News
Press release | 15 November 2, 2023
E3 Capital Leads the Carbon Value Exchange’s (CAVEX) USD 6 million round to Scale CAVEX’s Digital Carbon Financing Platform
Nairobi, Kenya: The Carbon Value Exchange (Cavex) has successfully closed its seed funding round, ledby E3 Capital with participation from FSD Africa Investments (FSDAi), to bring its digital carbon financingplatform to full commercial scalability. The E3 Capital and Cavex partnership […]
Press release | 15 October 27, 2023
Pearl Capital Partners Launches UGX23.9 billion Dairy-Horticulture Credit Fund to Boost Smallholder Farmers in Uganda
Pearl Capital Partners (PCP) is delighted to announce and launch a UGX23.9 billion (€6 million) Fund withsupport from The Embassy of the Kingdom of the Netherlands (EKN). The Agro-SACCO-focused creditfacility fund will support smallholder farmers in the dairy and horticulture […]
Press release | 15 October 27, 2023
Exeo Capital’s Agri-Vie Fund II injects USD 10 million into Ugandan Dairy Production Firm
The African continent is becoming a net exporter of food and now, propelled by the African Continental Free Trade Area (AfCFTA), the agricultural sector could provide the impetus needed to boost Africa’s domestic processing capacity and reap far-reaching economic rewards. […]
Press release | 15 October 26, 2023
AAIC Investment’s The Africa Fund (AHF2) has received new participation from financial institutions and listed companies. The total size of AHF1 and 2 is US$87 million
We will continue to invest in and support the growth of innovative companies in Africa that achieve sustainable economic growth and solve social issues Singapore-26thOctober2023-AAIC Investment Pte. Ltd. (Headquarters: Singapore, CEO: Susumu Tsubaki, “AAIC Investment”) is pleased to announce that […]
Press release | 15 October 26, 2023
Kuramo Capital Selected as Manager for 2X Global Facility to Support Female Fund Managers in Africa
October 26, 2023 – 2X Global is delighted to announce the selection of Kuramo Capital Management LLC (“Kuramo”) as the manager for the 2X Ignite Africa Investment Facility for Warehousing Capital (“2XIAfrica Warehousing Facility” or the “Facility”). The 2XI Africa Warehousing Facility […]
Advocacy Piece | 15 October 23, 2023
Uganda Policy brief August 2023: Structuring Private Equity Funds under an LLP Vehicle
This policy brief outlines the needed amendments to enhance the utility of the existing legal and regulatory framework for structuring Uganda-domiciled private equity funds as a Limited Liability Partnership (LLP) – the preferred vehicle for structuring private equity funds. The […]
Press release | 15 October 22, 2023
Metier recently announced the successful first close for African private equity fund, Metier Capital Growth Fund III
Metier announces first close of Metier Capital Growth Fund IIISuccessful first close for African private equity fund, Metier Capital Growth Fund III Metier announced the first close for Metier Capital Growth Fund III, raising just over $182million, with further commitments […]
Press release | 15 May 23, 2023
Amethis and Edmond de Rothschild Private Equity announce the first closing of Amethis Fund III
Amethis, the investment fund manager dedicated to responsible and impact investing in Africa and Europe, member of the Edmond de Rothschild Private Equity partnership, is pleased to announce the first closing of its third Pan-African Fund, Amethis Fund III, at […]
Press release | 15 January 30, 2023
Phatisa invests into Leading East & West African Packaging & Printing Company
Sub-Saharan private equity investor, Phatisa, has acquired a significant minority stake in MHL International Holdings Limited(“MHL”), a subsidiary of The Manipal Group – the India-based conglomerate with interests in the printing and technology sectors – for an undisclosed sum. The […]
Press release | 15 December 21, 2022
EAVCA Signs Partnership Agreement with UK-Kenya Tech Hub
Nairobi, Wednesday 21st December 2022. The East Africa Venture Capital Association (EAVCA) has entered a partnership with the UK- Kenya Tech Hub to catalyse Kenyan based angel networks and make available local capital for Kenyan start-ups. Under the partnership, EAVCA […]
Newspaper article | 15 November 4, 2022
Tanzania’s Investment Framework Has Dramatically Improved, Investors and Advisors Say
The East African Venture Capital Association (EAVCA) held its 3rd Private Capital in Tanzania conference on 3rd November 2022 in Dar es Salaam. The conference came at a time of investors’ renewed interest in Tanzania and was focused on showcasing […]
Press release | 15 October 3, 2022
Ascent Rift Valley Fund Ltd successfully exits Medpharm Holdings Africa
Addis Ababa, 3rd October 2022 – Ascent Rift Valley Fund Ltd (“ARVF” or the “Fund”) is pleased to announce its successful exit of Medpharm Holdings Africa (“Medpharm” or the “Company”), the leading provider of medical diagnostic laboratory services in Ethiopia, […]
Press release | 15 September 8, 2022
Ascent announces final close of Ascent Rift Valley Fund II
PORT LOUIS, MAURITIUS, September 8, 2022—Private-equity fund manager Ascent today announced the final close of its Ascent Rift Valley Fund II (ARVF II) at more than USD 128 million, exceeding its initial target of USD 120 million. The first close […]
Alert | 15 August 22, 2022
Ethiopia Issues New Investment Incentives Regulation
A new Investment Incentive Regulation Number 517/2022 was approved by Ethiopia’s Council of Ministers on 21 May 2022 and published on the Negarit Gazette on 12 July 2022. The new investment incentives regulation aims to expand the coverage of investment […]
Press release | 15 July 15, 2022
Africa Private Equity News launches messaging platform – Connect
Africa Private Equity News, a leading industry information service, has launched a revamped version of its mobile app available via the Apple App and Google Play stores. The update includes the Connect in-app, direct massaging platform, enabling users to access […]