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A MESSAGE FROM OUR SUPPORTERS
Standard Bank leads $175m sustainable finance deal for Wilderness Holdings
Standard Bank has partnered with Wilderness Holdings Limited on a landmark $175 million syndicated sustainable financing deal, as sole mandated lead arranger, underwriter and sustainability co-ordinator. The transaction comprises a five-year senior secured funding package, including a $125 million term facility and a $50 million revolving credit facility. Read more
Here are summaries of the five most widely read stories the past week on Africa Private Equity News.
1. Morocco: IMG Capital takes minority stake in Avis Locafinance Group
IMG Capital, through its fund IMG Fund I, has announced a minority investment in Morocco’s Avis Locafinance Group. Founded in 1961, Avis Locafinance Group has evolved from a car rental operator into an integrated mobility platform, combining short-term rental services under the Avis brand, long-term full-service leasing for corporates through the Locafinance brand, and vehicle maintenance and repair services via Fleet Services Management. Read the full article
2. China’s NewTrails Capital backs electric vehicle platform Spiro
African electric vehicle platform Spiro has announced the closing of its latest funding round at $270 million, following a newly finalised $55 million investment from NewTrails Capital, a Chinese growth-stage investment fund. The investment is expected to support Spiro’s current manufacturing and supply chain localisation efforts on the continent, in particular with Chinese suppliers. Read the full article
3. Adenia closes investment in Egypt’s Parkville Pharmaceuticals
Adenia Partners has announced the closing of its investment in Egypt’s Parkville Pharmaceuticals, a company active in the pharmaceutical, cosmeceutical, and nutraceutical sectors. This is Adenia’s first majority investment in Egypt. Adenia acquired the stake held by Admaius Capital Partners. Read the full article
4. Impact Fund Denmark closes $750m SDG Fund II
Impact Fund Denmark has closed its SDG Fund II at DKK 5 billion ($750 million). The fund invests in companies across 13 developing and emerging markets and has been closed with a group of private investors comprising five pension funds – P+, PenSam, PKA, PFA and PBU – as well as Jyske Bank, alongside public capital from Impact Fund Denmark. More than $150 million has already been invested in five companies, including Africa-focused investments in Sturdee Energy, Imperium Holding and Spiro. Read the full article
5. Mediterrania portfolio company Laprophan acquires Rivopharm
Mediterrania Capital Partners has announced that its portfolio company, Laprophan Group, has acquired a controlling stake in Rivopharm. Based in Switzerland, Rivopharm is a pharmaceutical company specialising in speciality medicines, dossier development, complex formulations, and value-added pharmaceutical solutions. Read the full article
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
Where Sango Capital sees opportunity in Africa
Africa-focused investor Richard Okello compares investing on the continent to riding a speedboat through rough seas while trying to drink a glass of wine without spilling a drop. The job is to get from point A to point B with the liquid intact. Watch/read the interview here
