The
weekly roundup of Africa's Private Capital news
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Welcome to this week's preview edition of Africa Capital Digest.
We hope that you, your colleagues and your families are all weathering the COVID-19 viral crisis well and are not going too stir crazy with the enforced lock downs.
For the next 2 days only - special rates are available to you and your colleagues.
For the past few weeks, we've been running a special offer to help
keep you connected with what's going on in the market, especially since all are somewhat dislocated at the moment. That offer ends tomorrow, Tuesday. so please act to
day to lock in the 25% savings at one of the following links:
Once you sign up, you'll be able to access:
- The full story on Africa's latest private equity, venture capital and infrastructure deals and fund closes.
- Information on the investment professionals involved, their deals, their board seats and advisers.
- Updates on stake sizes, capital deployed, their investment strategies and goals.
- Portfolio company news which has an impact on values and stakeholder participation.
- The most recent job moves by leading professionals plus the link ups between market participants and the latest postings for open Africa-focused, investment-oriented career positions.
- Exclusive access to African Capital Digest's full content archive from the past 5 years.
We hope you take us up on the offer and thank you for being part of the Africa Capital Digest community. Please contact us with any suggestions on topics and coverage which might be more useful to everyone by emailing
me at
Allan Cunningham
today.
Best wishes to everyone for a healthy, productive week.
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This week's issue supported by...
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Fund & Fundraising News...
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Venture Capital
Amazon launches global Climate Pledge Fund
Online retailing and services behemoth Amazon announced the launch of a significant new venture fund targeting startups around the world...
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Amazon's new Climate Pledge Fund will back entrepreneurs around the world building businesses that improve consumer and business sustainability
Image Credit: Pixabay |
Private Equity
Proparco the latest DFI to back AfricInvest's latest fund
French development finance institution Proparco has become the latest DFI to back AfricInvest's latest, pan-African private equity fund. Having invested...
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Sovereign Wealth
Djibouti unveils plans for sovereign wealth fund
The Republic of Djibouti is planning to create a sovereign wealth fund as part of its Vision 2035 Policy which was released...
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Venture Capital
New LPs help double size of Ingressive's seed fund
The addition of several new LPs has helped Ingressive Capital double to size of its seed fund, lifting the amount raised for investments in tech-enabled startups to...
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Perspectives and Strategies...
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Sponsored Content
Spotlight on succession planning in Africa
With wealth protection and transmission increasingly topical in Africa, Ocorian Directors
J
ohn Félicité and Kenny Curpen
highlight how the next generation of the continent's entrepreneurs could lead to the maturing of Africa's family office sector.
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Private Equity
Equity Group's deal for Atlas Mara assets called off
Equity Group and Atlas Mara have mutually agreed to discontinue discussions on the Kenya-based financial services group's proposed deal to acquire Atlas Mara's...
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Private Equity
IFC makes equity investment in Globaltronics
The IFC has signed off on an equity investment in Globaltronics, a supplier and manufacturer of electricity smart grid solutions. The institution is investing...
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Private Equity
Gaia Impact Fund leads deal in DRC minigrid project
Gaia Impact Fund is investing in a mini-grid project being developed by Nuru in Goma, Democratic Republic of Congo alongside...
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Private Equity
Inside Capital backs plastics recycler for fund's fifth deal
After a year since its last deal, Inside Capital Partners is making its fifth investment for its maiden fund, Inside Equity, backing...
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Venture Capital
Partech and Sawari invest in Egyptian fintech's Series A
Partech and Sawari Ventures have teamed up to invest the Series A round for MoneyFellows, an Egyptian fintech based in Cairo...
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| Companies, People & Profiles... |
Companies
Stonechair strikes operational deal for #EnergyAfrica
Stonechair Capital has struck an operational agreement with CPCS Transcom, a specialist infrastructure management consulting firm, which will expand the...
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People
OTPP appoints new equities investment head
Ontario Teachers Pension Plan announced the appointment of a new head for its equities unit which manages almost...
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People
ElEbiary joins TSFE after 14 years at Qalaa
Abdalla ElEbiary has joined The Sovereign Fund of Egypt (TSFE) from Qalaa Holdings, the Cairo-based investment holding company, where he'd...
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People
Radisson boosts Africa corporate development team
In support of Radisson's renewed expansion plans for Africa, the global hotel group announced last week that it has made two corporate development appointments...
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Head, Trade Finance at Trade & Development Bank
// tdbgroup.org
Based in Nairobi, Kenya
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Regional Manager, Africa Trade & Investment at Palladium
// thepalladiumgroup.com
Opportunities in Accra, Casablanca, Nairobi, Pretoria
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Investment Lead, Africa Trade & Investment at Palladium
// thepalladiumgroup.com
Opportunities in Accra, Casablanca, Nairobi, Pretoria
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Director, Strategic Investment Fund at Bill & Melinda Gates Foundation
// gatesfoundation.com
Based in Seattle, United States
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Director, Business Development at SEI Investments
// seic.com
Based in Johannesburg, South Africa
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Associate/Executive, ESG, The Impact Group at CDC
// cdcgroup.com
Based in London, United Kingdom
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Investment Manager, FEDA at Afreximbank
// afreximbank.com
Based in Cairo, Egypt and Port Louis, Mauritius
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Investment Analyst, FEDA at Afreximbank
// afreximbank.com
Based in Cairo, Egypt and Port Louis, Mauritius
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Amsterdam, The Netherlands, October 20th to October 22nd, 2020
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Nairobi, Kenya, August 27th to August 28th, 2020
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Johannesburg, South Africa, September 7th to September 11th, 2020
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Paris, France, September 22nd to September 23rd, 2020
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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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Africa Capital Digest is a product of Rowayton Press
Rowayton, CT 06853, USA
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Copyright © 2016 Rowayton Press, LLC. All Rights Reserved.
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