May 29th, 2018
The  weekly roundup of Africa's Private Capital news

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Welcome to the latest 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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This week's issue supported by...             
Africa Energy Forum 2018
Deals and Deal News...
Private Equity
EFG Hermes/GEMS Education platform makes first deal
Having announced the formation of an Egyptian education joint venture only last week, EFG Hermes' and GEMS Education's new platform has made its first acquisition.

EFG Hermes and GEMS Education platform makes first deal
Private Equity
OMPE takes stake in medical device play
Old Mutual Private Equity announced last week that it is making its seventh deal for its fourth fund.
Private Equity
EXEO backs Zambia's Capital Fisheries
EXEO Capital is backing Capital Fisheries with a combination of replacement equity and expansion capital.
Venture Capital
Naspers' OLX Ventures backs Frontier Car Group
OLX Ventures is placing a bet on Frontier Car Group, the online, emerging markets car market place.
Venture Capital
Lidya raises Series A from Omidyar-led consortium
Digital financial services company Lidya has raised one of Nigeria's largest Series A rounds to date from a group of investors led by Omidyar Network.
Funds & Fundraising News...
Private Equity
OPIC makes anchor commitment to DPI's latest fund
OPIC is committing a significant sum to Africa Development Partners III, DPI's latest Africa-focused private equity fund.
Private Equity
Triodos and AlphaMundi launch new SME impact fund
Triodos Investment Management and AlphaMundi Group have launched a new fund to back companies in the sustainable food and energy sectors.
Projects & Portfolio Companies...
Private Equity
PSG Alpha's FutureLearn buys adult education provider
FutureLearn, one of PSG Alpha's portfolio companies, announced its latest acquisition last week.
This week's issue supported by...             
Time's running out...
Get the best deal on the 2018 Guide to Sub-Saharan Private Equity from Africa Capital Digest

Make sure you order Africa Capital Digest's 2018 Guide to sub-Saharan Private Equity today to ensure you enjoy the 25% pre-publication savings on this comprehensive, up-to-date source of information. It will include:
  • Firm profiles with Names, Emails of each firm's investment professionals
  • Details of active funds, preferred deal sizes, regional and sector preferences
  • Information on current portfolio companies and projects
  • Headquarter and Regional Office contact details
  • Quick reference indexes of fund managers and portfolio companies by sector
"The must-have reference and planning resource for investors and their advisers exploring the private equity investment opportunity in sub-Saharan Africa."

Sectors, Trends & Perspectives...
Strategies
TPG in talks to take over Abraaj healthcare fund assets
Sources tell The Wall Street Journal that TPG is in talks with the investors in Abraaj's $1 billion healthcare fund to take over the management of the fund's portfolio of hospitals and clinics in developing countries.
Companies, Profiles & People...
Profiles
Knife Capital's Keet van Zyl discusses orderTalk exit
In a TechCentral podcast, Knife Capital's Keet van Zyl discusses the venture capital firm's investment in orderTalk and its sale to Uber Eats.
People
LeapFrog taps Holliday as new GC
LeapFrog Investments has a new General Counsel. The impact investing firm has appointed Frances Holliday to the role.
Current Job Postings...
Highlighted job...             
Senior Associate, Minigrid Innovation Lab at CrossBoundary  // crossboundary.com
Based in Nairobi, Kenya
Investment Analyst, Financial Sector at African Development Bank  // afdb.org
Based in Abidjan, Côte d'Ivoire
Investment Associate, Debt Team at CDC  // cdcgroup.com
Based in London, United Kingdom
Capital Markets Transaction Leader at Open Capital  // opencapitaladvisors.com
Based in Nairobi, Kenya
Associate, Development Impact (Intermediated Equity) at CDC  // cdcgroup.com
Based in London, United Kingdom
Analyst, Financial Services Strategy at Genesis Analytics  // genesis-analytics.com
Based in Johannesburg, South Africa
Analyst, Financial Services Strategy at Genesis Analytics  // genesis-analytics.com
Based in Nairobi, Kenya
Upcoming Conferences...
Highlighted Event...             
Africa Trade & Investment Global Summit 
Washington, DC, June 24th to June 26th, 2018
WAMPEX 2018 
Accra, May 30th to June 1st, 2018
Finnovation Kenya 
Nairobi, May 31st, 2018
Finnovation South Africa 
Johannesburg, June 6th, 2018
Africa Energy Forum 2018 
Black River, Mauritius, June 19th to June 22nd, 2018
TMT Finance Africa 2018 
London, September 19th, 2018
Regional Energy Cooperation Summit 
Accra, September 26th to September 28th, 2018
Africa Renewable Energy Forum 
Marrakech, November 30th to December 1st, 2018
New this week...
SuperReturn Africa 
Cape Town, November 5th to November 7th, 2018
International Gas Cooperation Summit 
Durban, December 4th to December 5th, 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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