November 5th, 2018
The  weekly roundup of Africa's Private Capital news

Welcome to the latest preview of our weekly wrap of the most interesting Africa-related private equity, infrastructure and venture capital deal stories, market opinion articles and information pieces. 
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  • Tracking portfolio company add-ons, stake sales and exits that impact their values
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Once again, many thanks for being a reader. I hope you take us up on our offer. If you have any questions, please email Allan Cunningham today.
This week's issue supported by...             
IGCS - corrected
Deal News...
Private Equity
Schulze Global deal gives Cerberus Africa foothold
With its deal for SGI Frontier Capital, Cerberus Capital Management has joined the ranks of the alternative investment industry giants with exposure to Africa...

Cerberus Capital's deal for SGI Frontier Capital gives the alternative investment giant its first foothold in Africa
Private Equity
Equator's ShoreCap III backs MFS Africa's Series B
Equator Capital announced the first investment for its third fund, ShoreCap III, last week, backing pan-African fintech company, MFS Africa...
Private Equity
Consonance takes minority stake in Student Accomod8
Within the past two weeks, Consonance Investment Managers has announced a deal it completed in January for Student Accomod8...
Private Debt
XSML makes debt deal in Uganda's Ecopharm
XSML Capital's Africa Rivers Fund is making its third investment in a pharmacy chain with twelve locations in the East African country's capital city, Kampala....
Venture Capital
GTR Ventures' Orbitt deal first in Africa
Specialist trade and supply chain investor GTR Ventures is making its first Africa deal, backing Orbitt, a pan-African focused deal origination and processing platform...
This week's issue supported by...             
African Agri 2018
Funds & Fundraising News...
Private Equity
IFC mulls commitment to DPI's third fund
The IFC is considering a commitment to Development Partners International's latest fund, Africa Development Partners III...
Projects & Portfolio Companies...
Private Equity
NEoT Offgrid buys control stake in microutility project
NEoT Offgrid Africa, a private capital-backed investment platform, is taking a controlling stake in a Nigerian microutility project...
Secctors & Strategies...
Kenyan pension schemes look to US Funds for partners
According to Kenya's Business Daily, a consortium of local pension funds has opened talks with US institutional investors under the auspices of NASP-USAID program, MiDA....
Companies, People & Profiles...
GreenTec sets up shop in Lagos
Germany-based GreenTec Capital is opening an office in Lagos. According to the venture investment firm...
Chijiutomo promoted to head CDC's Infra equity team
Chris Chijiutomo, who joined CDC in 2007, has been promoted to lead the UK's development finance institution's infrastructure equity investment team...
Current Job Postings...
Jobs of the week...             
Graduate position at Verdant Capital  //
Based in Johannesburg, South Africa
Associate, TMT Corporate Finance at Investec  //
Based in London, United Kingdom
Senior Investment Associate at CrossBoundary  //
Based in Johannesburg, South Africa
Associate, Construction & Real Estate (Equity) at CDC  //
Based in London, United Kingdom
Investment Associate, Food & Agriculture at CDC  //
Based in London, United Kingdom
Upcoming Conferences...
Highlighted Event...             
Russia-Africa Trade & Investment Summit 
Dubai, November 28th to November 29th, 2018
Bonds, Loans and Sukuk Nigeria 
Lagos, November 6th, 2018
Project, ECA & Structured Finance Middle East and Africa 
Dubai, November 6th to November 7th, 2018
Africa Renewable Energy Forum 
Marrakech, November 14th to November 15th, 2018
Gas Options: North & West Africa Summit 
Marrakech, November 14th to November 15th, 2018
African Agri Investment and Trade Indaba 
Cape Town, November 27th to November 28th, 2018
Africa 2018 | Business for Africa and the World 
Sharm El-Sheikh, December 8th to December 9th, 2018
International Gas Cooperation Summit 
Durban, December 11th to December 12th, 2018
Black Industrialists Energy Summit 
Cape Town, December 11th to December 12th, 2018
South Africa Renewable Energy Summit 
Cape Town, December 11th to December 12th, 2018
And finally...
We hope you found the digest to be a useful summary of the major happenings in Africa's private capital markets last week.  We'd love it if you shared it with colleagues and business partners. They can subscribe to Africa Capital Digest and receive a special introductory offer to the service if they take a moment  to   sign up here today.

Best wishes for a productive week - if you have any tips, suggestions, questions or comments, please get in touch.

All the best,
- Allan
Allan Cunningham
Editor & Publisher
AfCD | Africa Capital Digest

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