December Industry News

01 Dec 2025

 

A collection of news across the African private equity and venture capital industry

Belife Insurance invests in Gozem’s Series B fundraising round

Belife Insurance, a pan-African insurance group, has invested in Gozem’s Series B fundraising round. Gozem is a super app in Francophone Africa.

Source: Africa Private Equity News

Eos Capital exits Erongo Medical Group 

Windhoek, Namibia – Eos Capital is pleased to announce the successful exit of Allegrow Fund’s (Allegrow) investment in Erongo Medical Group (EMG), marking a significant milestone for both the firm and the broader Namibian private equity market.

Source: Eos Capital

Five35 Ventures secures an anchor investment from the Mastercard Foundation Africa Growth Fund

Five35 Ventures’ investments have already generated more than 1,400 jobs across Africa and attracted over USD $75 million in follow-on capital. Building on this momentum, in October 2025, the Pan-African, female-focused venture capital fund secured an anchor investment from the Mennonite Economic Development Associates (MEDA) Mauritius Foundation, Fund Manager of the Mastercard Foundation Africa Growth Fund. The anchor investment strengthens a fast-growing, female-focused fund already delivering jobs, capital attraction, and scalable impact across Africa.

Source: Mastercard Foundation Africa Growth Fund

FSDEA and Gemcorp Capital partner to establish Pan-African Infrastructure Fund

Gemcorp Capital, a global asset management firm specialising in emerging markets, and the Fundo Soberano de Angola (FSDEA) today announce, a joint initiative to launch a Pan-African Infrastructure Fund, a new investment fund principally focused on infrastructure projects across Africa.

Source: Fundo Soberano de Angola (FSDEA)

GIP Ghana invests in automotive parts manufacturer

Growth Investment Partners (GIP) Ghana, an investment platform established by British International Investment, has announced a strategic investment in Springs and Bolts Company (SBCL), a Kumasi-based manufacturer of automotive aftermarket components.

Source: Africa Private Equity News

Investisseurs & Partenaires announces the first closing of its IPAE 3 fund at EUR41mn

Investisseurs & Partenaires (I&P) announces the first closing of its fund I&P Afrique Entrepreneurs 3 (IPAE 3) at €41 million, underscoring the renewed and strengthened confidence of its long-standing partners: the European Investment Bank (EIB), the West African Development Bank (BOAD), Bpifrance, and Proparco through its FISEA initiative. With the support of the European Commission, through its EFSD+ program, FISEA is providing a €7 million catalytic junior tranche, enhancing the fund’s risk-return profile, and enabling the mobilization of additional capital. 

Source: Investisseurs & Partenaires (I&P)

Secha Capital, 27four and Shade Tree Capital invest in South Africa’s electronics manufacturing services business

Secha Capital, as lead investor, in conjunction with 27four and Shade Tree Capital, today announced an investment in Barracuda Holdings Ltd (Barracuda), one of South Africa’s leading electronics manufacturing services businesses (EMS). The new investment partnership positions Barracuda for its next phase of growth while maintaining the same quality, reliability and service that customers and suppliers have come to expect.

Source: Secha Capital