Infrastructure fund managed by Investec Asset Management injects $27 million into hydro project on...
The Emerging Africa Infrastructure Fund (EAIF) provided a USD 27 million loan to Kikagati Power Company, a Ugandan company specializing in the energy sector....
South Africa: $ 3.6 million Spartan SME Finance for African SMEs
Small businesses set up by Africans will receive 50 million rand, or about 3.6 million USD from Spartan SME Finance, a South African firm.
These...
Nigeria: Quantum Capital Partners Raises $ 5.5 Million for TeamApt
Nigerian company Quantum Capital Partners raised $ 5.5 million for TeamApt, a provider of payment solutions.
This funding will allow the development of new financial...
Outlierz Ventures Announces First Five Investments in Africa
Launched in February 2017, Outlierz Ventures, the Moroccan-based venture capital fund dedicated to African technology startups, announces the first five investments on the African...
South Africa: Standard Bank Acquires Liberty Holdings Insurance Platform
The South African Standard Bank Group Ltd bought the technology platform of the short-term insurance business of South African insurer Liberty Holdings for 145...
London investor announced at capital of International Facilities Services
Development Partners International (DPI), a London-based private equity firm, has launched its second fund called African Development Partners II for a $ 35 million...
Investment fund: I & P launches IPAE 2 closing
By Abdoulaye Sow
Investors & Partners (I & P) completed the intermediate closing of I & P Afrique Entrepreneurs 2 (IPAE 2), thus reaching a...
South Africa: Agri-Life Fund acquires 36.5% stake in Jumbo Brands
Agri-Vie Fund II has acquired a 36.5% stake in Jumbo Brands, an agribusiness firm in South Africa.
Indeed, the investment fund is supported in this...
The I & P Afrique Entrepreneurs 1 Fund makes two outings
The I & P Afrique Entrepreneurs 1 (IPAE 1) fund, launched by Investisseurs & Partenaires in 2012, is now completing two new outings: the...
Ivory Coast: EDF acquires a stake in Conergies-Group
The French group EDF strengthens its presence in Africa with the acquisition of 49% stake in Conergies-group, a leader in integrated energy efficiency services...
Sawari Ventures Completes the First Close Of A Us$70 Million VC Fund to Invest...
Sawari Ventures today announced the US$35 million first closing of Sawari Ventures North Africa Fund I (SVNFI) during a press conference on the sidelines...
Vantage Capital grants mezzanine financing to Pétro Ivoire
This transaction represents Vantage Capital's 27th mezzanine financing transaction on three generations of mezzanine funds, with its mezzanine investment portfolio now spread across nine...
Ivory Coast: Vantage Capital awards 12 billion FCFA to Petro Ivoire, now controlled by...
The Kadio-Morokro family, founder of Petro Ivoire, takes over the majority of the company with the exit of the capital of the funds of...
Emerging Capital Partners Raises Over $ 640 Million for Fourth Pan African Fund
ECP Africa Fund IV has just completed its fundraising and is thus the largest African investment fund raised since September 2016. ECP has brought...