April 6th, 2020
The  weekly roundup of Africa's Private Capital news

For colleagues interested in having their own access, please email us today
  

Welcome to your preview edition to this week's  Africa Capital Digest.

As many of us are working away from our offices because of the COVID-19 crisis, we are offering everyone a $100 discount off the regular subscription rate to help keep abreast of the deals, fund raises, job changes and more which will continue to shape Africa's private capital markets at this time. To take advantage of this opportunity, please sign up below. 

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Best wishes to everyone for a healthy, productive week.
This week's issue supported by...             
Deal News...
Private Equity
Adenia exits €20mln paint company in trade sale
Adenia Partners has sold a Mauritian paint and coatings manufacturer it first backed in 2014 to AkzoNobel, marking the third exit for...

Adenia Partners exits paint business Mauvilac in trade sale to AkzoNobel
Image Credit: Adenia Partners/Mauvilac
Private Equity
IFC approves debt/equity deal in unlisted healthcare REIT
IFC, the World Bank's development finance arm, has approved an investment in Growthpoint Healthcare Property Holdings, part of the stable of investment...
Venture Capital
Mobiz lands first $1m of an expected $2m pre-Series A
Mobiz has raised $1 million from Kalon Venture Partners and, according to Stadia Corporate Advisory, expects to land an additional $1 million from HAVAIC within the...
Venture Capital
Finnfund invests in women-focused e-commerce startup
Finnfund has agreed to make an investment in a 4-year old startup that it's been in discussions with since February. The Finnish development finance institution is. ..
Fund & Fundraising News...
Private Debt
New debt facility from Vital to cushion COVID-19 impact
Last week Vital Capital announced a new debt facility to provide loans to businesses in Africa and support them through the economic fallout of the current COVID-19 crisis.. .
Projects & Portfolio Company News...
Off-Grid Solar
Renewvia plans $350mln off-grid platform for Africa
Renewvia Energy is planning to establish a holding company to consolidate its off-grid solar holdings in Africa and raise up to.. .
Logistics
DFC makes initial loan disbursement to Twiga
Having raised a mix of equity and debt from a roster of banner investors last November, Twiga Foods received the first disbursement of...
Trends & Strategies...

ESG
ESG and Africa's Unlisted Companies: The Journey of an Impact Token
In the third of several excerpts from the just-published Impact Africa report, a look at impact tokens which  can be sold directly to donors as the digital certificate of the impact event funded by the donor or investor, as collateral for performance-based-impact investment products or provide proven impact content in "ESG"/"SDG" investment portfolios .

Written by Fleur Heyns, co-founder of Proof of Impact.
Current Job Postings...
Job of the week...             
Senior Investment Associate at Centum
// centum.co.ke
Based in Nairobi, Kenya
New this week...
Interim Head of Special Situations, CIO Team at CDC
// cdcgroup.com
Based in London, UK
New this week...
Senior Investment Officer at IFC
// ifc.org
Based in Nairobi, Kenya
New this week...
Investment Officer at IFC
// ifc.org
Based in Nairobi, Kenya
Transaction Leader at Open Capital Advisors
// opencapital.com
Based in Nairobi, Kenya
Investment Associate, Catalyst Funds at CDC
// cdcgroup.com
Based in London, UK
Investment Associate at CrossBoundary
// crossboundary.com
Based in Nairobi, Kenya
Analyst at CrossBoundary
 
// crossboundary.com
Based in Accra, Ghana
Upcoming Conferences...
Highlighted Event...             
Africa Assembly 
Paris, France, September 22nd to September 23rd, 2020
Africa Bank 4.0 Summit 
Nairobi, Kenya, June 24th to June 25th, 2020
21st Africa Energy Forum 
Barcelona, Spain, June 30th to July 3rd, 2020
Finnovation East Africa 
Nairobi, Kenya, August 27th to August 28th, 2020
Power Project Finance 
Johannesburg, South Africa, September 7th to September 11th, 2020
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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