All posts in Expansion

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XSML backs Starz-kin

XSML has invested an undisclosed amount into Starz-kin, a consumer goods retailer based in the Democratic Republic of Congo.

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ECP’s Oragroup gets $18m

Emerging Capital Partners (ECP) has led an $18milion financing round in its Togo-based financial services portfolio company Oragroup. Investors in this latest tranche include Belgian Investment Company for Developing

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Vantage in $30m Genser deal

Vantage Risk Capital has committed to invest up to $30 million (R280 million) worth of mezzanine capital to Genser Energy’s Ghana-based operations.

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XSML backs RJ Trading

XSML has invested an undisclosed amount in RJ Trading, a consumer retail company based in the Democratic Republic of Congo (DRC).

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Amethis seals $10.5m Chase deal

Amethis has delivered its first private equity transaction, investing $10.5million in Kenya-based financial services company Chase Bank. The investor has taken

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Phatisa buys Continental Beverage minority stake

Phatisa has signed a deal to acquire a minority stake in Continental Beverage Company (CBC), a consumer goods industrial company based in Côte d’Ivoire.

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AFIG backs Elton & Senbus

Advanced Finance and Investment Group (AFIG) has committed $34 million to two Senegal-based companies, Elton Oil Company, a downstream oil

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LeapFrog invests $4m in BIMA

LeapFrog Investments has invested $4.25 million into mobile insurance company BIMA, as part of a $7 million equity injection.

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IFC in $48m Amen Bank deal

The International Finance Corporation (IFC) and the IFC Asset Management Company (IFC AMC) have participated in a $48 million investment into Tunisia’s Amen

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Abraaj backs Vine Pharmaceuticals

Abraaj Group has invested in Vine Pharmaceuticals, a Uganda-based health care products retailer. The financial details have not been disclosed.