The
weekly roundup of Africa's Private Capital news
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For colleagues interested in a trial to Africa Capital Digest, please click here
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Here's the latest weekly preview edition of the most interesting Africa-related private equity, infrastructure and venture capital deal stories, market opinion articles and information pieces.
Many thanks for being a reader. I'd encourage you to join our growing cohort of paid subscribers for 2018. Becoming a paid subscriber will give you immediate access to all the full stories in this week's edition as well as to those in all previous editions. The process is quick and simple and provides you with the flexibility of signing up for a year or on a month-by-month basis. You can choose from one of the following options below:
To find out more about a group subscription for you and your colleagues, please contact Allan Cunningham at
acunningham@africacapitaldigest.com
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This week's issue supported by...
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Private Equity
Denham Capital and Themis launch power platform
Energy-focused private equity firm Denham Capital and energy developer Themis are teaming up to establish a new Africa power investment platform company.
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Denham Capital launches $250mln Africa Power Investment Platform with Themis
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Private Equity
LeapFrog sells stake in secondary buyout deal
LeapFrog Investments has sold its stake in Petra Trust, Ghana's largest independent pensions trustee.
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Private Equity
Ethos backs South African-based Global ISP
Ethos Private Equity is making its sixth investment on behalf of Ethos Mid Market Fund I and backing a corporate internet service provider based in South Africa.
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Private Equity
AFIG Funds seals First Atlantic Bank deal
Advanced Finance and Investment Group, better known as AFIG Funds, has sealed its investment deal in First Atlantic Bank.
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Private Equity
Takura wins Mozambican vegetable producer auction
Zimbabwean private equity firm Takura Capital has bought Vanduzi, Mozambique's largest fresh vegetable producer following a competitive auction process.
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Private Equity
Goodwell invests in microfinance fintech
Goodwell, a Dutch impact investment firm, is backing a business that provides microfinance institutions with a cloud-based banking platform.
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Projects & Portfolio Companies...
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Private Equity
Helios Towers aims for April IPO
Helios Towers, which counts several private capital investors among its backers, is planning an IPO on both the London and Johannesburg Stock Exchanges in early April.
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Private Equity
Enko Education buys Dakar-based school
Enko Education, which counts I&P, Oiko Credit and Proparco among its investors, has agreed to acquire the West African College of the Atlantic in Dakar.
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This week's issue supported by...
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Complimentary ESG Survey Report
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New initiative maps sustainability (ESG) practices of African businesses
Responsible and impact investing is changing the game for PE investors in African deals. DFIs require it and the business case is emerging. However, the challenge remains to find companies that understand environmental, social and governance (ESG) issues and are committed to managing them.
KudosAfrica and Africa Capital Digest have teamed up to create a much-needed, common data resource on what African businesses are doing to address sustainability issues. The ImpactPulse Survey, launched in 2017, covers all of Africa with support from a growing number of strategic partners.
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Companies, People & Profiles...
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People
Coles and Ermias take senior roles at CDC
CDC Group announced the appointment of two senior executives last week. Chris Coles becomes the development finance institution's Chief Investment Officer whilst Tenbite Ermias takes on the role of Head of Africa.
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Companies
Ghana takes equity stake in Africa Finance Corporation
The Republic of Ghana has become a sovereign shareholder in Africa Finance Corporation, the multilateral development finance institution set up to catalyze private sector-led infrastructure investment on the continent.
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Companies
DOB Equity's Kenya office opens in Westlands
DOB Equity has officially opened its Kenyan office in Westlands, Nairobi. The Dutch family-backed impact investor has had a temporary office in the Kenyan capital since 2015.
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Companies
Weber Shandwick sets up shop in Nairobi
Global communications consultancy Weber Shandwick is opening an office in Nairobi in response to the growing demand for marketing and communications expertise in the East Africa.
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This week's featured job...
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Based in London, United Kingdom
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Based in London, United Kingdom
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Investment Executive, Africa Funds, Intermediated Equity at CDC
// cdcgroup.com
Based in London, United Kingdom
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Investment Officer, Africa Infrastructure at IFC
// ifc.org
Based in Johannesburg, South Africa
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Based in Casablanca, Johannesburg, Lagos and Nairobi
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Accra, May 30th to June 1st, 2018
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Bonds, Loans & Sukuk Africa
Cape Town, March 13th to March 14th, 2018
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Cape Town, March 15th, 2018
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2nd Annual Pension Funds and Alternative Investments Africa
Balaclava, Mauritius, March 15th to March 16th, 2018
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4th Africa Mini Grids Summit
Nairobi, March 21st to March 22nd, 2018
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15th Annual AVCA Conference
Marrakech, April 22nd to April 26th, 2018
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AFSIC 2018: Investing in Africa
London, May 2nd to May 4th, 2018
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20th Global Private Equity Conference
Washington, DC, May 14th to May 17th, 2018
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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 sign up for a free trial, for the moment,
here.
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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Africa Capital Digest is a product of Rowayton Press
Rowayton, CT 06853, USA
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Copyright © 2016 Rowayton Press, LLC. All Rights Reserved.
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