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Private equity manager EXEO Capital on Wednesday announced that their Agri-Vie Fund II has acquired a 36.5 percent stake of South African non-alcoholic beverage manufacturer, Jumbo Brands. Avril [...]

French venture-capital fund Partech is closing an Africa fund of EU125M ($143.9 million) for investing in tech startups across the continent. * Fund is backed by financial institutions and [...]

Print and packaging firm Ramco Plexus has acquired 73.6 per cent of the issued share capital of scratchcard making giant Sintel Security Print Solutions. The Competition of Authority of Kenya [...]

The fund I&P Afrique Entrepreneurs 1 (IPAE 1), launched by Investisseurs & Partenaires in 2012, exits from two companies of its portfolio: the group CONERGIES, based in Côte d’Ivoire and [...]

South African venture capital firm Kalon Venture Partners has invested R10m in local property tech platform Flow, an app that rewards tenants for good behaviour. Clive Butkow, Kalon Venture [...]

Gulf Capital, the UAE-based alternative asset management firm, has announced that it has invested $22 million in CHO Company, a global producer and exporter of organic and natural olive oil with [...]

Moringa SCA SICAR (“Moringa”), an impact investment fund dedicated to agroforestry projects in Sub-Saharan Africa and Latin America, announces its eighth investment, and the fifth of its African [...]

Berkshire Partners acquired a stake in Teraco Data Environments, becoming the biggest shareholder in Africa’s largest data-center to capitalise on growing demand for internet and cloud-based [...]

CrossBoundary Energy Access (CBEA), Africa’s first project financing facility for mini-grids, announced its launch, with funding commitments from The Rockefeller Foundation and Ceniarth. [...]

Software developer training and outsourcing company, Andela has announced a $100 million Series D round. It’s one of the largest ever single rounds raised by an African-focused tech company, [...]

French state-controlled power utility EDF has bought a 49 percent stake for an undisclosed amount in African company Conergies Group. Conergies Group is a leading west African energy company with [...]

Dutch impact investor Goodwell Investments has made a $2-million investment in Nairobi-based consumer goods catalogue and delivery service Copia. The firm — founded by Americans Tracey Turner and [...]

Britam Holdings unit buys stake of “about a quarter” in Gulf Energy’s 80MW thermal plant on the outskirts of Kenyan capital, Nairobi, for 1.4b shillings, CEO Kenneth Kaniu tells reporters. * [...]

Vectis, a private equity firm long active in Nigeria, has concluded a restructuring investment transaction of USD12 million into Leventis Foods Ltd, an established Nigerian FMCG manufacturing [...]