August 5th, 2019
The  weekly roundup of Africa's Private Capital news
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Here's this week's wrap of the most interesting Africa-related private equity, infrastructure and venture capital deal stories, market opinion articles and information pieces. Thanks you being a reader and we look forward to continuing to keep you informed on the private capital investment themes, deals and fund raises in Africa throughout the year.
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As you know, week in, week out Africa Capital Digest provides the most extensive news on all the deal, fundraising and people moves you and your colleagues need to know about. Keeping abreast of what is happening helps hone both your and their deal sourcing, client management and capital raising effectiveness, so get ready to optimize your role and save 25% into the bargain...but be sure act before this offer expires. 

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Deal News...
Private Equity
Actis buys renewable IPP from Denham Capital
Actis has acquired a renewable power business from Denham Capital in a secondary transaction. The deal for...

nrcm.org
Big names involved in the week's biggest deal; Actis buys renewable power business from Denham Capital
Image Credit: Pixabay

Private Equity
Apis-backed DPO buys PayFast is cash/share deal
DPO, an online payments processing firm which Apis Partners first backed in late 2016, is acquiring PayFast in a cash/share deal...
Venture Capital
EAV and ElectriFi back Solarise Africa's Series A
Energy Access Ventures has supported a Series A investment round for Solarise Africa, a pan-African clean energy and energy efficiency leasing company....
Venture Capital
HAVAÍC in early stage software deal
HAVAÍC is backing an early-stage software business with an undisclosed amount of capital. The Cape Town-based VC is investing in...
This week's issue supported by...             
Glonal Impact Summit
Funds & Fundraising News...
Private Equity
StanChart spin out of Affirma Capital completes
The spin out of Standard Chartered's private equity business reached completion last week, marking the launch of Affirma Capital, a significant emerging markets private equity...
Private Equity
Verod hits Fund III's final target by interim close
Verod Capital Management has held an interim close for its third fund, hitting the original target set for its final close and securing...
Private Equity
EIB mulls backing for Amethis's new MENA fund
The European Investment Bank is considering backing for a new fund currently being marketed by Amethis Finance. The development finance institution is mulling a...
This week's issue supported by...             
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Strategies, Trends & Perspectives...
Perspectives
Reasons behind Egypt's startup boom
As entrepreneurial activity ramps up in Egypt, a look at some of the factors driving the trend.
Perspectives
USA should heed China's new capital flows in Africa
China's moving beyond infrastructure investing on the continent to FDI, private equity and venture capital. ..
Companies, People & Profiles...
Companies
Dubai's watchdog hits Abraaj with hefty fine
Dubai Financial Services Authority has hit the insolvent Abraaj Group with a hefty $315 million fine for deceiving investors. ..
Companies
Risk Capital Advisors bought by insurance giant Willis
Risk Capital Advisors, a specialist M&A risk consultancy has been acquired by global insurance broking giant Willis Towers Watson forming. ..
People
EchoVC and Quona investment executives join startup
Lori, a startup, has recruited two venture capital investment executives to join the tech-driven logistics company and help push its expansion. The startup, which is...
Current Job Postings...
Jobs of the week...             
Executive Director, Advisory at Lions Head Global Partners  // lhgp.com
Based in London, United Kingdom
Portfolio Manager at AHL Venture Partners  // ahlventurepartners.com
Based in Nairobi, Kenya
Investment Officer, Healthcare at LeapFrog Investments  // leapfroginvest.com
Based in Nairobi, Kenya
Investment Manager, Energy Access & Efficiency at CDC  // cdcgroup.com
Based in London, United Kingdom
Associate, Mezzanine Investment at Vantage Capital  // vantagecapital.co.za
Based in Johannesburg, South Africa
Investment Associate, Energy Access & Efficiency at CDC 
// cdcgroup.com
Based in London, United Kingdom
Investment Associate, Financial Institutions Equity at CDC  // cdcgroup.com
Based in London, United Kingdom
Upcoming Conferences...
Highlighted Event...             
SuperReturn Global Infrastructure 
London, United Kingdom, September 16th to September 18th, 2019
New this week...
Global Impact Summit 
Nairobi, Kenya, August 28th to August 30th, 2019
Bonds, Loans & Sukuk East Africa 2019 
Nairobi, Kenya, September 17th, 2019
Africa Property Investment Summit & Expo 
Johannesburg, South Africa, October 2nd to October 3rd, 2019
Africa PPP 2019 
Cape Town, South Africa, October 22nd to October 24th, 2019
AfricArena 
Cape Town, South Africa, November 11th to November 12th, 2019
TMT Finance Africa 2019 
London, United Kingdom, November 28th, 2019
SuperReturn Africa 
Cape Town, South Africa, December 2nd to December 4th, 2019
Bonds, Loans & Sukuk Nigeria 2019 
Lagos, Nigeria, December 3rd, 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

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