November 19th, 2018
The  weekly roundup of Africa's Private Capital news

  

Welcome to the latest preview 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. As a reminder, if any of your colleagues or business partners would like to join you and have access to all that an Africa Capital Digest membership offers, they can join easily by clicking here or emailing me at  acunningham@africacapitaldigest.com.
This week's issue supported by...             
RMB Ventures_Nov 2018
Deal News...
Private Equity
Ethos and Apex make offer to acquire Torre
Ethos and Apex Partners announced their intention last week to acquire JSE-listed Torre Industries in a take private deal...

Businesses serving Africa's consumers are among the targets for Emerging Capital Partners' latest fund, which held Africa's largest final close of the past two years last week
Private Equity
Goldman Sachs lead deal for online education company
Goldman Sachs has led a group of investors backing a Series B round for UNICAF, Africa's largest online higher education company...
Private Equity
TLcom co-leads investment in Twiga Foods
Pan-African venture fund manager TLcom Capital is co-leading an investment in Twiga Foods, a mobile-based supply platform for retail outlets, kiosks and market stalls...
Private Equity
Actis makes first deal for hospitality JV platform
Leading emerging markets investor Actis is teaming up with Westmont Hospitality to acquire the Four Points Sheraton on Victoria Island in Lagos...
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Private Equity
Oikocredit backs Burkinabe cashew processor
Oikocredit is making an investment in Anatrans, a cashew processor located in Bobo Dioulasso, Burkina Faso...
Private Debt
EAIF participates in Cameroon hydro financing
The Emerging Africa Infrastructure Fund is participating in a debt financing deal for the Nachtigal Hydro Power Company in Cameroon...
This week's issue supported by...             
Funds & Fundraising News...
Private Equity
ECP holds final close for fourth Africa fund
Emerging Capital Partners announced last week that it is has held a final close for its fourth pan-African fund...
Private Equity
AfDB commits capital to AIIM's third fund
The African Development Bank is committing capital to the Africa Infrastructure Investment Manager's third fund...
Private Equity
Partech lands investment from AfDB for Africa fund
Last week, the African Development Bank announced that its Board of Directors had approved an investment to Partech's Africa Fund...
Projects & Portfolio Companies...
Private Equity
Gulf Capital's MEG sells 74% Medco Plast stake
One of Gulf Capital's portfolio companies, Middle East Glass, has sold a 74% stake in one of its subsidiaries to Indorama Ventures. ..
Sectors & Strategies...
This week's issue supported by...             
Partner Content - Hybrid Capital
Hybrid Capital to support next phase of inclusive growth
Ed Higenbottam and Raj Domun of Verdant Capital explore how hybrid capital can be leveraged by investors in Africa and put to work to support inclusive financial institutions and their activities on the continent...
Perspectives
Africa's overlooked business revolution
In McKinsey's experience, Africa's scale and complexity means most business people underestimate the continent's size and potential as a market and overestimate the challenges of doing business there...
Current Job Postings...
Jobs of the week...             
Investment Associate at AIIM  // oldmutual.co.za
Based in Cape Town, South Africa
Senior Consultant, ESG and Systainability Management at ERM  // erm.com
Based in Cape Town, South Africa
New this week...
Principal, Private Equity at Nedbank  // nedbank.co.za
Based in Johannesburg, South Africa
New this week...
Equity Investment Manager, Construction & Real Estate at CDC  // cdcgroup.com
Based in London, United Kingdom
New this week...
Investment Manager, Portfolio & Risk Management at CDC  // cdcgroup.com
Based in London, United Kingdom
New this week...
Investment Executive, Consumer Businesses at CDC  // cdcgroup.com
Based in London, United Kingdom
Executive, Environmental & Social Responsibility at CDC  // cdcgroup.com
Based in London, United Kingdom
Upcoming Conferences...
Highlighted Event...             
International Gas Cooperation Summit 
Durban, December 11th to December 12th, 2018
African Agri Investment and Trade Indaba 
Cape Town, November 27th to November 28th, 2018
Russia-Africa Trade & Investment Summit 
Dubai, November 28th to November 29th, 2018
Africa 2018 | Business for Africa and the World 
Sharm El-Sheikh, December 8th to December 9th, 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
2019 Events...
25th African Mining Indaba 
Cape Town, South Africa, February 4th to February 7th, 2019
New this week...
SAVCA 2019 Conference 
Stellenbosch, South Africa, February 27th to March 1st, 2019
Pension Focus Africa Investment Summit  // f-evolutions.co.uk
Nairobi, Kenya, March 14th to March 15th, 2019
AFSIC 2019, Investing in Africa 
London, United Kingdom, May 8th to May 10th, 2019
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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