Latest Africa News | Africa News | Africa Funding | Africa Fund - vccircle
Advertisement

Africa

Premium
MENA Digest: Prypco leads funding this week; Pargo, invygo, Mala also raise capital

Infrastructure

25 October, 2024

MENA Digest: Prypco leads funding this week; Pargo, invygo, Mala also raise capital

The Middle East and North Africa region saw key funding announcements this week, led by UAE-based proptech startup Prypco, which ......

Premium
RMB Ventures, Capitalworks to monetise 11-year-old consortium deal

Infrastructure

24 October, 2024

RMB Ventures, Capitalworks to monetise 11-year-old consortium deal

RMB Ventures, the private equity arm of Africa’s largest financial services group FirstRand Bank, is likely to exit its over-a-decade-old ......

Premium
Africa-focused PE Helios set to acquire Egyptian food company

Consumer

23 October, 2024

Africa-focused PE Helios set to acquire Egyptian food company

Helios Investment Partners, one of the largest private equity firm active in Africa with assets worth over $3 billion, is set ......

Premium
Moroccan conglomerate H&S Invest-owned BLS acquires transport firm

Infrastructure

23 October, 2024

Moroccan conglomerate H&S Invest-owned BLS acquires transport firm

Building Logistics Services (BLS), the logistics services arm of Moroccan family-owned conglomerate H&S Invest Holding, has fully acquired a prominent ......

Premium
French PE Amethis part-finances portfolio firm's acquisition in Morocco

Infrastructure

22 October, 2024

French PE Amethis part-finances portfolio firm's acquisition in Morocco

Amethis, a French private equity firm that backs mid-sized businesses in Africa and Europe, has part-financed the acquisition of a ......

Premium
Adenia Partners' Schow on focus over sector, country diversification for fifth Africa fund and more

Finance

17 October, 2024

Adenia Partners' Schow on focus over sector, country diversification for fifth Africa fund and more

Mauritius-based private equity firm Adenia Partners, which traditionally makes control-styled bets on mid-market businesses in Africa, is now doubling down ......

Saudi firm Manara in talks to buy stake in First Quantum's Zambian mines

Manufacturing

16 October, 2024

Saudi firm Manara in talks to buy stake in First Quantum's Zambian mines

Saudi Arabia's Manara Minerals is closing in on a deal to buy a minority stake in Canadian miner First Quantum ......

Premium
Acumen gets LP cheque for Africa-focussed renewable energy fund

Finance

11 October, 2024

Acumen gets LP cheque for Africa-focussed renewable energy fund

US-based impact investor Acumen, which backs social enterprises serving low-income individuals in developing and underserved areas of Sub-Saharan Africa and ......

Premium
Adenia set to tap largest North African market to deploy from Fund V

People

08 October, 2024

Adenia set to tap largest North African market to deploy from Fund V

Adenia Partners, a Mauritius-based private equity firm that focuses on mid-sized businesses across Africa and manages over $950 million in ......

Premium
Africa-focused Dutch PE firm XSML Capital taps another LP for fourth fund

Finance

04 October, 2024

Africa-focused Dutch PE firm XSML Capital taps another LP for fourth fund

XSML Capital, an Africa-focused Dutch private equity firm that manages assets worth over $150 million and marked the first close ......