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January 16th, 2023

The Weekly Roundup of Africa's Private Capital News
 

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Here's our latest preview of the most interesting Africa-related private equity, infrastructure, and venture capital deal stories that have emerged over the past week. If you'd like to have full access to our news content, make sure you take advantage of an exclusive offer we have for you for 2023.


January's Unbeatable Offer for 2023 - take $100 off!


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  • Reading the full stories behind the headlines below
  • Finding out deal values, stake sizes, and the investment professionals involved
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  • Learning about any new funds raised, their LPs, their regional and sector strategies
  • Tracking portfolio company add-ons, stake sales, and exits that impact their values
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Best wishes to you and your colleagues for a productive week.

Deals...

Private Equity

BioNTech's Instadeep acquisition gives investors their exit // africacapitaldigest.com

NASDAQ-listed BioNTech has agreed to acquire artificial and machine learning startup Instadeep, giving the firm's investors a full exit from the business. The deal is one of the largest of the past few years...

Read more...

BioNTech's acquisition of Instadeep gives the AI startup's investors their exit

Image Credit: Pixabay

Private Equity

CDG Invest buys stake in Moroccan textile and clothing business // africacapitaldigest.com

CDG Invest's investment vehicle Nama Holding has made an investment in a well-established Moroccan textile group. The Rabat-based alternative investment business, a unit of Morocco's...

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Private Equity

LeapFrog's deal allows Apis to exit rest of its holding in Sun King // africacapitaldigest.com

Having partially exited its stake in Sun King last April, London-based private equity firm Apis Partners has sold the rest of its stake in the business as part of LeapFrog's $70 million Series D extension deal...

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Private Equity

Aruwa Capital makes follow on investment in AgroEknor International // africacapitaldigest.com

Aruwa Capital Management is making a follow on investment in a business it first backed in November 2021. The Lagos-based private equity firm is increasing the size of its minority stake in AgroEknor...

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Private Debt

EAIF financing helps Ivorian hydro project to reach financial close // africacapitaldigest.com

The Emerging Africa Infrastructure Fund has agreed to provide financing to Ivoire Hydro Energy, an independent power producer building a 44MW hydroelectricity generation plant near the village of...

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Private Debt

LHGP-managed FEI invests debt in West African C&I company // africacapitaldigest.com

Lion's Head Global Partners announced last week that the Facility for Energy Inclusion has made a debt investment in a West African Commercial and Industrial (C&I) Solar Power provider. The deal, which...

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Venture Capital

Jetstream raises mix of debt and equity from new and existing investors // africacapitaldigest.com

Jetstream Africa, an e-logistics firm that helps African corporations efficiently finance, manage, and keep track of their regional supply chains, has raised...

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Venture Capital

Samurai Incubate leads oversubscribed pre-Series A for Releaf // africacapitaldigest.com

Having backed Releaf's seed round, Samurai Incubate Africa is back, leading a group of investors backing the Nigerian startup's oversubscribed Series A round. Between them, the investors are...

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From this week's Content Partner, Chain AMS

Sponsored Article

Chain AMS offers Africa's power sector high-quality, reasonably priced equipment


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Funds & Fundraising news...

Venture Capital

FMO approves commitment to Partech's second Africa fund // africacapitaldigest.com

FMO has approved a commitment to Partech Partners' second Africa fund, joining a group of other development finance institutions that have already agreed to back the planned...

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Companies, People & Projects...

People

DFC taps Jewell as Chief Diversity and Inclusion Officer // africacapitaldigest.com

The U.S. International Development Finance Corporation (DFC) has appointed Neonu Jewell as its Chief Diversity and Inclusion Officer. In this role, she will oversee the implementation of...

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Job Openings...
Highlighted Job of the Week

Program Director, Egypt at 500 Global // 500.co

Based in Cairo, Egypt

Read more...

Program Associate, Egypt at 500 Global // 500.co

Based in Cairo, Egypt

Read more...

Senior Investment Manager at Smart Capital // smartcapital.tn

Based in Tunis, Tunisia

Read more...

Senior Investment Manager, Food & Agriculture at Swedfund // swedfund.se

Based in Stockholm, Sweden

Read more...

Investment Manager, Special Operations at Swedfund // swedfund.se

Based in Stockholm, Sweden

Read more...

Upcoming Conferences...
Highlighted Event

Africa Energy Indaba // energyindaba.co.za

Cape Town, South Africa, March 7th to March 9th, 2023

Read more...

Investing in African Mining Indaba // miningindaba.com

Cape Town, South Africa, February 6th to February 9th, 2023

Read more...

Africa Tech Summit // africatechsummit.com

Nairobi, Kenya, February 15th to February 16th, 2023

Read more...

Africa's Green Economy Summit // greeneconomysummit.com

Cape Town, South Africa, February 22nd to February 24th, 2023

Read more...

Bonds, Loans, & ESG Capital Markets // gfcmediagroup.com

Cape Town, South Africa, March 14th to March 15th, 2023

Read more...

Save the date...

Global Private Capital Conference 2023 // gpcconference.org

New York, United States, March 27th to March 29th, 2023

Read more...

Save the date...

SAVCA's Annual Private Equity Conference 2023 // savca.co.za

Stellenbosch, South Africa, May 17th to May 18th, 2023

Read more...

AFSIC: Investing in Africa // afsic.net

London, United Kingdom, October 9th to October 10th, 2023

Read more...

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