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September 23rd, 2024

The Weekly Roundup of Africa's Private Capital News

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Here's your preview edition to this week's Africa Capital Digest. We reported on some interesting deals last week and we think you'd get a lot of value from having access to the full stories behind these headlines. Take a look.


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Deals...

Private Equity

Metier backs telecoms cable recovery and recycling firm // africacapitaldigest.com

Metier has made the seventh investment for its second sustainable capital fund, backing Mertech Marine, a submarine telecommunications cable recovery and recycling business with a mix of...

Read more...

Metier backs submarine cable recovery and recycling business for Sustainable Capital II's seventh deal

Image Credit: Pixabay

Private Equity

Goodwell chooses financial services firm for debut deal in Uganda // africacapitaldigest.com

Goodwell Investments has made its first investment in a Ugandan business, backing the Agent Banking Company of Uganda via uMunthu II, a €150 million impact fund investing venture capital across...

Read more...

Private Debt

BluePeak backs agro-commodity processor and exporter with debt // africacapitaldigest.com

BluePeak Private Capital is investing debt in a pan-African processor and exporter of agro-commodities, particularly cashew nuts and sesame seeds, to support the firm's plans to expand its processing...

Read more...

Private Debt

Norfund invests to support poultry producer's expansion plans // africacapitaldigest.com

Norfund has invested in a well-established, family-owned business to support the expansion of its production of chicken and chicken feed in Kenya, Tanzania, Botswana, and Mozambique...

Read more...

Funds & Fundraising news...

Private Capital

Prime Group sets up ambitious Africa-focused natural resources fund // africacapitaldigest.com

Investment firm Prime Group has announced ambitious plans for a new natural resources fund geared towards deals in Africa's oil exploration, mining, and agriculture sectors. The firm aims to raise a...

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Private Debt

SME investor unveils early-stage debt fund // africacapitaldigest.com

Munich-headquartered Uncap, an investor in small and medium-sized African businesses, has launched Unconventional Capital, an early-stage debt fund. The fund, which has already won the backing of...

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Companies, People & Projects...

Companies

Gateway Partners sells minority stake to Japanese asset manager // africacapitaldigest.com

Dubai-headquartered Gateway Partners has new minority shareholders following a strategic investment in the emerging markets private capital investment firm by...

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Companies

Sultan Ventures buys Egyptian incubator and angel syndicate // africacapitaldigest.com

Hawaii-based Sultan Ventures has acquired Acasia Group, the former Cairo Angels, to expand the American venture firm's footprint in the Middle East and Africa. The deal involves...

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Job Openings...
Highlighted Job of the Week

Managing Director, Africa at the Tony Blair Institute for Global Change // institute.global

Based in either Accra, Dakar, Johannesburg, or Nairobi

Read more...

New this week...

Head of Corporate Finance, Africa at Nedbank // nedbank.co.za

Based in Johannesburg, South Africa

Read more...

Senior Deal Originator at Development Bank of Southern Africa // dbsa.org

Based in Midrand, South Africa

Read more...e...

New this week...

Investment Professional at Edge Growth // edgegrowth.com

Based in Johannesburg, South Africa

Read more...

New this week...

Investment Associate at Edge Growth // edgegrowth.com

Based in Johannesburg, South Africa

Read more...

New this week...

Investment Analyst/Associate, Private Equity Direct Investments at Triple Jump // triplejump.eu

Based in Nairobi, Kenya

Read more...

Upcoming Conferences...
Highlighted Event

SuperReturn Africa 2024 // informaconnect.com

Cape Town, South Africa, December 3rd to December 5th, 2024

Read more...

AFSIC - Investing in Africa 2024 // afsic.net

London, UK, October 7th to October 9th, 2024

Read more...

AVCA Sustainable Investing in Africa Summit 2024 // avca-africa.org

London, October 10th, 2024

Read more...

Sustainability Week Africa // economist.com

Cape Town, South Africa, October 24th to October 25th, 2024

Read more...

Uganda International Oil & Gas Summit // gep-events.com

Kampala, Uganda, November 26th to September 2th, 2024

Read more...

SAVCA VC Conference 2024 // savca.co.za

Stellenbosch, South Africa, October 17th, 2024

Read more...

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