Private Equity: Norfund, FMO and Rabobank join forces and invest in financial institutions to support growth in Africa

Private Equity: Norfund, FMO and Rabobank join forces and invest in financial institutions to support growth in Africa

LAGOS, Nigeria, Capital Markets in Africa: Norfund, FMO and Rabobank have entered into a partnership to reaffirm their long-term commitment to Africa’s future development, growth potential, and the local financial sector. The partners are committed to strengthening and develop effective, inclusive financial systems in Africa. It is also envisioned that Banco Montepio, a financial group based in Portugal with banking investments in Africa, will join the partnership in the near future. The partners currently hold…

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Investment | Sahel Capital in Dayntee Farms deal

Investment | Sahel Capital in Dayntee Farms deal

LAGOS, Nigeria, Capital Markets in Africa: Sahel Capital, Fund Managers for the Fund for Agricultural Finance in Nigeria (FAFIN), announced its most recent investment – in Dayntee Farms Limited, a commercial poultry farm located in Kwara State, in the North Central region of Nigeria.  Founded in 2011, Dayntee Farms produces a variety of poultry products including table eggs, day‐old chicks and point‐of‐lay birds, which it supplies to customers across the country. The company is run by a strong management…

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DPI invests $35m in household appliances firm, B.TECH, Egypt

DPI invests $35m in household appliances firm, B.TECH, Egypt

LAGOS, Nigeria, Capital Markets in Africa: Development Partners International (DPI), one of the leading African private equity specialists with US$1.1bn under management, has through its ADP II fund concluded an investment and strategic partnership with Egypt’s leading household appliances and consumer electronics retailer, B.TECH, that will see the fund investing EGP300mn in the company.  B.TECH operates a fast-growing portfolio of 67 retail stores across 22 governorates in Egypt with a network of 362 wholesale dealers…

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Private Equity | Ethos Capital’s JSE Listing to Fuel Private-Equity

Private Equity | Ethos Capital’s JSE Listing to Fuel Private-Equity

South Africa, Capital Markets in Africa: EPE Capital Partners intends to raise as much as 2 billion rand ($140 million) in a stock placement and Johannesburg listing that will allow shareholders to invest in a portfolio run by sub-Saharan Africa’s largest private-equity firm. Ethos Capital, as the listing entity is known, will sell as many as 200 million shares on Aug. 5 to selected investors and institutions, including Coronation Asset Management (Pty) Ltd, Abax Investments (Pty)…

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Why Pioneering Private Investors are Increasingly Critical to Africa’s Development

Why Pioneering Private Investors are Increasingly Critical to Africa’s Development

LAGOS, Nigeria, Capital Markets in Africa: Africa has long been a place for pioneers. With more than ten percent of the world’s population, and less than two percent of the world’s GDP, Africa needs far more investment that it receives. The challenge of identifying strong investments in a massive continent that is a complex array of 54 jurisdictions and even more languages, cultures, and political systems, has kept many private equity investors away. The Overseas…

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Recent Private Equity Deal Activity in Africa

Recent Private Equity Deal Activity in Africa

LAGOS, Nigeria, Capital Markets in Africa: There have been a number of recent investments in 2015 into private healthcare and pharmaceuticals in Nigeria and into agriculture in Nigeria, Ethiopia and Kenya, and into life insurance and financial services business across West Africa, particularly Ghana. Telecommunications businesses across Africa also remain attractive. Regrettably a number of deals have collapsed or been put on hold (often indefinitely) due to the commodity slump (in particular the low oil…

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Harnessing Maghreb’s Growth Potentials: A Private Equity Perspective

Harnessing Maghreb’s Growth Potentials: A Private Equity Perspective

LAGOS, Nigeria, Capital Markets in Africa: Very often investors wonder whether investing in the Maghreb is beneficial and delivers high returns. There are several reasons why this region is more attractive than other emerging markets in the world. In the Maghreb countries, future growth expectations tend to be high, competition levels are rather low and markets relatively stable. Also, there is usually a strong pipeline of good companies in fundamentally good sectors. Another important element…

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