November 15th, 2021
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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As always, our best wishes to everyone for a healthy, productive week.
Deals...
Private Equity
US Fund Giant Fidelity makes first Africa-focused fintech deal // africacapitaldigest.com
US-based fund management giant Fidelity is making its first direct investment in an Africa-focused fintech, leading a group of other new and returning investors backing the latest round being raised by...
JUMO
Fidelity leads JUMO's latest round for the US-based fund giant's first Africa-focused fintech deal
Image Credit: JUMO
Private Equity
AfricInvest's FIVE leads equity and debt financing round for MFS Africa // africacapitaldigest.com
FIVE, AfricInvest's evergreen financial services investment vehicle, has led a group of investors backing MFS Africa's latest capital raise in partnership with Goodwell Investments and LUN Partners...
Private Equity
Ata Capital backs MBO of South African medical devices firm // africacapitaldigest.com
Johannesburg-based Ata Capital has backed the management buyout of a medical devices supplier from JSE-listed healthcare group Ascendis Health. The buyout of Respiratory Care Africa is being funded by...
Private Equity
Kibo's sophomore fund exits logistics firm in trade sale // africacapitaldigest.com
Kibo Capital Partners has sold its significant minority interest in a Kenyan logistics business to the firm's majority shareholder, Velogic. Kibo's second fund first backed the business...
Private Debt
AfricInvest in healthcare sector private credit deal // africacapitaldigest.com
AfricInvest Private Credit is providing financing to a decade-old Kenyan hospital chain in what is the debt vehicle's first investment in the country's healthcare sector...
Private Debt
Oikocredit provides financing to Senegalese microfinance institution // africacapitaldigest.com
Oikocredit is making a loan to a microfinance institution in Senegal which has a presence in almost every region of the West African country. The social impact investor is loaning...
Venture Capital
Investment One's venture unit backs South African fintech // africacapitaldigest.com
Investment One Vencap, the venture capital arm of Nigeria's Investment One Financial Services, announced a pre-Series A investment in a South African fintech startup last week...
Fund & Financing News...
Private Equity
Adenia's latest fund attracts DFI interest // africacapitaldigest.com
Adenia Partners' recently-launched fifth fund is starting to attract investor interest. Last week, a development finance institution that backed Adenia V's predecessor with $22.3 million announced...
Private Capital
TLG Capital wins mandate to co-manage CDC Tunisia fund // africacapitaldigest.com
Africa-focused private equity and debt investor TLG Capital is one of two fund managers tapped by Tunisia's Caisse des Depots et Consignations to manage one of five planned funds that...
Strategies & Perspectives...
Enterprise Software Solutions
PE Front Office sets sights on VC market expansion in South Africa // africacapitaldigest.com
While working as Actis's Chief Technology Officer, Anup Kumar Adlakha came to two key realizations. Firstly, the opportunity in Africa for alternative investment firms was considerable, and secondly, there...
Companies, People & Profiles...
People
New Partner to help develop SouthBridge's green finance operations // africacapitaldigest.com
Aiming to play a key role in the development of green finance in Africa, SouthBridge has hired a new partner to help develop the financial institution's investments and operations for the sector...
Job Openings...
Highlighted Job of the Week
Chief Executive Officer at Afreximbank's FEDA // afreximbank.com
Based in Kigali, Rwanda
Managing Director, Head of Impact Investing at DFC // dfc.gov
Based in Washington, D.C., United States
Partner, ESG, EHS Dude Diligence, Transaction & Sustainable Finance at ERM // erm.com
Based in Cape Town, South Africa, or another ERM office on the continent
Private Debt Investment Fellow at Blue Earth Capital // blueearth.capital
Based in London, United Kingdom
Associate/Associate Director, Fund Finance at Investec // investec.com
Based in London, United Kingdom
Investment Executive, Infrastructure & Climate at CDC // cdcgroup.com
Based in London, United Kingdom
Investment Executive, Technology & Telecoms at CDC // cdcgroup.com
Based in London, United Kingdom
Investment Executive, Project Finance Debt at CDC // cdcgroup.com
Based in London, United Kingdom
Investment Associate, Financial Services Equity at CDC // cdcgroup.com
Based in London, United Kingdom
Upcoming Conferences...
Highlighted Event
Africa Green Hydrogen Forum // leadventgrp.com
Online, November 22nd to November 23rd, 2021
SAVCA 2021 Venture Capital Conference // savca.co.za
Online and Cape Town, South Africa, November 15th, 2021
Africa Energy Forum // energynet.co.uk
London, United Kingdom, November 15th to November 17th, 2021
AfricArena 2021 // africarena.com
Online and Cape Town, South Africa, November 16th to November 17th, 2021
East Africa Oil & Gas Summit & Exhibition // energyadvance.org
Online, November 17th to November 19th, 2021
Africa Investment Exchange: Power & Renewables // africa-investment-exchange.com
London, United Kingdom, November 17th to November 18th, 2021
Angola Oil & Gas Technology & Services Conference // energyadvance.org
Online and Luanda, Angola, November 23rd to November 25th, 2021
U.S.-Africa Energy Forum 2021 // energycapitalpower.com
Online and Houston, USA, December 9th to December 10th, 2021
2022
New this week...
Bonds, Loans & Sukuk Africa 2022 // gfcmediagroup.com
Cape Town, South Africa, March 8th to March 9th, 2022
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