The
weekly roundup of Africa's Private Capital news
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Here's your preview edition to this week's Africa Capital Digest. We reported on some interesting deals last week and we think you'd get a lot of value from having the access to the full stories behind these headlines. Take a look.
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Best wishes to everyone for a healthy, productive week.
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This week's issue supported by...
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Private Equity
AIIM's second fund sells stakes to sister fund
African Infrastructure Investment Managers has structured two exit deals for its second fund, selling two of its renewable energy holdings to...
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AIIM's Fund II sells Cookhouse Wind Farm stake to AIIM's IDEAS Fund
Image Credit: Wikimedia Commons |
Private Equity
Humania lands potential EBRD investment
Humania Equity has landed a potential investment from the European Bank for Reconstruction and Development. The DFI is mulling an investment of ...
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Mezzanine
Vantage exits mezzanine investment in Vumatel
Vantage Capital announced a full exit from the mezzanine facility it provided to Vumatel following the business' success in refinancing the debt from a consortium of...
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Private Equity
DOB Equity makes follow-on investment in Moringa
Having first backed Moringa Schools in October last year, DOB Equity is back again, investing additional equity in the Nairobi-based technology training company...
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Private Equity
Goodwell backs East Africa Fruits' Series A
Goodwell Investments has led a trio of investors backing Tanzania-based East Africa Fruits' Series A round. Between them, the three investors are investing...
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Private Equity
Zimbabwe's Mangwana Capital in private placement deal
Harare-based private equity firm Mangwana Capital has agreed on a private placement investment in Invictus Energy...
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Venture Capital
Helium closes Global Ventures and AAIC-led Series A
Helium Health, an almost four-year-old healthcare technology startup based in Lagos, has successfully closed its Series A round raising a total of...
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Venture Capital
VentureSouq sells Frontier Cars stake to OLX Ventures
Dubai-based VentureSouq has struck a deal to sell its 2-year old stake in Frontier Cars to fellow shareholder OLX Ventures, the early-stage investment arm of Naspers'...
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Fund & Fundraising News...
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Private Equity
Capitalworks' third fund closes 25% ahead of goal
In one of the biggest private equity fund closes in Africa so far this year, Capitalworks announced last week that the firm had blown past its original goal and secured...
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Sovereign Wealth
Egypt's SWF to launch healthcare platform
The Sovereign Fund of Egypt is teaming up with New York-based Concord International Investment to launch a fund to target healthcare opportunities...
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Private Equity
Proparco "re-ups" for SPE Capital's first fund
Having backed Swicorp's private equity team before they spun out to form SPE Capital Partners in later 2016, Proparco s back, joining the ranks of investors committing...
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Private Equity
DPI in line for first fund commitment from FinDev Canada
Africa Development Partners III, Development Partners International's latest fund, is being considered by FinDev Canada for a capital commitment, marking the first time...
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ESG
ESG and Africa's Unlisted Companies: Global Shifts in the Asset Management Industry - and why RI matters
Responsible investment is evidently becoming an important part of institutional clients' investment decision-making process. A look at some of the dominant global shifts that call for greater, more intentional ESG integration.
Written by Hywel George, Director of Investments at Old Mutual
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Perspectives
Winter is coming for emerging markets venture capital
Covid-19's healthcare and economic impacts will be far reaching and pervasive. Rise Capital's Nazar Yasin looks at what that means for investors in emerging markets...
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| Companies, People & Profiles... |
People
Léautier tapped as Senior Partner at SouthBridge
SouthBridge Group, an Africa-focused financial advisory firm founded by Donald Kaberuka and Lionel Zinsou in 2017, has appointed Frannie Léautier as...
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People
Power Africa's new Acting Coordinator takes up the reins
Power Africa's new Acting Coordinator, who replaces Andrew Herscowitz who joined the DFC in February, has taken up the reins...
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Investment Director, Africa Private Equity at BlueOrchard
// blueorchard.com
Based in Zurich, Switzerland
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Senior Consultant, Transaction Services & Valuations at FTI
// fticonsulting.com
Based in Johannesburg, South Africa
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Consultant, Transaction Services & Valuations at FTI
// fticonsulting.com
Based in Johannesburg, South Africa
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Investment Officer at IFC
// ifc.org
Based in Dakar, Senegal
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Investment Officer at IFC
// ifc.org
Based in Johannesburg, South Africa
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Paris, France, September 22nd to September 23rd, 2020
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New this week...
24 hour Online Event, June 23rd, Starting at Midnight GMT
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Nairobi, Kenya, June 24th to June 25th, 2020
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Nairobi, Kenya, August 27th to August 28th, 2020
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Johannesburg, South Africa, September 7th to September 11th, 2020
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Amsterdam, The Netherlands, October 20th to October 22nd, 2020
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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
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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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Africa Capital Digest is a product of Rowayton Press
Rowayton, CT 06853, USA
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