September 2nd, 2019
The  weekly roundup of Africa's Private Capital news

Was this forwarded to you? For your own free weekly preview edition, click here
  

Here's your preview edition to this week's Africa Capital Digest. There were some interesting deal and fundraising items last week and we think you'd get a lot of value from having full access to the stories behind these headlines. Take a look.

Here's 6 questions about the last weeks deals that full access would answer for you:

1. What value is Carlyle's deal for IsoMetrix estimated to be worth?
2.  How much has Tamela Capital raised for the first close of its mezzanine fund? 
3. Which law firm advised Arise for its Ecobank deal?
4. With its Series D, how much capital has BBOXX raised so far this year?
5. How much is Alta Semper aiming to raise for its latest fund?
6. What size stake does Oikocredit now own in Credit Bank?

Signing up is easy and gives you immediate access to all of the above and more!
Choose the option below that best suits you:

Annual all digital plan (most cost-effective) -   please click here; 

Monthly all digital plan (most flexible) -   please click here; 

If you would like to find out more about a team membership for your organization, please email Teresa Hall  at   [email protected].
This week's issue supported by...             
SuperReturn Africa 2019
Deal News...
Private Equity
Carlyle takes majority stake in IsoMetrix
The Carlyle Group is acquiring a majority stake in IsoMetrix on behalf of its $698 million sub-Saharan Africa private equity fund. The balance of the shares...

Carlyle buys control stake in ESH software vendor IsoMetrix
Image Credit: IsoMetrix

Venture Capital
Mitsubushi leads $50mln Series D round for BBOXX
Japanese multinational Mitsubishi Corporation led a group of investors backing BBOXX's Series D round last week. Between them, the group are investing a total of...
Private Equity
Arise acquires IFC's holding in Ecobank
After more than a decade-long tenure as a shareholder in Ecobank, the IFC is exiting its stake in a sale to specialist financial services investor Arise...
Private Equity
Oikocredit buys stake in Kenyan lender
Oikocredit has become the latest investor to back a lending institution in Kenya. The impact investor is investing...
Private Equity
Standard Bank and Goodwell in Nomanini deal
Standard Bank has teamed up with one of Nomanini's original backers for the fintech company's latest round. Between them, the South African bank and Goodwell are...
Funds & Fundraising News...
Mezzanine
Tamela holds first close for maiden mezzanine fund
Tamela Capital Partners has announced the first close for its first mezzanine debt fund. The Johannesburg-based fund manager has secured commitments totaling...
Private Equity
IFC mulls commitment to Alta Semper's latest fund
The IFC is mulling an equity investment to Alta Semper's Ilera Fund II, the London-based private equity fund's latest investment vehicle...
This week's issue supported by...             
Customized and Cost-effective
Sharpen your team's  market insight week in, week out
Design and save money on your own team deal

Benefit from as much as 25% off a standard team membership to Africa Capital Digest.

Get your team unlimited 24/7 access, on desktop and mobile  at the best price today!

Keeping abreast of what is happening helps hone both your team's deal sourcing, client management and capital raising effectiveness; knowing who is involved in the deals fast tracks your team's business development success; cut through the noise with a resource that is both Africa-focused and Africa-specialized, like you.

Email Teresa Hall today to design a team membership that works for you and your organization. Don't miss out on this time-limited offer.
Projects & Portfolio Companies...
Agribusiness
Zeder buys significant minority stake in seed company
JSE-listed Zeder Investments is buying a significant minority stake in East Africa Seed Group through one of its portfolio companies, Zaad Holdings...
Strategies, Trends & Perspectives...
Perspectives
SSA's struggle to attract impact capital
Writing in the Financial Times, OMAI's CEO Paul Boynton argues that impact investors need to broaden their sector focus to include infrastructure opportunities...
Perspectives
Agritech could lead Africa's startup scene
Savannah Fund's Mohammed Al-Beity outlines African agriculture's potential tech transformation and highlights some of the challenges startups face...
Companies, People & Profiles...
People
Former ABSA and Colony Capital execs join Arise
Arise is boosting its ranks of associates with the hire of two former Absa and Colony Capital investment professionals....
Current Job Postings...
Job of the week...             
Business Development Manager, Primary Markets, Africa at LSE  // lseg.com
Based in London, United Kingdom
Senior Manager at IQ-EQ  // iqeq.com
Based in Cape Town, South Africa
Investment Manager, East Africa at AgDevCo  // agdevco.com
Based in Nairobi, Kenya
Investment Director, Equity Financial Institutions at CDC
 
// cdcgroup.com
Based in London, United Kingdom
Investment Director, Project Finance Infrastructure at CDC
 
// cdcgroup.com
Based in London, United Kingdom
Corporate Finance Associate at Clifford Chance  // cliffordchance.com
Based in Casablanca, Morocco
Private Equity Analyst at Futuregrowth Asset Management  // futuregrowth.co.za
Based in Cape Town, South Africa
Upcoming Conferences...
Highlighted Event...             
AfricArena 
Cape Town, South Africa, November 11th to November 12th, 2019
Agribusiness Deal Room at AGRF 2019 
Accra, Ghana, September 3rd to September 6th, 2019
SuperReturn Global Infrastructure 
London, United Kingdom, September 16th to September 18th, 2019
Bonds, Loans & Sukuk East Africa 2019 
Nairobi, Kenya, September 17th, 2019
Investing Impact Capital in Africa Alternatives
New York, USA, September 24th, 2019
Africa Property Investment Summit & Expo 
Johannesburg, South Africa, October 2nd to October 3rd, 2019
Africa Investor Week 
Johannesburg, South Africa, October 7th to October 9th, 2019
Africa PPP 2019 
Cape Town, South Africa, October 22nd to October 24th, 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

Africa Capital Digest is a product of Rowayton Press 
Customer Service |  [email protected] | P.O. Box 141,
Rowayton, CT 06853, USA