December 11th, 2017
The  weekly roundup of Africa's Private Capital news


  

Many thanks for being a reader of Africa Capital Digest's weekly preview edition which gives you an brief overview of  the key private equity, infrastructure and venture capital deals that took place in Africa last week. Becoming a paid subscriber will give you immediate access to all the full stories in this week's edition as well as to those in all previous editions. The process is quick and simple and provides you with the flexibility of signing up for a year or on a month-by-month basis. You can choose from one of the following options below:
 
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If you would like to find out more about a group subscription for your colleagues and teams, please contact 
Allan Cunningham at  [email protected]
This week's issue supported by...             
SAVCA 2018
Deals and Deal News...
Private Equity
Apis leads deal for Greenlight Planet
Private equity fund manager Apis Partners has announced it has led an investor consortium backing Greenlight Planet.

Apis Partners leads equity/debt deal in solar pay-as-you-go provider Greenlight Planet
Image Credit: Greenlight Planet
Private Equity
LeapFrog heads investors backing WorldRemit's Series C
LeapFrog Investments, in partnership with American venture capital firms Accel and TCV, is backing WorldRemit.
Private Equity
Man Capital and IDH back Nigerian diagnostics firm
Dynasty Group, a joint venture between Man Capital and Integrated Diagnostics Holdings is teaming up with the IFC to back Eagle Eye Echo-Scan.
Private Equity
IFC mulls preferred equity investment in Pyramid Pharma
The IFC is considering investing preferred equity into Pyramid Pharma, a distributor of  pharmaceuticals, medical consumables and equipment based in Tanzania.
This week's issue supported by...             
Renewable Energy Cooperation
Funds & Fundraising...
Private Equity
Berkeley Energy's AREF in line for IFC AMC backing
The African Renewable Energy Fund could be in line for a capital commitment from the IFC Asset Management Company's Catalyst Fund. 
Projects & Portfolio Companies...
Oil & Gas
Vivo Energy expands network in share swap deal
Vivo Energy Holding and Engen have agreed to a share swap deal which would add over 300 new locations to Vivo's extensive retail service service station network.
Consumer
Travelstart acquires majority stake in SafariNow
Travelstart has acquired a majority stake in SafariNow, South Africa's largest accommodation booking website.
Consumer
1K1V's RedSun Dried Fruit and Nuts in add-on deal
RedSun Dried Fruit and Nuts is making a deal of its own and backing RTE Snacks, producer of South Africa's popular "On The Go" trail mix.
Trends & Perspectives...
Private Equity
Currency and political risk impacts on African PE
AVCA has just release a report on the importance and impact of currency volatility and political uncertainty on private equity investments.
Companies, People & Profiles...
Profile
The Ivy League MBA who went to help a pineapple farm
A profile of Jerry Parkes, the founder of Injaro Private Equity which appeared on the USA's National Public Radio website last week.
Profile
Life of a venture capitalist in South Africa
How we made it in Africa gives us a summary of a recent panel conversation featuring Brett Commaille of Angelhub Investors and Keet van Zyl of Knife Capital.
Current Job Postings...
This week's featured jobs...             
Head, Private Equity at Nedbank  // nedbank.co.za
Based in Johannesburg, South Africa
Head, Alternative Equity Investments at Nedbank  // nedbank.co.za
Based in Johannesburg, South Africa
Co-Head, Leveraged & Diversified Finance at Nedbank  // nedbank.co.za
Based in Johannesburg, South Africa
Investment Director, Food, Agri, Consumer at CDC  // cdcgroup.com
Based in London, United Kingdom
Investment Associate, Debt Team at CDC  // cdcgroup.com
Based in London, United Kingdom
Analyst, Financial Institutions at EBRD  // ebrd.com
Based in Cairo, Egypt
Investment Analyst at IFC  // ifc.org
Based in Johannesburg, South Africa
Investment Analyst, SSA at Symbiotics Group  // symbioticsgroup.com
Based in Cape Town, South Africa
Associate Fellow at I-DEV International  // idevinternational.com
Based in Nairobi, Kenya
Upcoming Conferences...
Highlighted Event...             
Investing in African Mining Indaba 
Cape Town, February 5th to February 8th, 2018 
Regional Energy Cooperation Summit 
Abidjan, January 24th to January 25th, 2018 
SAVCA 2018 Annual Conference 
Stellenbosch, February 21st to February 22nd, 2018 
Bonds, Loans & Sukuk Africa 
Cape Town, March 13th to March 14th, 2018
2nd Annual Pension Funds and Alternative Investments Africa 
Balaclava, Mauritius, March 15th to March 16th, 2018
AFSIC 2018 
London, May 2nd to May 4th, 2018
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 sign up for a free trial, for the moment,  here.  

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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