AfricInvest, through its Cathay AfricInvest Innovation Fund (CAIF), has led a R200m funding round for Nile.ag, an agricultural technology platform, with a co-investment from FMO, the Dutch ...

Actis and Westmont Hospitality Group have acquired Sheraton Casablanca, the largest internationally branded hotel in Casablanca, Morocco. Funke Okubadejo, Director at Actis, based in Lagos, said: “The ...

InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), has signed a Shareholders’ Agreement with Globology, committing $3.8m through its dedicated investment arm, to support the ...

African private capital activity showed notable resilience in 2024, marked by increased participation from African LPs, continued reliance on proven sectors like Consumer Staples and Financials, and ...

The Emerging Africa & Asia Infrastructure Fund (EAAIF), a Private Infrastructure Development Group (PIDG) company managed by Ninety One, has announced a $45m funding contribution to CrossBoundary ...

Apex Group, a global financial services provider, has acquired Boutique Collective Investments (BCI) and Boutique Investment Partners (BIP) in South Africa. Apex Group, a global financial services ...

The International Finance Corporation (IFC) has offered a $35m financing package to Jubaili Agrotec, a Nigeria-based agrochemicals manufacturer and distributor, to increase smallholder farmers’ access ...

Metier, through its Sustainable Capital International Fund II (SCII), has invested significant growth and replacement capital in Mertech Marine, the world leader in the recovery and recycling of out ...

Development Partners International (DPI), through funds it advises, and co-investors, have signed a binding agreement for a $190m minority stake investment in Alameda Healthcare, Egypt’s private ...

Pepea, an impact investment fund from Oxfam Novib managed by Goodwell Investments, has made its first investment into Gaea Foods, a potato-processing company targeting the B2B market, based in Nairobi ...

Mergence Renewable Energy Debt Fund II Trust, managed by Mergence Investment Managers, and Specialised Listed Infrastructure Equity En Commandite Partnership (SLIEP), managed by Creation Capital, have ...

Inspired Evolution’s Evolution III Fund, in partnership with Dutch Development Bank FMO and STOA Infra and Energy, has successfully closed the 75% acquisition of the Red Rocket Group. Inspired ...