Big names and decent-sized deals characterized last week's private capital transactions in Africa last week. It's likely the biggest came to us courtesy of Ethos Private Equity who sold the 72% stake in promotional clothing and accessory company Kevro the bought for $108 million in 2012 to a consortium made up of RMB Corvest, RMB Ventures, Kevro's management and, you guessed it, Ethos. This time the deal was for their year-old Mid Market Fund, giving their 2011-vintage Fund VI and exit.

Towards the end of the week, The Carlyle Group announced that it is acquiring NOSA Group from MICROmega Holdings, a JSE-listed investment holding company, on behalf of its $698 million sub-Saharan Africa private equity fund. The fund is paying approximately R750 million or $56.5 million for the company which sells occupational health, safety and environmental risk management services and solutions to clients across multiple industry sectors. The deal, which will be the ninth for the fund, is expected to close early next year.

Pan-African venture capital investor CRE Venture Capital has led the $40 million Series C funding round for Andela, a company that recruits, trains and places software developers in corporations across all sectors. The capital will be used to fund Andela's expansion plans. The firm plans to open offices in two more African countries and double its developer base from the current level of 500 over the next 12 months. Investors in this and prior rounds include the Chan Zuckerberg Initiative, Omidyar Network and Spark Capital. The deal brings the total amount invested in Andela to $80 million so far.