Inside Capital Partially Exits Mauritius’ WeCycle
Inside Capital partially exited Mauritius-based waste collection and recycling company WeCycle via a trade sale for an undisclosed amount. Read more… Read More
Inside Capital partially exited Mauritius-based waste collection and recycling company WeCycle via a trade sale for an undisclosed amount. Read more… Read More
African Infrastructure Investment Managers, through its IDEAS Managed Fund, acquired majority stakes in three new solar power plants in South Africa for an undisclosed amount. Read more… Read More
Sanlam Private Equity agreed to acquire South Africa-based payment solutions provider Q Link Holdings from Apis Growth Fund I, a PE fund managed by Apis Partners. Read more… Read More
Ninety One’s EAIF provided a USD10.6m loan to Serengeti Energy, the developer of the Nyamwamba ll 7.8MW run-of-the-river hydroelectricity plant in the Kasese District of Western Uganda. Read more… Read More
500 Global, VestedWorld and Loyal VC invested a USD2.5m pre-Series A for Betastore, a Nigeria-based B2B retail marketplace for informal retailers. Read more… Read More
Tiger Global led a USD15m Series A for Namibia-based last-mile distribution e-commerce company JABU, with participation from Box Group, Knollwood and D Global Ventures, and follow-on from Afore Capital, Oldslip and FJ Labs. Read more… Read More
AfricInvest reached a USD411m final close for AfricInvest Fund IV, surpassing its hard cap of USD400m. The fund will invest in mid-cap companies across diverse sectors in Africa. Read more… Read More
DPI acquired a minority stake in Côte d’Ivoire-based mesofinance and financial services institution Groupe Cofina for USD60m, providing an exit for Mediterrania Capital Partners. Read more here and here… Read More
Phatisa, together with British International Investment (formerly CDC Group), Norfund and Finnfund, acquired a significant minority stake in South Africa-based citrus and fresh produce exporter Lona Group for an undisclosed amount. Read more… Read More
SPE Capital, through its SPE AIF I fund, agreed to acquire Outsourcia, a Morocco-based customer experience and business process outsourcing provider, for USD33m, facilitating an exit for AfricInvest. Read more… Read More
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