Sawari Ventures Leads USD9m Investment in Egyptian Microelectronics Company Si-Ware
Sawari Ventures led a USD9m funding round for Egypt-based microelectronics company Si-Ware Systems, with participation from Egypt Ventures. Read more… Read More
Sawari Ventures led a USD9m funding round for Egypt-based microelectronics company Si-Ware Systems, with participation from Egypt Ventures. Read more… Read More
The I&P Acceleration in Sahel, a program launched in July 2020 by Investisseurs & Partenaires (I&P) and the European Union, has provided seed funding to 11 companies in West Africa. Read more… Read More
LeapFrog Investments has fully exited its stake in Kenya-based medical insurance provider Resolution Insurance via a sale to Linkham Group for an undisclosed amount. The transaction is subject to regulatory approvals and is expected to close by the end of Q1 2021. Read more… Read More
Philadelphia Board of Pensions & Retirement has committed USD50m to the African Development Partners III (ADP III) fund, a pan-African, consumer-focused fund managed by Development Partners International (DPI). Read more… Read More
Cerberus Capital Management and Rockstone Real Estate have committed USD25m to develop a residential building in Addis Ababa’s Signal district in Ethiopia. Read more… Read More
The Mastercard Foundation has committed USD10.5m to I&P Education to Employment (IP2E) Fund, which will support businesses in the education sector in Côte d’Ivoire, Ghana, and Senegal. Read more… Read More
IFC and IFC Asset Management Company have agreed to invest up to USD15m in South Africa-based payment platform Adumo. Read more… Read More
Phatisa has reached a USD143m final close for Phatisa Food Fund 2 following a USD82m joint commitment from CDC Group, Norfund, Finnfund, FinDev Canada, and BIO. The vehicle will invest in the food value chain across Sub-Saharan Africa. Read more… Read More
CDC Group, alongside Africa Platform Capital and the family office of (Cinven co-founder) Simon Rowlands, has invested USD100m in Egypt-based diagnostics and medical care company Alfa Medical Group. Read more… Read More
Amethis has acquired an undisclosed minority stake in Nouvelle Minoterie Africaine (NMA), a Senegal-based fast moving consumer goods company focused on the production and distribution of poultry and livestock feed, pasta, and wheat flour. Read more… Read More
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