October Industry News

01 Oct 2025

 

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

Africa Lighthouse Capital invests in  microfinance provider

Africa Lighthouse Capital, a Botswana-based private equity firm, has acquired a significant minority equity stake in Bayport Financial Services Botswana. The business is a regulated microfinance provider serving government and other wage-earning employees in Botswana.

Source: Africa Private Equity News

Agile Capital exits Aquatico to Bidvest 

Agile Capital, alongside existing shareholders, will be exiting the Aquatico Group (‘Aquatico’) while ensuring continued growth for the business. Agile Capital has routinely achieved considerable returns by establishing mutually beneficial long-term partnerships in businesses that have carved a specialised niche for themselves and excelled in their fields.

Source: Agile Capital

Blue Earth Capital backs fintech platform

Blue Earth Capital (“BlueEarth”), a specialist global impact investor, today announces a private equity secondary investment in Moniepoint Inc (“Moniepoint”), a leading fintech providing digital financial services to Micro, Small, and Medium Enterprises (MSMEs) and underserved consumers in Africa.

Source: Blue Earth Capital

CFM’s Climate Investor Two Fund closes at US$1.065bn

The Hague, 13 October 2025: Climate Fund Managers (CFM), a climate-focused blended finance investment manager, announced today the final close of its second blended finance facility, Climate Investor Two (CI2), at USD 1.065 billion. With new commitments of USD 190 million plus a EUR 205 million EFSD+ guarantee from the European Union, CI2 surpasses its initial USD 1 billion target, becoming the largest climate adaptation infrastructure fund focused on emerging markets globally. The fund blends public and private capital to invest in and co-develop water, waste and oceans infrastructure in emerging markets, including low-income countries, across Africa, Asia and Latin America.

Source: Climate Fund Managers

Inspired Evolution commits US$20mn to East African warehousing and logistics platform

Nairobi / Cape Town, 8th October 2025 — Evolution III Fund, Inspired Evolution’s dedicated next-generation energy transition fund, has signed transaction agreements committing USD 20 million to Cold Solutions East Africa Holdings Limited (CSEAHL), a leading temperature-controlled warehousing and logistics platform operating across Kenya, Uganda, Rwanda, and Tanzania.

Source: Inspired Evolution

Resolve acquires tile and bathroom specification business

South African fund manager Resolve, through its Resolve Private Equity Fund I and in partnership with management, has acquired tile company Tiletoria.

Source: Africa Private Equity News

RMB Corvest backs financial services provider 

RMB Corvest, a private equity business in the FirstRand Group, in partnership with Thuto Fund 1, has announced that it has acquired a stake in Fundi Capital Proprietary Limited (“Fundi”), a specialised financial services provider of educational loans and fund administration services.

Source: RMB Corvest

Saviu Ventures exits majority stake in logistics platform

Saviu Ventures, a venture capital fund focused on Francophone Africa, has sold its majority stake in Kamtar, a digital logistics platform based in Côte d’Ivoire, to Logidoo Group, a pan-African logistics company.

Source: Africa Private Equity News