Avanz Capital partners with RMBV
Avanz Capital Egypt (ACE), a private capital asset management firm, has partnered with RMBV via Avanz Manara for Direct Investments to invest in Egyptian SMEs, as well as to support RMBV’s North African strategy through RMBV’s North Africa Fund III (NAF III).
Source: Africa Private Equity News
Cygnum Capital and Enabling Qapital back an LPG Cylinder Bottling company
Africa Go Green Fund (“AGG”) managed by Cygnum Capital (“Cygnum”), and Spark+ Africa Fund (“Spark+”) managed by Enabling Qapital (“EQ”), have disbursed a USD 18.2m Senior Debt Facility to NewGas Cylinder Bottling Ltd (“NewGas”), an affiliate of The Quantum Group Limited(“Quantum”) and a subsidiary of Arch Holdings Limited (“Arch”). The syndicated loan will be used to finance investments made in the engineering, construction and commissioning of NewGas’ LPG Bottling Plant in Tema and the procurement of cylinders required for LPG distribution.
Source: Cygnum Capital
E Squared Investments and ANZA Capital invest in a Cape Town-based medtech startup
E Squared Investments, along with ANZA Capital, have invested in Impulse Biomedical, a Cape Town-based medtech startup.
Source: Africa Private Equity News
IHS Towers to sell Rwanda Operations to Paradigm Tower Ventures
May 20, 2025, London/Kigali: IHS Holding Limited (NYSE: IHS) (“IHS Towers”), one of the largest independent owners, operators and developers of shared communications infrastructure in the world by tower count, has agreed to sell 100% of IHS Rwanda Limited (“IHS Rwanda”) including its approximately 1,465 sites1 to Paradigm Tower Ventures. The transaction is subject to customary closing conditions, including government and regulatory approvals, and is expected to close in the second half of 2025.
Source: IHS Towers
Kholo Capital and Maia Capital back Catapult Group
The Kholo Capital Mezzanine Debt Fund I and Maia Capital Partners have provided R250 million (about $14 million) mezzanine debt funding to Catapult Group. The funding is intended to support growth capital expenditure and to refinance a portion of existing senior debt, thereby enhancing cash flow flexibility as the company enters its next growth phase.
Source: Africa Private Equity News
Prosus Ventures leads a US$15.7mn investment round in Thndr
Prosus Ventures today announced it has led a $15.7 million investment round in Thndr, the MENA region’s leading digital investment platform, alongside The Raba Partnership, BECO Capital, JIMCO Capital, Endeavor Catalyst, and Y Combinator. This marks Prosus’ second investment in Thndr and reflects our strong belief in the company’s vision, product execution, and ability to drive financial inclusion at scale.
Source: Prosus Ventures
Silverbacks Holdings exits a payment focused company
Lagos, May 2nd, 2025 — Silverbacks Holdings, a leading private investment firm focused on Africa-related companies in high-growth, underserved industries, announced, during the 2025 AVCA Summit in Lagos, its eighth profitable exit since inception as well as the appointment of Sanford R. (Sandy) Climan as a new advisory board member and investor in its Nigeria based portfolio company, African Warriors Fighting Championship (AWFC).
Source: Silverbacks Holdings
The Emerging Africa & Asia Infrastructure Fund, managed by Ninety One completes US$325mn debt raise
The Emerging Africa & Asia Infrastructure Fund (EAAIF), a Private Infrastructure Development Group (PIDG) company managed by Ninety One, has successfully raised $325 million in new debt facilities, bringing recent commitments to $620 million and exceeding the Fund's $500 million target ahead of schedule. The debt raise cements EAAIF’s position as the go-to partner for investors to access scalable, and untapped opportunities in the emerging market infrastructure debt asset class, through an A2 rated (Moody’s) lending platform.
Source: Ninety One