week's issue supported by...             
Deal News...
Private Equity
Kibo backs education group for Fund II's final deal
Making its eleventh and final deal for its $63 million second fund, Kibo Capital Partners is taking a stake in a tertiary education group based in Mozambique...

Kibo backs engineering and management education company for Fund II's final deal
Image Credit: Pixabay
Venture Capital
EBRD makes follow-on deal for Egyptian tech business
Having led the group of investors backing BasharSoft's $6 million Series B, the European Bank for Reconstruction and Development is investing an additional...
Venture Capital
TLcom makes first FinTech deal for Tide Africa
TLcom Capital is making the first fintech deal on behalf of its $71 million Tide Africa Fund, investing...
Venture Capital
Sumundi lands investment from GreenTec Capital
Ghanaian digital retail management startup Sumundi has landed an investment from GreenTec Capital Partners...
Fund & Fundraising News...
Private Equity
In first private sector investment, IFAD backs ABC Fund
Making its first direct investment in a private sector entity, the International Fund for Agricultural Development (or IFAD) is investing...
Trends & Strategies...

ESG
ESG and Africa's Unlisted Companies: Investing with good conscience to drive positive change
There is growing empirical evidence globally that supports the business case for integrating ESG factors into investment strategies. In our seventh excerpt from the just-published Impact Africa report, Liberty Group outlines its philosophy and approach to the SDGs.

Written by Jeanne Fourie, Head, Sustainability & Ethics at Liberty Group South Africa
Companies, People & Profiles...
People
USA's new DFI appoints agency's first CRO
The U.S. International Development Finance Corporation or DFC announced the appointment of the new agency's first Chief Risk Officer last week...
People
GreenTec adds new consulting head to senior team
GreenTec Capital has recruited an experienced international financial services executive to head the venture firm's consulting and partner engagement initiatives...
Current Job Postings...
Job of the week...             
New this week...
Projects & Infrastructure Finance Officer at TDB 
// tdbgroup.org
Based in Nairobi, Kenya
New this week...
Chief Credit Officer at IFC
  
// ifc.org
Opportunities in Cairo, Egypt, Rabat, Morocco and Johannesburg, South Africa
New this week...
Investment Director, Africa Private Equity at BlueOrchard 
// blueorchard.com
Based in Zurich, Switzerland
Senior Consultant, Transaction Services & Valuations at FTI 
// fticonsulting.com
Based in Johannesburg, South Africa
Consultant, Transaction Services & Valuations at FTI 
// fticonsulting.com
Based in Johannesburg, South Africa
Senior Associate, Investments at FinDev Canada
 
// findev.ca
Based in Montreal, Canada
Investment Analyst at IFC
 
// ifc.org
Based in Lagos, Nigeria
Upcoming Conferences...
Highlighted Event...             
21st Africa Energy Forum 
Amsterdam, The Netherlands, October 20th to October 22nd, 2020
African Start-up Investment Summit 2020 
Virtual Event, starting at 3pm South African Standard Time on...

May 7th, 2020

Africa Bank 4.0 Summit 
Nairobi, Kenya, June 24th to June 25th, 2020
Finnovation East Africa 
Nairobi, Kenya, August 27th to August 28th, 2020
Power Project Finance 
Johannesburg, South Africa, September 7th to September 11th, 2020
Africa Assembly 
Paris, France, September 22nd to September 23rd, 2020
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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