EMPEA Private Capital Content & Resource Center
Lion’s Head Provides USD4m in Financing to Africa-Focused Solar Solutions Provider Bboxx
Lion’s Head Global Partners, through its Facility for Energy Inclusion Off-Grid Energy Access Fund, has agreed to provide USD4m in debt financing to Africa-focused solar solutions provider Bboxx to support its expansion into the Democratic Republic of Congo. Read more… Read More
Ribbit Capital Leads USD30m Series B for African Cross-Border Fintech Startup Chipper Cash
Ribbit Capital led a USD30m Series B for Chipper Cash, a mobile-based P2P payment services platform with operations in Ghana, Uganda, Nigeria, Tanzania, Rwanda, South Africa, and Kenya. Bezos Expeditions, the personal VC fund of Amazon CEO Jeff Bezos, also participated in the round. Read more… Read More
OMAI Invests in South African Education Company Sifiso Learning Group
Old Mutual Alternative Investments, through its Education Investment Impact Fund of South Africa, has made an undisclosed investment in South Africa-based private education company Sifiso Learning Group. Read more… Read More
TLcom and 4DX Lead USD3.4m Pre-Seed Round for Nigerian Automotive Startup Autochek
TLcom Capital and 4DX ventures led a USD3.4m pre-seed round for Nigeria-based car sales and services platform Autochek, with participation from Golden Palm Investments, Lateral Capital, MSA Capital, and Kepple Africa Ventures. Read more… Read More
CDC, DPI, and EBRD Acquire Adwia Pharmaceuticals and Seed USD750m Pan-African Biopharma Platform
CDC Group, Development Partners International, and the European Bank for Reconstruction and Development have jointly committed USD250m to fund the acquisition and combination of Egypt-based drugmaker Adwia Pharmaceuticals and India-based drugmaker Celon Laboratories to create a new USD750m pan-African biopharmaceutical platform. Read more… Read More
ARCH EM Partners to Invest USD40m in Secondary Deal for CrossBoundary Energy
ARCH Emerging Markets Partners’ Africa Renewable Power Fund has agreed to invest USD40m in CrossBoundary Energy, a pan-African investment fund focused on commercial and industrial solar services, in a secondary transaction that will see initial investors in the fund exit. Read more… Read More
AIIM and STOA Lead USD97m Investment in South African Fiber Network Operator MetroFibre Networx
African Infrastructure Investment Managers (AIIM), through its newly incorporated Digital Infrastructure Investment Holdings platform, and existing investor STOA, a foreign investment vehicle based in France, led a ZAR1.5b (approximately USD97m) investment in MetroFibre Networx, a South Africa-based open access fiber network operator. AIIM invested ZAR980m (approximately USD64m) for… Read More
FMO and Ezdehar to Acquire 25% Stake in Egyptian Solvent and Resin Manufacturer Eagle Chemicals from 8 Miles for USD30m
FMO and Ezdehar have agreed to jointly acquire a 25% stake in Egypt-based solvent and water-based resin manufacturer Eagle Chemicals Group from 8 Miles for an estimated USD15m each. Read more… Read More
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