TLG Capital has exited its investment in Uganda-based fuel retail chain BAJ Stations Uganda for an undisclosed amount. TLG originally invested in the company in 2017 through its Credit Opportunities Fund. Read more… Read More
UOB Venture Management (UOBVM) and Credit Suisse have reached a USD60m first close on their second Asia impact investment fund. Read more… Read More
The US International Development Finance Corporation invested USD300m in Africa Data Centres, the data storage arm of Johannesburg-based Liquid Telecom, a company controlled by Zimbabwe’s Econet Group. Read more… Read More
Western NIS Enterprise Fund, a fund managed by Horizon Capital, has agreed to sell its stakes in Moldova-based Glass Container Company and Glass Container Prim (GCC) to Vetropack Group for an undisclosed amount. Read more… Read More
CLSA has reached a USD226m for Lending Ark Asia Secured Private Debt Fund, a vehicle targeting SMEs in the Asia Pacific region. Read more… Read More
Insitor Impact Asia Fund and TRIREC led a USD2m Series A2 for SolarHome, a solar energy startup offering pay-as-you-go solutions for off-grid households in Myanmar, with participation from Anthem Asia Myanmar SME Venture Fund and DPI Energy Ventures. Read more… Read More
ZWC Partners has reached a USD400m first close for its latest USD-denominated fund, a vehicle targeting early- and growth-stage startups specializing in industrial internet and new consumer across China and Southeast Asia. Read more… Read More
Lilly Asia Ventures and ARCH Venture Partners led a USD100m Series A for SciNeuro Pharmaceuticals, a China- and US-based drug developer specializing in treatments for central nervous system disorders, with participation from Boyu Capital, General Atlantic, Sequoia Capital China, TF Capital, and Zoo Capital. Read more… Read More
Investisseurs & Partenaires (I&P), through its fund I&P Afrique Entrepreneurs 2, has invested in an undisclosed pre-Series A for Ivory Coast-based mobile video content startup StarNews. Read more… Read More
Helios Investment Partners has acquired a 35% stake in the Moroccan subsidiary of Turkey-based discount grocery retailer BIM at a reported USD200m valuation. Read more… Read More
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