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October 19th, 2026

The Weekly Roundup of Africa's Private Capital News
 

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Here's your weekly preview of Africa Capital Digest's headlines.


Below are the headlines from last week's coverage of Africa's private equity, venture capital, private credit, and infrastructure investment markets. The full stories behind them are available to subscribers.


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Thank you for being part of the Africa Capital Digest community. Have a deal to share, or a topic you'd like us to cover? Email our Publisher, Allan Cunningham, anytime.


Our best wishes for the week ahead.


Deal News...

Private Equity

APM Capital's Portek Deal Adds African Port Assets to Portfolio // africacapitaldigest.com

A.P. Moller Capital has agreed to acquire Portek International from Mitsui & Co., adding the Bejaia Mediterranean Terminal in Algeria and port management concessions in Owendo and Port-Gentil....

Read more...

A.P. Moller Capital's Deal for Portek Adds Port Assets in Algeria and Gabon to EMIF II's Portfolio

Image Credit: Pixabay

Private Equity

Amethis Buys Stake in ATI Industries, Supporting International Growth // africacapitaldigest.com

Amethis's investment, alongside Bpifrance, will support the French thermal specialist firm's international growth plans, including in Africa and the Middle East...

Read more...

Private Equity

Kuunda completes US$5 million secondary sale led by E4E Africa // africacapitaldigest.com

The secondary returned capital to early backers of the digital lending infrastructure company and cut its shareholder register from twelve to four. Accion Ventures, Portugal Gateway Fund, and Seedstars...

Read more...

Mezzanine Debt

Kholo Capital provides Kleoss-backed DCC with Mezzanine Facility // africacapitaldigest.com

The Johannesburg mezzanine fund's debt will refinance existing borrowings at the South African ICT distributor, which Kleoss Capital acquired alongside management three years ago...

Read more...

Private Debt

Finnfund Provides Debt Facility to Bisedge, Supporting Expansion // africacapitaldigest.com

The senior debt facility, arranged with Trine, is the Finnish DFI's first electric vehicle investment in Africa and follows a US$20 million equity investment in the Mauritius-headquartered company earlier this....

Read more...

Private Debt

Nithio Makes Second E-Mobility Deal, Backing MAX // africacapitaldigest.com

Nithio has provided financing to Lagos-based e-mobility platform MAX, extending its Series B3 round to US$29 million....

Read more...

Credit

ALCB Fund Subscribes to Swami Agri's Debut Green Bond Issue // africacapitaldigest.com

The Cygnum Capital-managed fund has taken almost US$7 million of the Senegalese potato and onion producer's FAGACE-guaranteed XOF 30 billion (US$52.2 million) issue, the first agricultural green bond in the UEMOA region....

Read more...

This Week's Issue Supported by...

AfricArena Grand Summit 2026

Trends, Perspectives & Strategies...

Critical Minerals

AFC to Launch Mineral Exploration Investment Vehicle for Africa // africacapitaldigest.com

The Lagos-based multilateral will create a dedicated vehicle to fund the discovery and definition of new reserves, as it also targets iron ore and uranium investments and more power and port infrastructure for...

Read more...

Funds & Fundraising News...

Private Equity

EIB Weighs Large Commitment to Admaius' Virunga Africa Fund II // africacapitaldigest.com

Kigali-headquartered Admaius Capital is seeking US$500 million for its second pan-African growth equity vehicle, double the target set for its debut fund, with a first close expected in the near future...

Read more...

Private Credit

Nithio Launches Large E-Mobility Debt Fund for Sub-Saharan Africa // africacapitaldigest.com

Nithio has launched FUEL, a significant senior secured debt fund for commercial e-mobility in Sub-Saharan Africa, targeting a US$100 million first close by the end of next year...

Read more...

Private Credit

Cascador, Sterling Launch Credit Backstop Fund for Nigerian SMEs // africacapitaldigest.com

Cascador and Sterling Bank have launched a US$200 million backstop fund to share credit risk with lenders and unlock larger loans for debt-ready Nigerian SMEs...Read more...

Private Credit

Finance Earth and FSD Africa launch Africa Nature Impact Fund // africacapitaldigest.com

Finance Earth and FSD Africa have launched the Africa Nature Impact Fund, anchored by a £5 million commitment from FSD Africa Investments and targeting a US$20 million first close next year...

Read more...

Private Equity Real Estate

AWIP raises second West African real estate fund // africacapitaldigest.com

AfricaWorks Investment Partners has secured equity and debt from around a dozen LPs, including French private investors and African family offices, to acquire mixed-use assets, mainly in...

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Companies & People...

People

CBN Governor Cardoso Named as AFC's Board Chair // africacapitaldigest.com

Africa Finance Corporation has appointed CBN governor Yemi Cardoso as chairman of its board, succeeding Ireti Samuel-Ogbu, who remains a director...

Read more...

Job Openings...

Highlighted Job of the Week

MD, Impact Ventures & Business Instruments at Impact Fund Denmark // impactfund.dk

Based in Copenhagen, Denmark

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Vice President, Private Credit EMEA at Blue Earth Capital // blueearth.capital

Based in London, UK or Madrid, Spain

Read more...

Vice President, Fundraising & Investor Relations at Blue Earth Capital // blueearth.capital

Based in Zug, Switzerland

Read more...

Senior Associate at CrossBoundary Advisory // crossboundary.com

Based in Conakry, Guinea

Read more...

Associate Investment Director, Project Development Fund at Africa50 // africa50.com

Based in Casablanca, Morocco

Read more...

Investment Associate, Distributed Renewable Energy (DRE) at Africa50 // africa50.com

Based in Casablanca, Morocco

Read more...

Investment Associate, Infrastructure Acceleration Fund at Africa50 // africa50.com

Based in Casablanca, Morocco

Read more...

Upcoming Events...

Highlighted Event

AfricArena 2026 Rise Summit // africarena.com

Cape Town, South Africa, December 2nd, 2026

Read more...

The Africa Debate - UAE // investafrica.com

Dubai, United Arab Emirates, October 26th, 2026

Read more...

AfricArena 2026 Scale Summit // africarena.com

Hermanus, Western Cape, South Africa, November 30th, 2026

Read more...

Africa Capital Digest Readers Save 10%!

SuperReturn Africa 2026 // informaconnect.com

Cape Town, South Africa, December 1st to December 3rd, 2026

Read more...

2026 U.S.-Africa Business Summit // corporatecouncilonafrica.com

Port Louis, Mauritius, December 6th to December 9th, 2026

Read more...

2027

Africa Tech Summit Nairobi 2027 // africatechsummit.com

Nairobi, Kenya, February 10th to February 11th, 2027

Read more...

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