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October 12th, 2026

The Weekly Roundup of Africa's Private Capital News
 

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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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Thank you for being part of the Africa Capital Digest community. Have a deal to share, or a topic you'd like us to cover? Email our Publisher, Allan Cunningham, anytime.


Our best wishes for the week ahead.


Deal News...

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

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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This Week's Issue Supported by...

Projects & Portfolio Companies...

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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Job Openings...

Highlighted Job of the Week

MD, Impact Ventures & Business Instruments at Impact Fund Denmark // impactfund.dk

Based in Copenhagen, Denmark

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Vice President, Private Credit EMEA at Blue Earth Capital // blueearth.capital

Based in London, UK or Madrid, Spain

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Vice President, Fundraising & Investor Relations at Blue Earth Capital // blueearth.capital

Based in Zug, Switzerland

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Senior Associate at CrossBoundary Advisory // crossboundary.com

Based in Conakry, Guinea

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New this week...

Principal, TMT & Digital Infrastructure Finance at Nedbank // nedbank.co.za

Based in Johannesburg, South Africa

Read more...

New this week...

Senior Associate, TMT & Digital Infrastructure Finance at Nedbank // nedbank.co.za

Based in Johannesburg, South Africa

Read more...

New this week...

Associate Investment Director, Project Development Fund at Africa50 // africa50.com

Based in Casablanca, Morocco

Read more...

New this week...

Investment Associate, Distributed Renewable Energy (DRE) at Africa50 // africa50.com

Based in Casablanca, Morocco

Read more...

New this week...

Investment Associate, Infrastructure Acceleration Fund at Africa50 // africa50.com

Based in Casablanca, Morocco

Read more...

Upcoming Events...

Highlighted Event

New this week...

2026 U.S.-Africa Business Summit // corporatecouncilonafrica.com

Port Louis, Mauritius, December 6th to December 9th, 2026

Read more...

Taking Place this Week!

AFSIC - Investing in Africa 2026 // afsic.net

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

Read more...

Taking Place this Week!

AVCA Sustainable Investing in Africa Summit 2026 // avca.africa

London, United Kingdom, October 15th, 2026

Read more...

The Africa Debate - UAE // investafrica.com

Dubai, United Arab Emirates, October 26th, 2026

Read more...

AfricArena 2026 Scale Summit // africarena.com

Hermanus, Western Cape, South Africa, November 30th, 2026

Read more...

AfricArena 2026 Rise Summit // africarena.com

Cape Town, South Africa, December 2nd, 2026

Read more...

Africa Capital Digest Readers Save 10%!

SuperReturn Africa 2026 // informaconnect.com

Cape Town, South Africa, December 1st to December 3rd, 2026

Read more...

2027

Africa Tech Summit Nairobi 2027 // africatechsummit.com

Nairobi, Kenya, February 10th to February 11th, 2027

Read more...

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