September 14th, 2020
The weekly roundup of Africa's Private Capital news

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Here's your preview of the week's deal activity in Africa's private equity and venture capital markets. We're running a special offer for the next few weeks - take advantage of it to get access to our archive of deal and fundraising content.

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We thank you for being part of the Africa Capital Digest community and encourage you to contact us with any suggestions on topics and coverage which might be more useful to everyone by emailing me at Allan Cunningham today.

Best wishes to everyone for a healthy, productive week.
This week's issue supported by...            
AEF 2020 - New
Private Equity & Debt Deals...
Private Equity
Transaction takes WeBuyCars stake in 9-figure deal
Transaction Capital has agreed to acquire a significant stake in WeBuyCars, a privately-held used-vehicle trading business in South Africa, paying...

Transaction Capital acquires significant WeBuyCars stake in 9-figure deal
Image Credit: WeBuyCars
Private Equity
BIMA raises fresh capital from Allianz X, LeapFrog, CEFIF
With the COVID-19 pandemic doubling demand levels for insurance and digital health services, BIMA has raised...
Private Equity
Ascoma's African business sold to Chedid Capital
The Monaco-based Husson family has sold its 70-year old African insurance brokerage business to Beirut-headquartered Chedid Capital. The deal, which will...
Trade Finance
CDC adds another $50mln to trade finance facility
Having committed an additional $75 million to its existing trade finance facility with Absa Bank in late July, CDC is back again. The time...
Perspectives...
This week's issue supported by...            
Chain AMS Gas Turbine offer to appeal to Africa's power investors and IPPs
A Siemens Turbine being sold by Chain Asset Management Solutions heralds a new, reliable source of capital equipment for investors, corporations and governments both north and south of the Sahara.

Review the asset here or email Kevin Callahan today to find out more
Venture Capital Deals...
Venture Capital
Helios leads significant Series B for Thunes
Helios Investment Partners has led group of new and existing investors backing a Series B round for Thunes. Between them,...
Venture Capital
Point Nine leads seed round for renewable energy startup
Point Nine Capital, a Berlin-based venture capital firm, has led a trio of investors investing seed capital in AMMP Technologies...
Venture Capital
Freshbag secures investment from GreenTec Capital
Freshbag, a startup that buys produce from Cameroon's farmers which are then distributed to thousands of the country's street vendors, has secured...
Companies, People & Profiles...
People
Zakel tapped as DFC's first Inspector General
FThe terms of the legislation setting up the U.S. government's new development finance institution included the establishment of an independent Inspector General...
Current Job Postings...
Job of the week...            
Principal/Director, Private Credit at BluePeak Private Capital
 
// bluepeakpc.com
Based in Nairobi, Kenya
Manager, Funds & Capital Partnerships, Impact Group at CDC // cdcgroup.com
Based in London, United Kingdom
Manager, Infrastructure Investments, Impact Group at CDC // cdcgroup.com
Based in London, United Kingdom
Investment Officer, Infrastructure at IFC // ifc.org
Based in Lagos, Nigeria
Impact Investment Manager, Africa at Partners Group // partnersgroup.com
Based in London, United Kingdom
Investment Executive, Debt, Financial Institutions at CDC // cdcgroup.com
Based in London, United Kingdom
Senior Associate at CrossBoundary // crossboundary.com
Based in Dakar, Senegal
Associate at CrossBoundary // crossboundary.com
Based in Tunis, Tunisia
Investment Analyst, Property Sector at Sanlam // sanlam.co.za
Based in Cape Town, South Africa
Upcoming Conferences...
Highlighted Event...            
SuperReturn Growth Markets Virtual 
Online, November 30th to December 3rd, 2020
21st Africa Energy Forum 
Virtual Event, October 20th to November 13th, 2020
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 full access 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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