Tuesday, August 9, 2022

US Investor backs Africa deal from $1bn fund

Microsoft has sealed an early stage-deal, backing a Kenya based renewable energy technology company, investing from its global-focused vehicle sized at $1...

ACA raises $200m at first closing of African fund

African Capital Alliance (ACA) has held a $ 200 million first closing for its latest private equity fund - Capital Alliance Private Equity III - CAPE III

Meridiam delivers 2nd Africa deal

France-based infrastructure-focused investor Meridiam has invested into Senegal-based renewable energy company Ten Merina – sealing its second deal in the continent. The deal value...

VentureBuilder in energy deal

VentureBuilder has backed an approximately $1 million investment in Energy+, a Mali-based renewable energy provider. The Netherlands-based early-stage investor is...

Swiss investor lands cookers deal

A Switzerland-based investor has signed a buyout deal, backing an investment into an industrials company that manufactures cooking stoves.

Investors join Mitsubishi in $50m deal

A consortium of investors has partnered with Japan-based holding company, Mitsubishi Corporation to back a $50 million series-D investment into BBOXX, an Africa-focused renewable...

Pembani & Israel CV partner on deal

Pembani Remgro Infrastructure Managers (PRIM) has backed Africa-focused renewable energy provider Lumos Global, as part of a $90 million capital raise. Existing shareholder Israel...

Specialist investor in follow-on deal

A specialist investor has sealed a follow-on deal, backing its Nigeria-based renewable energy portfolio company. All On Partnerships for Energy...

Blackstone backs Black Rhino

Blackstone has committed to invest into Black Rhino, an Africa-focused greenfield infrastructure development company. The financial details have not been disclosed. Black Rhino will use...

Investors join Shell & Sumitomo deal

A consortium of investors has partnered with Shell Ventures and Sumitomo Corporation, a Japan-based business services company, to back a series-B investment into a...