Injaro invests in Mali’s Seed Sector

Injaro invests in Mali’s Seed Sector

Bamako, Mali, Capital Markets in Africa — Injaro Agricultural Capital Holdings Limited (“IACHL”), the impact investment fund managed by Injaro Investments, announces its second investment in Mali’s agricultural sector. IACHL has signed an agreement to invest in Comptoir 2000 SA (“Comptoir 2000”), an indigenous producer of seeds in Mali. Founded in 1990 as a sole proprietorship, Comptoir 2000 started as a distributor of agro­‐inputs such as herbicides and pesticides. Since 2000, the Company decided to expand…

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Investisseurs & Partenaires announces investment in SCRIMAD Group

Investisseurs & Partenaires announces investment in SCRIMAD Group

Madagascar,Capital Markets in Africa  —- Investisseurs & Partenaires welcomes a new company in its portfolio IPAE: the agribusiness company SCRIMAD Group, located in Madagascar. This is the third investment of the Fund I&P Afrique Entrepreneurs in Madagascar, after IOT (aquaculture) et ACEP Madagascar (Microfinance). Founded in 1993 and managed by Simon Rakotondrahova, SCRIMAD is specialized in the collect and export of litchi production, among other fruits and spices (vanilla, black pepper, cinnamon, etc.). The partnership with…

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Helios Investment Partners Satisfies US$50 Million OPIC’s Loan

Helios Investment Partners Satisfies US$50 Million OPIC’s Loan

Lagos, Nigeria, Capital Markets in Africa — Helios Investment Partners (“Helios”) has repaid in full a $50 million loan to the Overseas Private Investment Corporation (OPIC), the U.S. government’s development finance institution. The OPIC loan, which was issued in 2006, helped capitalize Helios Investors, L.P. (the “Fund”) a $305 million growth equity fund that invested across various sectors in sub-Saharan Africa. With a focused investment strategy to build market-leading companies operating in core economic sectors of…

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AfricInvest exits investment in Brookhouse

AfricInvest exits investment in Brookhouse

Tunis, Tunisia, Capital Markets in Africa — AfricInvest, a pan-African SME-focused private equity firm, is pleased to announce that its AfricInvest Fund II, along with other shareholders, has successfully concluded its exit from Brookhouse Schools Ltd (“Brookhouse”) to UK-based Educas LLC  in August 2015. Brookhouse is a private school in East Africa, providing British national curriculum co-educational day and boarding programs to pupils aged 2-19. It is based in Karen, Kenya, a suburb of the capital…

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CDC and IFC invest US$24mn in CRDB

CDC and IFC invest US$24mn in CRDB

Dar es Salam, Tanzania, Capital Markets in Africa — CDC Group plc (‘CDC’) and the International Finance Corporation (‘IFC’) have invested US$24m to acquire a 5% holding in CRDB Bank plc (‘CRDB’), a provider of financial services in Tanzania. The investment will enable CRDB to continue its growth and further improve access to financial services with the aim of helping to build businesses that create jobs. CRDB recently announced a rights issue which was underwritten…

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AIIM continues to serve Africa’s growing energy demands through investment in hydro power

AIIM continues to serve Africa’s growing energy demands through investment in hydro power

Cape Town, South Africa, Capital Markets in Africa — African Infrastructure Investment Managers (AIIM), an African infrastructure equity investment manager, has announced its industrial partnership with Hydroneo Afrique, a wholly-owned subsidiary of MECAMIDI, an established global manufacturer and developer of small and medium hydro power plant equipment, to develop a pipeline of hydro power plants across Africa. The partnership will facilitate the development of a pipeline of small and medium hydro power plants in Cameroon,…

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Actis acquires stake in Coricraft group to propel expansion

Actis acquires stake in Coricraft group to propel expansion

Johannesburg, South Africa Capital Markets in Africa —  Actis today announced the acquisition of a significant minority stake in Coricraft Group, a South African home furnishings retailer. Actis’ investment affirms the strength of Coricraft Group’s cash value home retail model and will act as a substantial enabler of future growth. The firm is investing alongside majority shareholders Westbrooke a local investment group – and Coricraft Group management. Actis focuses exclusively on investments in emerging markets…

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