AHL, Everstrong, and Beyond Capital invest in East African electric motorbike company
Ampersand has raised further equity, bringing the funding total raised in the last 12 months to $21.5 million.
Source: Africa Private Equity News
Alta Semper acquires blood purification and haemodialysis solutions producer
Allmed Group, a producer of end-to-end blood purification and haemodialysis solutions, announced in June that private equity firm Alta Semper Capital has entered into definitive agreements to acquire the company.
Source: Africa Private Equity News
Coamana secures US$500k investment to digitise agricultural trade
Village Capital’s Reducing Inequalities Investment Facility has announced its latest investment of $500,000 in Coamana, a business operating in Nigeria and Kenya.
Source: Africa Private Equity News
HAVAÍC reaches first close of US$50mn Fund 3
HAVAÍC has announced the first close of its US$50 million African Innovation Fund 3. In partnership with cornerstone investors Universum Wealth and The SA SME Fund, as well as local and international family offices, the fund has secured US$15 million in commitments for its first close in July 2024.
Source: HAVAÍC
Omnisient lands US$7.5mn investment from Arise
South African fintech start-up Omnisient has received a $7.5 million investment from Arise, a company that invests in African financial service providers and fintechs that advance financial inclusion.
Source: Africa Private Equity News
Peach Payments acquires Operativa following US$30mn funding round
South Africa-based digital payments service provider Peach Payments has acquired customer software development firm Operativa as a going concern. The acquisition is the first by Peach Payments since closing a $30 million funding round, led by the Apis Growth Fund II, last year.
Source: Africa Private Equity News
Pepea Fund announces its first investment in Gaea Foods Limited
Pepea, an impact investment fund from Oxfam Novib managed by Goodwell Investments, is pleased to announce its first-ever investment: Gaea Foods Limited (“Gaea”), a potato-processing company targeting the B2B market, based in Nairobi, Kenya. The fund is investing in Gaea in the form of venture debt, providing working capital to allow the company to better meet demand from new and existing customers. By improving local value chains, enhancing smallholder farmers’ incomes and empowering female stakeholders, Gaea exemplifies the type of organisation Pepea aims to support.
Source: Goodwell
Village Capital invests Kenyan agitech platform for fish farmers
Village Capital has announced an investment in Aquarech, a Kenyan agtech startup that enables small and medium-sized fish farmers to become more productive and profitable by providing them with access to quality fish feed, credit, and buyers.
Source: Africa Private Equity News