Here are summaries of the most widely read stories from the past week on Africa Private Equity News.
1. Kholo Capital provides mezzanine debt to DCC
Kholo Capital’s Mezzanine Debt Fund I has provided R275 million ($17 million) in mezzanine debt to DCC Holdings, a South African distributor of technology products from manufacturers including HP, Dell and Lenovo. The funding will refinance existing debt and support DCC’s growth plans. Read the full article
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PwC South Africa advises Solar Group on Omnia offer
PwC South Africa provided financial and tax due diligence to Solar SA Investments, an indirect subsidiary of Solar Industries India Limited, on its R21.8 billion ($1.3 billion) offer for Omnia Holdings. Read more
2. Africa Nature Impact Fund targets $100m
Finance Earth, FSD Africa and FSD Africa Investments (FSDAi) have launched the Africa Nature Impact Fund to finance early-stage nature and nature-based carbon projects across Africa. The closed-end debt fund, managed by Finance Earth, is seeking a $20 million first close in 2027, with FSDAi making a £5 million ($6.6 million) cornerstone commitment. Read the full article
3. AfricaWorks Investment Partners closes second real estate fund at $25m
AfricaWorks Investment Partners (AWIP), the real estate investment arm of flexible workspace operator AfricaWorks, has closed its second fund, AWIP II, at $25 million in equity and debt. The fund will acquire and develop four to five mixed-use properties, mainly in Abidjan and Dakar. Read the full article
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Dealmaker’s Log: A database of African private capital transactions
The Dealmaker’s Log supports deal origination, market mapping, and tracking individual investors or funds over time. Filter to the country, sector, investor or transaction type you cover; compare activity across sectors, geographies and years; or follow the private capital cycle from fundraising through to exits. Access the Dealmaker’s Log here
4. Cygnum Capital’s ALCB Fund backs Swami Agri’s $52.2m green bond
Cygnum Capital’s African Local Currency Bond Fund has invested about XOF 4 billion ($7 million) in a XOF 30 billion ($52.2 million) debut green bond from Swami Agri, one of Senegal’s largest agricultural producers. The proceeds will fund solar panels and cold-storage units. Read the full article
5. MacArthur Foundation increases impact investment allocation to $750m
The Chicago-based MacArthur Foundation is increasing its impact investment allocation by 50% to $750 million. The foundation will begin implementing the larger allocation in 2027. Read the full article
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Adenia Partners is listing Kenyan retailer Quickmart: We find out more
Kenyan retailer Quickmart, a portfolio company of Adenia Partners, has received regulatory approval for its IPO and listing on the Nairobi Securities Exchange, in a deal that values the company at about $230 million. Africa Private Equity News editor-in-chief Jaco Maritz spoke to Martha Osier, a partner at Adenia and a board member of Quickmart, to find out more. Watch the interview
