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).
Kenya-based Insurance Company of East Africa (ICEA) has partnered with the Norwegian Investment Fund for Developing Countries (Norfund) and Imara Securities to launch a $100 million private equity fund.
Early-stage investor HBD Venture Capital has sold its stake in South-Africa-based mobile payment company Fundamo, in a $110million trade deal to Visa.
Vital Capital Investments has attracted $250 million at the first closing of its maiden Africa-focused agriculture and real estate fund, Vital Capital Fund I.
BGL Private Equity is reportedly working on plans to back a ship building deal in Nigeria.
Nigeria-based private equity investor, African Capital Alliance (ACA), has reportedly led a $750million investment in Union Bank of Nigeria.
3i portfolio company SLR Management has acquired a South African mining environmental consultancy, Metago International Holdings for an estimated£7 million ($11.4million).
Inspired Evolution has invested R52.5m in Abagold.
African Capital Alliance (ACA) has received a $7m commitment for its Capital Alliance Private Equity III from the Export Development Canada (EDC).
Horizon Equity Partners has fully realised its Horizon’s TechVentures Fund, achieving an internal rate of return of 40% for its investors.
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