All posts in Sub Sahara

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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.

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dollar

Nigeria to launch $15m Tech fund

The government of Nigeria is reportedly working on plans to raise a $15 million technology fund. The fund is understood to

Tsitsiragos_Dimitris_IFC2

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

Osindero_Yemi_Standard Chartered2

Stanchart PE & Ashmore back Verod’s GZI

Standard Chartered Private Equity (SCPE) has partnered with Ashmore Investment Management to invest in Nigeria-based aluminium cans manufacturing company GZ Industries (GZI). The financial

Eklo_Noel Yawo_Cauris

Cauris injects $8.3m into AFG

Cauris  has committed to invest approximately $8.3 million (4.1 billion FCFA ) in Atlantic Financial Group (AFG), a financial services holding company based in Côte d’Ivoire. The funding will be

Enelamah_Okechukwu _ACA

ACA in $335m MTN exit

African Capital Alliance (ACA) has sold its minority stake in telecommunications company MTN Nigeria to Shanduka Group in a deal valued at $335 million. ACA sells its stake after

Telecoms Tower

Wendel values ECP’s IHS at 14x Ebitda

Wendel has invested $125million into Nigeria-based telecommunications infrastructure services provider IHS Holding, an Emerging Capital Partners (ECP) portfolio company.
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Wendel is paying approximately 14x current

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Aureos in $1.7m Clinique Biasa deal

Aureos Capital has invested $1.7million worth of growth capital into Togo-based private medical services provider, Clinique Biasa. The funding will help Clinique Biasa complete its $5million growth and upgrade

Agriculture

SC’s Afrifresh seeks Ariston from EmVest

Standard Chartered Private Equity's  agriculture portfolio company ,  The Afrifresh Group ,  has reportedly made an offer to buy 40% of  Zimbabwe-based agri-holding company Ariston Group, from EmVest. Afrifresh

Posthuma_Marcel _XSML_small

XSML backs Congo’s F&F

Netherlands-based private equity funder XSML has invested an undisclosed amount in Congo-based call centre First & Future (F&F). XSML has backed the company through its small and medium sized enterprise (SME)