Sunday, October 24, 2021

Novastar in LP co-invest deal

Novastar Ventures’ has sealed a follow-on deal, backing its Kenya-based agriculture production portfolio company – in a co-investment deal with two of its LPs.

I&P seals three deals

Investisseurs & Partenaires (I&P) has delivered the first three investments from its sophomore small-cap fund, I&P African Entrepreneurs 2 (IPAE 2). I&P has backed technology-focused...

Kenya investor in tech deal

An early-stage investor based in Kenya has backed a local agriculture-focused technology company. The financial details have not been provided. Safaricom has invested into iProcure,...

AgDevco buys into Westfalia

AgDevco is working on plans to take up a 25% stake in early-stage agriculture producer Westfalia Fruto Mocambique. Westfalia Fruto Mocambique is the local subsidiary...

Family office in agri deal

DOB Equity, a single family office investor, has signed a deal to invest an undisclosed amount into Kentaste, an agriculture production company based in...

Remgro backs Dynamic Commodities

Investment holding company Remgro has acquired a 30% stake in South Africa-based consumer foods producer Dynamic Commodities. The financial details have not been disclosed. The...

US investor delivers 5th Africa deal

A US-based early-stage investor has backed a Kenya-based technology company focused on the agriculture space – sealing its fifth deal in Africa.

I&P backs SCRIMAD

Investisseurs et Partenaires (I&P) has invested an undisclosed amount into Société de Commerce, de Représentation et d’Investissement de Madagascar (SCRIMAD), an agriculture producer based...

SilverStreet raises $198m from PKA and OPIC

UK-based SilverStreet Capital has received approximately $198million worth of commitments from the Danish pension fund Pensionskassernes Administration (PKA) and the Overseas Private Investment Corporation (OPIC).

Inspired Evolution invests R52.5m in Abagold

Inspired Evolution has invested R52.5m in Abagold.