DFC approved USD245m in investments in Africa, the Middle East, Latin America and the Indo-Pacific. Commitments include a USD40m investment in Adenia Capital V; a USD25m investment in Monk’s Hill Ventures Fund III; a USD100m partial credit guarantee to ADM Capital Asia Climate-Smart Landscape Fund; and a USD80m direct loan… Read More
Nexus Group acquired a 29.83% stake in Colombia-based recycling company Apropet. Read more… Read More
Stone Plant Investments, an affiliate of Warburg Pincus, acquired a majority stake in Imperial Auto Industries, an India-based manufacturer of fluid transmission products, for an undisclosed amount. Read more… Read More
Wavemaker Partners reached a USD136m final close for its fourth fund targeting investments in early-stage enterprise, deep tech and sustainability startups in Southeast Asia. Read more… Read More
Cerberus Capital Management agreed to acquire Subic Bay, a shipyard located at a former US navy base in the Philippines, for USD300m. Read more… Read More
Sequoia Capital India and STV led a USD54m Series B+ for UAE-based BNPL platform Tabby, with follow-on from Arbor Ventures, Mubadala and Global Founders Capital. Read more… Read More
Actis, Westbrook Investments and other shareholders agreed to sell their entire interest in Tapestry Home Brands, a South Africa-based D2C home furnishings company, to Johannesburg-listed The Foschini Group for ZAR2.35b (~USD150m). Read more… Read More
Insight Venture Partners led a USD32.8m round for Ghana-based payments app Dash, with participation from GFC, 4DX Ventures, ASK Capital, Techstars and Zinal Growth Partners. Read more… Read More
Westbridge Capital led a USD32m Series B for India-based agtech Otipy, with follow-on from SIG and Omidyar Network India. Read more… Read More
Prosus Ventures and Tiger Global led a USD50m Series C for India-based B2B animal protein marketplace Captain Fresh, with participation from Accel India, Matrix Partners India, Ankur Capital and Incubate Fund. Read more… Read More
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