The Weekly Roundup of Africa's Private Capital News
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Greetings!
Here's this week's wrap of the most interesting Africa-related private equity, infrastructure, and venture capital deal stories covered last week. Today is the first day of a special offer we're running over the next few weeks - take advantage of it today and get full access to the stories behind the headlines as well as our full archive of content.
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Private Equity
Having backed Total Southern Africa in 2015, Sakhumnotho Group Holdings (SGH) is making its second deal in the petrochemicals sector, buying a minority stake in a company holding Refinex and...
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SGH invests in company holding Refinix and SA Tank Terminals
Image Credit: Refinix
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Private Equity
DEG has acquired a minority stake in Ashway, the parent company of Daraju Industries, a manufacturer and distributor of personal care and household products in Nigeria, one of Africa's most populous...
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Private Equity
South Africa's Competition Commission has given the go-ahead for a trio of investment firms to acquire a stake in a South African logistics firm owned by ASOCapital's first fund. The terms of the investment...
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Venture Capital
Goodwell Investment's uMunthu fund has made its twentieth and final deal, backing a Nairobi-based fintech focused on the micro, small and medium enterprise sector in East Africa...
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Venture Capital
Sendbox, a Nigeria-based eCommerce fulfillment platform, closed a seed round last week, raising capital from a group of four investors. The capital invested for the round lifts the total amount raised so far by...
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Venture Capital
Eden Life, a startup that's developed Africa's first home services app allowing people to schedule food, laundry, and cleaning services, has wrapped up a 7-figure seed round from a group of 6 investors led...
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This week's issue supported by...
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Private Equity
Having secured a commitment for its second private equity fund from the European Investment Bank earlier this year, Cairo-based Ezdehar Management could soon be adding another development...
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Venture Capital
The International Finance Corporation's board has signed off on a commitment to a venture fund targeting pre-seed stage investment opportunities. The fund is being sponsored by Antler East Africa, a...
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Projects & Portfolio Companies...
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Solar
Frazium Energy has signed an agreement with Eswatini's government to develop what will be Africa's largest solar battery project which will be located in Matsapha in the central part of the country. The...
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Fintech
Digital payments startup MFS Africa has struck a deal to acquire Baxi which, according to the firm, will be the second-highest fintech acquisition in Nigeria after Stripe's $200 million deal for Paystack a year ago...
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Companies, People & Profiles...
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People
The Fund for Export Development in Africa (or FEDA), a subsidiary of the African Export-Import Bank (or Afreximbank), is in the process of recruiting a new Chief Executive to lead and develop a team of...
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Highlighted Job of the Week
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Based in Johannesburg, South Africa
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Based in London, United Kingdom
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Impact Executive, Development Impact Management, Infrastructure & Climate at CDC // cdcgroup.com
Based in London, United Kingdom
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Based in London, United Kingdom
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Based in London, United Kingdom
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Based in London, United Kingdom
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London, United Kingdom, November 2nd to November 4th, 2021
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New this week...
Online, November 3rd to November 4th, 2021
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Online & Maputo, Mozambique, November 9th to November 11th, 2021
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Hermanus, South Africa, November 11th to November 13th, 2021
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Online and Cape Town, South Africa, November 15th, 2021
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Online and Cape Town, South Africa, November 16th to November 17th, 2021
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Online, November 22nd to November 23rd, 2021
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Online, November 17th to November 19th, 2021
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London, United Kingdom, November 17th to November 18th, 2021
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Online and Luanda, Angola, November 23rd to November 25th, 2021
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Online and Houston, USA, December 9th to December 10th, 2021
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