July 19th, 2021
The Weekly Roundup of Africa's Private Capital News
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Greetings!

Here's your preview edition to this week's Africa Capital Digest. Many thanks for being a reader and feel free to share this newsletter with any colleagues or industry partners you think might have an interest.

If you have any questions or comments, please be sure to email our Publisher Allan Cunningham today.

As always, our best wishes to everyone for a healthy, productive week.
This week's issue supported by...
Deals...
Venture Capital
American and MENA investors back elmenus's pre-Series C // africacapitaldigest.com
A trio of new investors has agreed to invest in a pre-Series C round for elmenus, a food discovery and delivery startup based in Egypt. Between them, MENA-based digital payments company...
Egypt's elmenus raises pre-Series C from American and MENA-based investors
Image Credit: elmenus
Private Capital
BluePeak chooses SOTUPA for maiden fund's first deal // africacapitaldigest.com
BluePeak Private Capital has reportedly approved its maiden fund's first investment. The Tunis-based based fund manager will invest...
Venture Capital
Bevy's acquisition gives Eventtus investors their exit // africacapitaldigest.com
Bevy's acquisition of Eventtus, a Cairo-headquartered event management software company, has given the firm's venture investors a full exit. These include Algebra Ventures, 500 Startups...
Venture Capital
MEVP, Algebra, and Global Ventures lead Yodawy's Series B // africacapitaldigest.com
A group of investors led by Middle East Venture Partner, Algebra Ventures, and Global Ventures has invested in Yodawy's Series B round. The Cairo-based online pharmacy has raised a total of ...
Trade FInance
CDC approves $50 million trade facility for Ecobank International // africacapitaldigest.com
Marking its first transaction with Ecobank International, CDC Group has approved a $50 million trade finance facility with the Ecobank Group unit to help buttress systemic liquidity and vital supply chains...
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Funds & Fundraising...
Venture Capital
Sustainability-focused venture fund holds oversubscribed final close // africacapitaldigest.com
Ecosystems Integrity Fund (EIF), a San Francisco-based venture firm with a couple of African startups in its portfolio, has held the final close for its fourth fund, beating its original target by 25%...
Mezzanine
IFC's backing for new Vantage Capital fund is a first for the DFI // africacapitaldigest.com
Of the DFI commitments made to the first close of Vantage Capital's latest mezzanine fund, IFC's $25 million investment is a first. It's both the first time the organization has...
Private Equity
CDC leads investment in South African affordable housing fund // africacapitaldigest.com
CDC Group is leading an investment in an affordable housing fund in South Africa, supporting the construction of new, green affordable units targeted at low- and middle-income households over the...
Infrastructure Capital
AIIM, Sanlam Infraworks, others selected for Nigeria's new infra fund // africacapitaldigest.com
Nigeria's government has approved the appointment of several managers for a new infrastructure fund initiative backed by the Central Bank of Nigeria, the Nigeria Sovereign Investment Authority, and...
Time for a Snapshot..
Tanzania's Agricultural Sector

In partnership with Africa Insight Advisors, we'll be bringing you regular Snapshots of interest to Africa's private capital market investors and their advisors. In this issue, Tanzania's Agricultural Sector and its key aspects are summarized neatly for you in a handy, downloadable format.





Companies, People & Profiles...
People...
Two ECP Partners joiin Alterra Capital // africacapitaldigest.com
Two Partners from Emerging Capital Partner's Nairobi office are joining another Africa-focused private equity firm to launch a new investment vehicle focused on opportunities on the continent...
People...
Amethis hires Partner for new Africa-related investment vehicle // africacapitaldigest.com
Amethis has hired a new Partner to develop an investment vehicle that will back European SMEs with aspirations to expand on the African continent. The Paris-headquartered private equity firm has...
People...
IFC appoints new Senior Country Manager for Nigeria // africacapitaldigest.com
International Finance Corporation has appointed a 23-year veteran of the organization to be the DFI's Senior Country Manager for Nigeria to replace Eme Essien Lore who has left the institution after...
People...
Oikocredit taps Rigaud as new Regional Equity Manager for Africa // africacapitaldigest.com
Oikocredit has promoted Sébastien Rigaud to the position of Regional Equity Manager to support and expand the social impact investor's investment strategy and portfolio in Africa...
Job Openings...
Highlighted Job of the Week
Head of Strategy & Growth at LeapFrog Investments // leapfroginvest.com
Based in Sydney, Australia
New this week...
Regional Director, North Africa at IFC // ifc.org
Based in Cairo, Egypt
Managing Director at Oikocredit International // oikocredit.coop
Based in Amersfoort, The Netherlands

Principal Officer Projects & Infrastructure Finance at TDB // tdbgroup.org
Based in Nairobi, Kenya
Senior Legal Officer at TDB // tdbgroup.org
Based in Nairobi, Kenya
New this week...
Coverage Manager, Nigeria at CDC // cdcgroup.com
Based in London, United Kingdom
Transactor, Private Equity at RMB // rmb.co.za
Based in Johannesburg, South Africa
Investment Officer at IFC // ifc.org
Based in Dakar, Senegal
Senior Associate at CrossBoundary // crossboundary.com
Based in Tunis, Tunisia
Associate at CrossBoundary // crossboundary.com
Based in Tunis, Tunisia
Investment Analyst at IFC // ifc.org
Based in Accra, Ghana
Investment Analyst at IFC // ifc.org
Based in Lagos, Nigeria
New this week...
Junior Strategy and M&A Consultant at Groupe FINACTU // finactu.com
Based in Casablanca, Morocco
Upcoming Conferences...
Highlighted Event
Angola Oil & Gas 2021 // energycapitalpower.com
Luanda, Angola, September 9th to September 10th, 2021
Africa Bank 4.0 - East Africa // africabanksummit.com
Virtual Event, July 28th & July 29th, 2021
U.S.-Africa Energy Forum 2021 // energycapitalpower.com
Online and Houston, USA, October 4th to October 5th, 2021
AFSIC - Investing in Africa // afsic.net
London, United Kingdom, October 10th to October 12th, 2021
SuperReturn Africa 2021 // informa.com
London, United Kingdom, November 2nd to November 4th, 2021
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