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Here are summaries of the five most widely read stories the past week on Africa Private Equity News.
1. Carlyle and Old Mutual Private Equity exit Tiger Wheel & Tyre
Carlyle, advised by Alterra Capital Partners and in partnership with Old Mutual Private Equity (OMPE), has announced an agreement to sell TiAuto Investments to Japan’s Marubeni Corporation. TiAuto is a retailer and wholesaler of tyres, wheels, batteries and automotive products, operating through its Tiger Wheel & Tyre and Tyres & More stores. Read the full article
2. ARM-Harith infrastructure fund reaches first close
ARM-Harith Infrastructure Investments, a pan-African private equity fund manager focused on energy and infrastructure investments, has announced the first close of its Successor Fund at about $76 million. The fund is a multi-currency blended finance platform purpose-built for African institutional investors, denominated in both US dollars and local currency within a single structure. Read the full article
3. Aruwa Capital invests in Sika Financial Group
Aruwa Capital Management has announced the completion of its investment in Sika Financial Group, a company building the clearing, settlement, liquidity, and market data infrastructure powering cross-border financial flows across Africa and the Global South. Read the full article
4. H1 Holdings and Revego explore South African renewable energy platform merger
H1 Holdings and Revego Fund Managers have announced their intent to explore a strategic merger to create one of South Africa’s largest dedicated renewable energy equity investment platforms, with a combined asset base of approximately R13.3 billion ($805 million). The proposed transaction brings together H1 Holdings’ interest in a large, diversified portfolio of predominantly operating renewable energy assets – spanning 26 projects across wind, solar, battery storage and hydro – with Revego’s established institutional investment platform, the Investec-backed Revego Africa Energy Fund. Read the full article
5. Proparco backs EmergingTech Ventures Fund II
Proparco, through the FISEA fund, has become a cornerstone investor in EmergingTech Ventures Fund II, an early-stage venture capital fund focused on high-potential technology startups operating in Morocco, Tunisia, Senegal, and Côte d’Ivoire. Read the full article
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Dealmaker’s Log: African private equity and VC deals in May 2026
Africa Private Equity News recently published the May 2026 issue of our Dealmaker’s Log, which tracks the reported African private equity/debt and venture capital transactions from last month (and extending back to an archive of transactions since May 2023). Access the Dealmaker’s Log here
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The French serial entrepreneur who became a private equity investor in Africa
Alexis Caude, managing partner of Adenia Partners, discusses his entrepreneurship journey, his investment successes in Africa, and how he manages his personal money. Watch/read the interview here
