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 think you'd get a lot more value from accessing the full stories behind these headlines. Take a look...
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Private Debt
AXIAN Energy projects win backing from EAAIF, FMO, and DEG // africacapitaldigest.com
AXIAN Energy has won the backing of three development finance investors for two solar projects being developed in Southern Senegal. The Emerging Africa & Asia Infrastructure Fund, FMO, and DEG are providing...
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EAAIF, FMO, and DEG provide debt financing for AXIAN Energy's Kolda solar farm
Image Credit: Pixabay
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Private Equity
Sanari buys significant minority stake in Energenic Holdings // africacapitaldigest.com
Sanari Capital's 3S Growth fund has added a fourth asset to its portfolio, buying a significant minority stake in Energenic Holdings, a group of companies offering a range of energy generation products and...
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Private Equity
Incofin backs manufacturer of Purifaaya water filters // africacapitaldigest.com
Incofin has made an investment in Spouts International, the manufacturer and distributor of Purifaaya-branded water filters in East Africa. The Brussels-headquartered impact investor is investing...
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Private Equity
Mergence acquires control of Lesotho trout farmer // africacapitaldigest.com
Having acquired a 49% stake in SanLei from 1K Africa in early 2020, Mergence Investment Managers has acquired the rest of the business to take control of the trout farming company. The investment is...
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Private Debt
IFC mulls investment in DPI-backed discount retailer // africacapitaldigest.com
The International Finance Corporation is considering a potential debt investment in a North African discount retail business, where Development Partners International's ADP III fund holds a...
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Funds & Fundraising news... | |
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Private Equity
IFC signs off on commitment to Acumen's H2R fund // africacapitaldigest.com
The International Finance Corporation has agreed to invest in Acumen's Hardest to Reach Fund (H2R). The development finance institution has approved a commitment of...
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Private Equity
WaterEquity's $100mln fund on the hunt for deals // africacapitaldigest.com
WaterEquity is on the hunt for deals for the Water & Climate Resilience Fund which closed with over $100 million in September this year. The asset manager announced last week that it has opened...
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Private Debt
Africa Go Green Fund lands another LP // africacapitaldigest.com
The Africa Go Green Fund (AGGF), a KfW-sponsored green debt fund backed by several development finance institutions, has won a commitment from British International Investment (BII). The British DFI...
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Companies
Access Bank acquires majority stake in AfrAsia Bank // africacapitaldigest.com
AfrAsia Bank, Mauritius's fourth-largest bank has a new majority shareholder. The Access Bank UK, a unit of Nigeria-headquartered Access Holdings, has struck a deal to acquire control of the...
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People
Futuregrowth taps Harris as new CEO // africacapitaldigest.com
South Africa-based Futuregrowth Asset Management has tapped Shaun Harris to be the firm's new Chief Executive. He joins the company from Rand Merchant Bank (RMB) where he...
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Highlighted Job of the Week | |
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New this week...
Investment Director, Impact Ventures at IFU // ifu.dk
Based in Nairobi, Kenya
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New this week...
Pension Funds & Alternative Investments Africa 2025 // ametrade.org
Balaclava, Mauritius, April 8th to April 9th, 2025
Read more...
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