Africa

Phatisa and Finnfund Exit Sierra Leone’s Planting Naturals

Phatisa and Finnfund fully exited Planting Naturals, a Sierra Leone-based organic palm oil producer, via a sale to PaLenDu, an affiliate of Dutch Dekker Group. Read More

SPE Capital Reaches USD140m First Close for PEF III

SPE Capital reached a USD140m first close for its third PE fund focused on SMEs in North Africa. The vehicle has a USD350m target. Read More

BII Exits 10.1% Stake in Kenya’s I&M Group to AfricInvest

BII exited its 10.1% stake in I&M Group, a Kenya-based financial banking group focused on Eastern Africa, via a sale to AfricInvest. Read More

DPI Exits South Africa’s International Facilities Services

DPI fully exited International Facilities Services, a South Africa-based provider of facilities management services in remote locations, via a sale to ES-KO and Phatisa. Read More

Adenia Partners Exit Ghana’s Cresta Uhuru Investment Partners

Adenia Partners fully exited Ghana-based paint manufacturer Cresta Paints via a sale to Uhuru Investment Partners. Read More

Adenia Exits Ghana’s DDP Outdoor

Adenia fully exited DDP Outdoor, a Ghana-based out-of-home advertising company, via a sale to Injaro Ghana Venture Capital Fund. Read More

Alterra Capital Partners Acquires Significant Stake in South Africa’s Chill Beverages from Old Mutual Private Equity

Alterra Capital Partners acquired a significant stake in South Africa-based soft drink distributor Chill Beverages, facilitating an exit for Old Mutual Private Equity. Read More

AfricInvest sells part of its stake in One Tech

AfricInvest partially edited its stake in One Tech, a Tunisia-based electrical equipment manufacturer and services provider, for TND8m (~USD2.6m). Read More

BII and Citi Launch USD100m Risk-Sharing Facility for Africa

BII and Citi launched a USD100m risk-sharing facility focused on economically productive goods, transport, essential equipment and machinery that strengthen food security in African markets such as Benin, Cameroon, Côte… Read More

Mediterrania Fully Exits Morocco’s TGCC

Mediterrania Capital Partners fully exited TGCC, a Morocco-based construction and civil engineering company. Read More

TLCom Capital Reaches USD154m Final Close for TIDE Africa Fund II

TLCom Capital reached a USD154m final close for its second TIDE Africa Fund focused on early-stage startups across the region. Read More

BlueOrchard Leads USD20m Series B for Kenya’s Pula

BlueOrchard led a USD20m Series B for Pula, a Kenya-based agriculturale insurance provider, with participation from IFC, the Bill & Melinda Gates Foundation, Hesabu Capital and others. Read More