January 29th, 2018
The  weekly roundup of Africa's Private Capital news

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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. Would you be interested in joining our 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:
 
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We look forward to hearing from you.
This week's issue supported by...             
PIA Africa 2018
Funds & Fundraising...
Infrastructure
IsDB's private sector arm launches $1bln Africa infra fund
The Islamic Development Bank's private sector arm, and IL&FS Investment Managers, an Indian private equity fund manager, are launching a $1 billion infrastructure fund for Africa.

The CEOs of ICD and IL&FS Investment Management launch $1 billion infrastructure fund for Africa
Image Credit: IL&FS Investment Management
Deals and Deal News...
Private Equity
Kuramo Capital seals Sterling Capital deal
Kuramo Capital has completed a deal to acquire a stake in Sterling Capital, a Kenyan Investment Bank.
Private Equity
PIC invests equity in ZAR X
Africa's largest asset manager, the Public Investment Corporation, is making an equity investment in ZAR X, one of South Africa's newest stock exchanges.
Infrastructure
InfraCo Africa doubles Corbetti Geothermal commitment
InfraCo Africa is doubling the amount of capital its committing to its equity investment in the Corbetti Geothermal project in Ethiopia.
Infrastructure
EAIF in Mozambique Power debt club deal
The Emerging Africa Infrastructure Fund has teamed up with a syndicate of development finance institutions in a debt refinancing deal for one of Mozambique's newest power stations.
This week's issue supported by...             
AVCA 2018
Trends & Prespectives...
M&A
Sub-Saharan M&A trends down in 2017
An overview of M&A and capital markets data analyzed by Thomson Reuters shows M&A activity in sub-Saharan Africa hit a 6-year low in 2017.
Private Equity
Africa's private equity firms set fair for 2018
In a piece for AVCA, Old Mutual Alternative Investments CEO Paul Boynton gives his perspective on the prospects for private equity in Africa for 2018.
Private Equity
5 themes for African Private Equity in 2018
Writing in AFK Insider, Kurt Davis highlights the five themes he thinks will impact private equity in Africa during the coming year.
Venture Capital
Bridging Africa's technology company funding gap
CNBC Africa talks to Olawale Ayeni, the IFC's Africa lead for Venture Capital, on ways to bridge the funding gap for tech startups on the continent.
Venture Capital
Craze for ICOs benefit Africa's Tech Companies
Disrupt Africa's Tom Jackson looks at the results of some of Africa's recent initial coin offerings and gets insights from some technology company CEOs about the benefits.
Current Job Postings...
This week's featured job...             
Deputy CIO, Higher Risk Investment Portfolio at CDC  // cdcgroup.com
Based in London, United Kingdom
Director, M&A Africa at GEMS Education  // gemseducation.com
Based in Dubai, United Arab Emirates
VP, Investments at Sahel Capital  // sahelcp.com
Based in Lagos, Nigeria
Investment Director/Manager, Impact Fund, Intermediated Equity  // cdcgroup.com
Based in London, United Kingdom
Investment Manager, African Agrofinance at Incofin  // africacapitaldigest.com
Based in Nairobi, Kenya
Investment Associate at Sahel Capital  // sahelcp.com
Based in Lagos, Nigeria
Investment Analyst at IFC  // ifc.org
Based in Johannesburg, South Africa
Upcoming Conferences...
Highlighted Event...             
TMT Finance Africa 
Cape Town, March 15th, 2018
Investing in African Mining Indaba 
Cape Town, February 5th to February 8th, 2018 
SAVCA 2018 Annual Conference 
Stellenbosch, February 21st to February 22nd, 2018 
Bonds, Loans & Sukuk Africa 
Cape Town, March 13th to March 14th, 2018
2nd Annual Pension Funds and Alternative Investments Africa 
Balaclava, Mauritius, March 15th to March 16th, 2018
4th Africa Mini Grids Summit 
Nairobi, March 21st to March 22nd, 2018
15th Annual AVCA Conference 
Marrakech, April 22nd to April 26th, 2018
AFSIC 2018: Investing in Africa 
London, May 2nd to May 4th, 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 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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