The weekly roundup of Africa's Private Capital news
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Here's your preview of the week's deal activity in Africa's private equity and venture capital markets. We're running a special offer for the next few weeks - take advantage of it to get access to our archive of deal and fundraising content.
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We thank you for being part of the Africa Capital Digest community and encourage you to contact us with any suggestions on topics and coverage which might be more useful to everyone by emailing me at Allan Cunningham today.
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 & Debt Deals...
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Private Equity
Helios and reinsurance execs launch new platform
Helios Investment Partners is teaming up with two former reinsurance business CEO's to develop and launch Africa Specialty Risk Group, a reinsurance...
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Already operating in Africa, Zipline to test on-demand drone delivery service with retail giant Walmart
Image Credit: Zipline |
Private Equity
EFG Hermes's private equity arm exits solar portfolio
EFG Hermes has sold its private equity holding in a portfolio of solar photovoltaic assets to the subsidiary of a large South East Asian utility at an enterprise value of...
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Private Equity
ASOCapital exits Okuhle Media in trade sale
Africa Special Opportunities Capital has sold its majority stake in Okuhle Media which it acquired in 2017 to Trace Holdings...
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Private Equity
PAPE Funds takes significant minority stake in DDS
PAPE Fund Managers has agreed to acquire a portion of the stakes held by the management of DDS, a well-established beverage dispensing and...
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Private Equity
Big Cabal Media lands deal with Platform Capital
Digital media company Big Cabal Media has secured an investment from Lagos-based Platform Capital which it will use for m...
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Venture Capital
Valenture lands deal with Silicon Valley venture firm
Valenture Institute, an online private high school headquartered in South African, has secured an investment from GSV Ventures, landing...
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Private Debt
ABC Fund backs two West African agribusinesses
The Agri-Business Capital Fund, one of six funds which make up a new blended investment platform launched at Davos in January this year, is backing two...
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| Projects & Portfolio Company News... |
Venture Capital
Zipline's test with Walmart could prove a gamechanger
Zipline, a drone delivery company with operations in Rwanda and Ghana that counts several blue-chip venture investors among its backers, has struck a notable deal...
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This week's issue supported by...
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Chain AMS Gas Turbine offer to appeal to Africa's power investors and IPPs
A Siemens Turbine being sold by Chain Asset Management Solutions heralds a new, reliable source of capital equipment for investors, corporations and governments both north and south of the Sahara.
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| Fund & Fundraising News... |
Sovereign Wealth Fund
Djibouti's sovereign wealth fund officially launched
Having initially outlined its plans for a sovereign wealth fund earlier this year, Djibouti's government officially launched the fund last week...
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| Companies, People & Profiles... |
Companies
Palladium takes minority stake in Bamboo Capital
Palladium, a global impact advisory firm, has agreed to take a minority stake in Bamboo Capital Partners, an impact investing firm for...
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People
MENA-focused Waha Capital appoints new CEO
Waha Capital has a new CEO, hiring a senior investment professional working in the Abu Dhabi Investment Council's global special situations unit...
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People
GreenTec hires experienced early-stage investor as CIO
GreenTec Capital Partners announced the hire of one of Africa's well-known early-stage investors as the venture firm's new Chief Investment Officer last week...
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Principal/Director, Private Credit at BluePeak Private Capital
// bluepeakpc.com
Based in Nairobi, Kenya
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New this week...
Senior Investment Officer, Mining at IFC // ifc.org
Based in Washington, DC, United States
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Impact Investment Manager, Africa at Partners Group // partnersgroup.com
Based in London, United Kingdom
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New this week...
Associate, Global Investment Funds Practice at DLA Piper // dlapiper.com
Based in London, United Kingdom
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SuperReturn Growth Markets Virtual
Online, November 30th to December 3rd, 2020
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Virtual Event, October 20th to November 13th, 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 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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Africa Capital Digest is a product of Rowayton Press
Rowayton, CT 06853, USA
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