500 size

August 22nd, 2022

The Weekly Roundup of Africa's Private Capital News
Was this email forwarded to you? Sign up here for your own copy every week
This week's issue supported by...
AfricArena North Africa 22

Greetings!


Here's your preview edition to this week's Africa Capital Digest. We reported on some interesting deals last week and we think you'd get a lot of value from having the access to the full stories behind these headlines. Take a look.


Only Available until the end of August 

$15 for the first 3 months' access - sign up today and start...


  • Reading the full stories behind the headlines below
  • Finding out deal values, stake sizes, and the investment professionals involved
  • Discovering how the fresh capital will be put to work  
  • Learning about any new funds raised, their LPs, their regional and sector strategies
  • Tracking portfolio company add-ons, stake sales, and exits that impact their values
  • Accessing more than 6 year's worth of searchable, archived content


...within minutes!


It's only $15 for the first 3 months and you can cancel any time



If you would like to find out more about a team membership for your organization, please email our Publisher Allan Cunningham at any point.


Best wishes to you and your colleagues for a healthy, productive week.

Deals...

Private Equity

Leading Banks invest equity and debt in deal for renewable energy firm // africacapitaldigest.com

RMB and Standard Bank are investing a combination of equity and debt alongside other investors in a transaction for a wind and solar provider with assets in South and East Africa. The deal for...

Read more...

RMB and Standard Bank invest equity and debt in Seriti Green's Winlab Africa deal

Image Credit: Pixabay

Private Equity

Clearwater Capital buys minority stake in franchised logistics business // africacapitaldigest.com

Durban-based Clearwater Capital has acquired a significant minority stake in a logistics franchise business, co-investing alongside another South African logistics firm, City Logistics. The value of the...

Read more...

Private Debt

Verdant Capital makes first investment for hybrid capital fund // africacapitaldigest.com

Having held the first close for its planned $100 million hybrid capital fund earlier this year, Verdant Capital announced the fund's first investment last week. The Verdant Capital Hybrid Fund is making a...

Read more...

Private Debt

responsAbility finances two solar projects in Botswana // africacapitaldigest.com

Swiss impact investor responsAbility Investments has agreed to provide long-term debt financing for two solar projects currently being built in Botswana. When completed, the projects will be adding...

Read more...

Venture Capital

Google selects Lori for $50mln Africa fund's third investment // africacapitaldigest.com

Google's $50 million Africa Investment Fund is making a pre-Series B investment in Lori Systems, an e-Logistic startup based in Kenya. The deal is the third for the tech giant's fund which is investing...

Read more...

Venture Capital

Aruwa Capital leads seed round for Koolboks // africacapitaldigest.com

Aruwa Capital Management has led a group of investors backing a seed round for Koolboks, a provider of cold storage equipment to businesses in Africa. Between them, Aruwa, Acumen, Blue Earth Capital...

Read more...

Africa Capital Digest's

2022 Guide to African Private Equity


Take $200 off the price of this year's edition


Make sure you reserve your copy of AfCD's definitive guide to the private capital investors, funds, and investment firms in Africa. Once published, enjoy the following key benefits:

 

  • For LPs; review Africa's GPs, their strategies, and their funds 
  • For GPs; find potential co-investors, plan secondary acquisitions and sales 
  • For Corporates; source assets for acquisition, targets for divestitures 
  • For Advisers; develop clients, transaction ideas, and more 


Reserve your copy and lock in your savings by clicking here today.

Funds & Fundraising news...

Private Equity

Ambit wraps up fundraise for maiden global fund of Search Funds // africacapitaldigest.com

Ambit Partners, a two-year-old search fund investment firm with offices in Cape Town and Vancouver, has wrapped up fundraising for its first fund. Ambit Partners Fund I now has...

Read more...

Growth Capital

New Verod-Kepple Africa fund lands commitment from Toyota Tsusho // africacapitaldigest.com

A fund managed by Verod-Kepple Africa Partners, a new joint venture between Verod Capital and Kepple Africa Ventures, has landed a commitment from Toyota Tsusho, part of...

Read more...

Venture Capital

Pre-seed stage investor holds first close for second fund // africacapitaldigest.com

An Africa-focused pre-seed stage venture capital firm based in Nigeria has held the first close for its second fund. Microtraction has won commitments totaling...

Read more...

Companies, People  & Profiles...

People

A.P. Moller Capital adds to its Partner ranks // africacapitaldigest.com

A.P. Moller Capital has hired a new executive for its partnership ranks, adding a further two decades of experience in infrastructure investment and asset management to its already considerable bench of...

Read more...

Job Openings...
Highlighted Job of the Week

Head of Morocco Advisory at CrossBoundary // crossboundary.com

Based in Rabat, Morocco

Read more...

Senior Investment Professional, Infrastructure Debt at Old Mutual Alternatives // oldmutual.co.za

Based in Cape Town, South Africa

Read more...

New this week...

Senior Investment Analyst at Old Mutual // oldmutual.co.za

Based in Cape Town, South Africa

Read more...

ESG Director, Investment Platforms at CrossBoundary // crossboundary.com

Based in Johannesburg, South Africa

Read more...

Senior Associate at CrossBoundary // crossboundary.com

Based in Cairo, Egypt

Read more...

Associate Investment Officer at IFC // ifc.org

Based in Doula, Cameroon

Read more...

Upcoming Conferences...
Highlighted Event

AVCA Sustainable Investing Summit 2022 // avca-africa.org

London, United Kingdom, October 19th, 2022

Read more...

Only 1 week to go...

AfricArena's North Africa Summit 2022 // africarena.com

Tunis, Tunisia, August 30th to August 31st, 2022

Read more...

South Sudan Oil & Power 2022 // energycapitalpower.com

Juba, South Sudan, September 13th to September 14th, 2022

Read more...

Uganda International Oil & Gas Summit // energyadvance.org
Kampala, Uganda, September 27th to September 28th, 2022

2nd Edition Connected Africa // connected-africa.com

Online and in Cape Town, South Africa, September 29th, 2022

Read more...

AfricArena's East Africa Summit 2022 // africarena.com

Nairobi, Kenya, October 4th to October 5th, 2022

Read more...

AFSIC 2022 | Investing in Africa // afsic.net
London, United Kingdom, October 10th to October 11th, 2022

SAVCA Venture Capital Conference 2022 // savca.co.za

Stellenbosch, South Africa, October 27th, 2022

Read more...

AfricArena's Grand Summit 2022 // africarena.com

Cape Town, South Africa, November 8th to November 9th, 2022

Read more...

SuperReturn Africa // informaconnect.com

Cape Town, South Africa, December 5th to December 7th, 2022

Read more...

Africa Capital Digest is a product of Rowayton Press
For information about single or team subscriptions, please contact Teresa Hall
For branding, thought leadership and lead generation opportunities, please contact Allan Cunningham
Follow Africa Capital Digest on Social Media
Facebook  Twitter  Linkedin