Apis Partners exits iKhokha to Nedbank
Johannesburg, South Africa, 13 August 2025 – Nedbank Group, one of South Africa’s leading financial services providers, is pleased to announce that it has entered into a binding agreement to acquire 100% of fintech innovator iKhokha in an all cash deal for approximately R1.65bn (subject to certain adjustments upon conclusion), a move that marks a significant milestone in Nedbank’s strategy to deepen its support for small and medium-sized enterprises (SMEs) through digital innovation and inclusive financial services.
Source: Apis Partners
Creation Capital closes a R75mn debt investment into Quest Capital Solutions
Creation Capital, a South African-based private credit asset manager, has closed a R75 million (about $4.2 million) debt investment into Quest Capital Solutions.
Source: Africa Private Equity News
Enko Capital in Société Générale Mauritania deal
The Enko Capital-Oronte consortium has finalised the 100% acquisition of Société Générale Mauritania (SGM). This follows the granting of regulatory approval by the Central Bank of Mauritania.
Source: Africa Private Equity News
Ezdehar Management acquires a majority stake in Egyptian food company
Private equity firm Ezdehar Management has acquired a majority stake in Egyptian food company Kemet through its Ezdehar Mid-Cap Fund II.
Source: Africa Private Equity News
Proptech fund reaches final close
JOHANNESBURG, 14 AUGUST 2025 – REdimension Capital is proud to announce the final close of the REdimension Real Estate Technology & Sustainability Fund I with total aggregate commitments exceeding of R250 million. This milestone signifies a robust vote of confidence in the fund’s mission to drive innovation and sustainability in the built environment through strategic investment in early-stage proptech companies. It also endorses the fund’s differentiated platform model, which enables mutual value creation for real estate corporates, financial investors and technology companies.
Source: REdimension Capital