The Weekly Roundup of Africa's Private Capital News
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Greetings!
Here's your weekly preview of Africa Capital Digest's headlines.
Below are the headlines from last week's coverage of Africa's private equity, venture capital, private credit, and infrastructure investment markets. The full stories behind them are available to subscribers.
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Private Equity
Old Mutual Private Equity Sells MoreCorp to RMB Ventures // africacapitaldigest.com
OMPE exits the stake in the golf and cycling group it bought for some R300 million in 2015, since when turnover has tripled. MoreCrop's management team is reinvesting in the business alongside its new...
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Old Mutual Private Equity has sold its holding in golf and cycling group MoreCorp in a secondary deal
Image Credit: Pixabay
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Private Equity
InfraCo Leads Equity Portion of East Africa Foods' Capital Raise // africacapitaldigest.com
PIDG's InfraCo has led a US$26 million Series B in East Africa Foods, alongside Oikocredit and FMO, as part of a roughly US$40 million raise to expand the Tanzanian agri-logistics group's operations into...
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Private Equity
Proparco adds US$20 million to Frogfoot, Vox and Hypa recapitalisation // africacapitaldigest.com
The French DFI's commitment, disclosed last week, adds to the R14.4 billion transaction for the South African fibre and connectivity group announced in late August, joining the DFIs and banks in a...
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Private Equity
Bellair Road and Janic Capital lead buyout of LekkeSlaap owner Tripco // africacapitaldigest.com
A consortium of investors co-led by Bellair Road Investment Partners and Janic Capital has acquired Tripco, owner of South African accommodation booking platform LekkeSlaap, from its co-founders and...
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Private Equity
AfricInvest's FIVE Funds Founder Buyout of Morocco's VPS // africacapitaldigest.com
AfricInvest's Financial Inclusion Vehicle has invested in Vantage Payment Systems (VPS) founder Ali Bettahi's personal holding company, Equity Invest, allowing the buyout of VPS's other shareholders and...
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Private Equity
Saviu Ventures Selects Soram Afrique for First Climate Tech Deal // africacapitaldigest.com
Saviu Ventures has made its first climate tech investment, backing Senegalese printing equipment refurbisher SORAM Afrique alongside management....
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Venture Capital
NeoFleet Raises Pre-seed Round to Finance Taxi Fleets // africacapitaldigest.com
NeoFleet Capital, which finances professional taxi fleets in Senegal, Côte d'Ivoire, and Peru, has raised pre-seed funding from investors, including former inDrive president and CFO Mark Loughran, who....
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Infrastructure
Gridworks to Take Control Stake in DRC–Zambia Interconnector // africacapitaldigest.com
BII-owned Gridworks will take a majority stake EnPower’s 200km Kalumbila–Kolwezi power interconnector project, as part of an agreement with FIS-RDC and Trafigura to jointly finance, build, and...
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| | Funds & Fundraising News... | | |
Private Equity
Infinite Partners Closes Core Equity Fund II Above Target // africacapitaldigest.com
The Johannesburg-based investment firm's first private equity fund as an independent fund manager attracts an entirely South African LP base and comes in some US$20 million above final goal...
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Infrastructure
Nigeria's PenCom Coordinates Local Commitments for Infra Deals // africacapitaldigest.com
Nigeria's pension industry has committed US$200 million to an infrastructure programme developed with FSD Africa, with US$50 million being sought from DFIs. A fund manager has yet to be appointed, with...
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Private Credit
Janus Henderson's MENA Private Credit Fund Hits Second Close // africacapitaldigest.com
Commitments from Saudi and Emirati institutions and family offices help Fund IV reach nearly two-thirds of its US$300 million target, leaving the Shariah-compliant direct lending vehicle...
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Private Credit
FinDev Adds Credit-insured Loan to Lendable's Second Fintech Fund // africacapitaldigest.com
Making its second commitment to Lendable's MSME Fintech Credit Fund II, FinDev Canada is investing as much as an additional US$40 million in AXA XL-insured senior debt into the financing vehicle, which...
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Private Equity
Lighthouse Capital Launches US$50M Fund for Mid-market Deals // africacapitaldigest.com
The private equity firm, founded last year, is targeting a first close before the end of 2026. The generalist fund has already built a deal pipeline of profitable, growing mid-market businesses in Kenya and South...
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| | Highlighted Job of the Week | | |
New this week...
Principal, TMT & Digital Infrastructure Finance at Nedbank // nedbank.co.za
Based in Johannesburg, South Africa
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New this week...
Senior Associate, TMT & Digital Infrastructure Finance at Nedbank // nedbank.co.za
Based in Johannesburg, South Africa
Read more...
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New this week...
Associate Investment Director, Project Development Fund at Africa50 // africa50.com
Based in Casablanca, Morocco
Read more...
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New this week...
Investment Associate, Distributed Renewable Energy (DRE) at Africa50 // africa50.com
Based in Casablanca, Morocco
Read more...
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New this week...
Investment Associate, Infrastructure Acceleration Fund at Africa50 // africa50.com
Based in Casablanca, Morocco
Read more...
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Taking Place this Week!
AFSIC - Investing in Africa 2026 // afsic.net
London, United Kingdom, October 13th to October 14th, 2026
Read more...
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Taking Place this Week!
AVCA Sustainable Investing in Africa Summit 2026 // avca.africa
London, United Kingdom, October 15th, 2026
Read more...
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