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June 1st, 2026

The Weekly Roundup of Africa's Private Capital News
 

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This Week's Issue Supported by...

Greetings!


Here's your weekly preview of Africa Capital Digest's coverage of the deals, fundraising, and other key happenings in Africa's private equity, venture capital, and infrastructure investment markets over the past week. There were some interesting deals last week, and we know you'd get a lot of value from having access to the full stories behind these headlines.


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Once again, many thanks for being part of Africa Capital Digest's community. We hope you take us up on this great offer today. Feel free to contact us with details of your deals or suggestions on new topics or ways to improve our coverage. Please email our Publisher, Allan Cunningham, at any point.


Our best wishes to you and your colleagues for the coming week.

Deal News...

Private Debt

BII Provides Financing to Support Anzana's Small Hydro Rollout Plans // africacapitaldigest.com

The senior secured portfolio debt facility allows Nairobi-based Anzana Electric to finance the construction of small- and medium-scale run-of-river hydropower projects across East, Central, and Southern Africa...

Read more...

BII is Investing Debt in Anzana Electric to Support Small and Medium Hydro Projects

Image Credit: BII

Private Debt

ALCB Fund Anchors Kenya's First Domestic Sustainability Bond // africacapitaldigest.com

The Cygnum Capital-managed African Local Currency Bond Fund is anchoring Kenya Mortgage Refinance Company's sustainability bond, supporting the refinance of green and affordable housing...

Read more...

Private Debt

Sabou Capital Backs Nigeria's Tomato Jos with Impact-Linked Debt // africacapitaldigest.com

Abuja-based Sabou Capital has provided a naira-denominated, impact-linked debt facility to tomato paste manufacturer Tomato Jos to expand its processing capacity and smallholder farmer network...

Read more...

Funds & Fundraising News...

Private Capital

Fund Launched Targeting Export Manufacturers and Labor Mobility Firms // africacapitaldigest.com

Wasoko founder Daniel Yu has launched the Africa Jobs Fund to back businesses entering new export markets or building firms connecting African workers with employers in high-income countries...

Read more...

Private Debt

AHL Ventures Holds First Close for its First Africa-focused Credit Fund // africacapitaldigest.com

Nairobi-based AHL Venture Partners has held the first close for the AHL Africa Credit Fund I, a private credit vehicle targeting senior secured, mezzanine, and bridge loan investment opportunities...

Read more...

Private Debt

Anchor LP's Exit Reveals Realised Returns from TLG's Debut Fund // africacapitaldigest.com

TLG Capital founder Zain Latif has disclosed the returns earned by an anchor LP in Africa Growth Impact Fund I, a rare disclosure from an Africa-focused private credit fund...

Read more...

Policy & Regulation...

Finance & Taxation

Kenya Finance Bill Proposes Capital Gains Tax on Offshore Exits // africacapitaldigest.com

If passed, from July 1st, a 15% capital gains tax on offshore transfers of shares in Kenyan companies by non-resident investors would come into effect...

Read more...

Cpmpanies, People, & Projects...

People

BluePeak Private Capital Promotes Three to Partner // africacapitaldigest.com

The three promotions strengthen the Africa-focused private credit investment specialist's leadership team as its second fund progresses toward final close...

Read more...

People

Hassan and Khashaba Join Managing Partner Ranks at Algebra // africacapitaldigest.com

Algebra Ventures has promoted Laila Hassan and Omar Khashaba to Managing Partner, expanding the Egyptian venture capital firm's senior leadership to a four-partner team...

Read more...

People

DFC Appoints Kelly to Lead Business Development and Capital Markets // africacapitaldigest.com

The U.S. International Development Finance Corporation has appointed Jim Kelly, a 30-year corporate and investment banking veteran, as Head of Global Business Development and Capital Markets...

Read more...

People

Former AfDB President Adesina to Chair Botswana's Diamond Fund // africacapitaldigest.com

Dr. Akinwunmi Adesina, the former President of the African Development Bank, has been appointed Chairperson of the Diamonds for Development Fund, the vehicle established to channel diamond...

Read more...

Job Openings...

Highlighted Jobs of the Week

Investment Officer, Africa & Middle East at Triple Jump // triplejump.eu

Based in Nairobi, Kenya

Read more...

New this week...

Investment Manager at AgDevCo Ventures // agdevco.com

Based in Nairobi, Kenya

Read more...

Associate Director, Private Equity (SSA Lead) at EBRD // ebrd.com

Based in Nairobi, Kenya

Read more...

Associate Director, Private Equity (Southern & Eastern Med) at EBRD // ebrd.com

Based in Cairo, Egypt

Read more...

Senior Investment Officer, Climate Finance, SSA at responsAbility // responsability.com

Based in Cape Town, South Africa

Read more...

Investment Analyst, Climate Finance at responsAbility // responsability.com

Based in Cape Town, South Africa

Read more...

Senior Investment Officer, Financial Inclusion Debt at responsAbility // responsability.com

Based in Cape Town, South Africa

Read more...

Investment Officer, Financial Inclusion Debt at responsAbility // responsability.com

Based in Cape Town, South Africa

Read more...

Investment Associate, Financial Inclusion Debt at responsAbility // responsability.com

Based in Cape Town, South Africa

Read more...

Transaction Officer at responsAbility // responsability.com

Based in Cape Town, South Africa

Read more...

Junior Transaction Officer at responsAbility // responsability.com

Based in Cape Town, South Africa

Read more...

Upcoming Events...

Highlighted Event

AfricArena Dakar Summit 2026 // africarena.com

Dajar, Senegal, June 9th to June 10th, 2026

Read more...

DRC Investment Forum // drcinvest.com

Kinshasa, Democratic Republic of Congo, August 26th to August 28th, 2026

Read more...

AFSIC - Investing in Africa 2026 // afsic.net

London, United Kingdom, October 13th to October 14th, 2026

Read more...

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