> ## Content Index > Fetch the complete content index at: https://www.africainvestorreview.com/llms.txt > Use this file to discover other available public pages before exploring further. # Review of Week of 26 October 2026 - URL: https://www.africainvestorreview.com/review-of-week-of-26-october-2026/ - Published: 2026-11-02T01:57:00.000Z - Updated: 2026-11-02T03:00:22.000Z - Description: This week’s briefing features Harith’s regulatory approval to acquire FlySafair, EIB Global’s $37.5M commitment to Tanmiya Capital Fund II, Admaius Capital’s $40M healthtech expansion, and strategic debt and equity transactions across DPI, BII, and Proparco. - Author: Charles S. - Tags: Features Private capital flows across African markets this week demonstrated robust activity led by landmark aviation buyouts, oversubscribed regional growth equity funds, and cross-border expansion in insurance and climate infrastructure. [Competition Tribunal of South Africa](https://www.linkedin.com/company/competition-tribunal-of-south-africa/?ref=africainvestorreview.com) approved [Harith](https://www.linkedin.com/company/harith-financiers-and-developers-of-infrastructure-projects/?ref=africainvestorreview.com)’s strategic acquisition of airline [FlySafair](https://www.linkedin.com/company/flysafair/?ref=africainvestorreview.com), while Egyptian growth platforms secured substantial development finance commitments, highlighted by [European Investment Bank (EIB)](https://www.linkedin.com/company/european-investment-bank/?ref=africainvestorreview.com) Global’s $37.5M ticket into the $130M [Tanmiya Capital Ventures (TCV)](https://www.linkedin.com/company/tcv-previously-tanmiya-capital-ventures/?ref=africainvestorreview.com) Fund II. Meanwhile, strategic debt financing and impact equity scaled rapidly across climate-tech, agricultural processing, and specialized healthcare, anchored by [Admaius Capital Partners](https://www.linkedin.com/company/admaius-capital-partners/?ref=africainvestorreview.com)’s $40M commitment to Moroccan healthtech ABA Life, [Proparco](https://www.linkedin.com/company/proparco/?ref=africainvestorreview.com)’s dual facility deployments in Nigeria and Guinea, and [British International Investment](https://www.linkedin.com/company/british-international-investment/?ref=africainvestorreview.com)’s $7M debt package for [Okra Solar](https://www.linkedin.com/company/okra-solar/?ref=africainvestorreview.com). ### 01\. Harith Obtains Regulatory Clearance to Acquire FlySafair South Africa’s Competition Tribunal approved private equity firm Harith General Partners’ acquisition of a controlling stake in low-cost carrier FlySafair. The transaction positions Harith to integrate FlySafair into its broader regional transport and infrastructure investment portfolio, supporting commercial aviation expansion across Southern Africa. Target: [FlySafair](https://www.linkedin.com/company/flysafair/?ref=africainvestorreview.com) Amount: Undisclosed Type: Strategic Buyout / Control Acquisition Acquirer / Investors: [Harith](https://www.linkedin.com/company/harith-financiers-and-developers-of-infrastructure-projects/?ref=africainvestorreview.com) Sector: Aviation & Transport Infrastructure Country / Region: South Africa / Southern Africa ### 02\. EIB Global Commits $37.5M as Tanmiya Capital Fund II Closes at $130M EIB Global committed $37.5 million to Tanmiya Capital Fund II as the Egyptian growth equity vehicle reached an oversubscribed final close of $130 million. Managed by Tanmiya Capital Ventures, the fund targets mid-market manufacturing, export-oriented agribusiness, and consumer-facing enterprises across North Africa. Target: [Tanmiya Capital Ventures (TCV)](https://www.linkedin.com/company/tcv-previously-tanmiya-capital-ventures/?ref=africainvestorreview.com) Fund II Amount: $37.5 Million Commitment ($130 Million Fund Close) Type: Private Equity LP Fund Commitment Acquirer / Investors: [EIB Global | BEI Monde](https://www.linkedin.com/showcase/eib-global/?ref=africainvestorreview.com) & Institutional LPs Sector: Private Equity / Mid-Market Growth Country / Region: Egypt / North Africa ### 03\. Admaius Capital Commits $40M to Moroccan HealthTech ABA Life Pan-African private capital manager [Admaius Capital Partners](https://www.linkedin.com/company/admaius-capital-partners/?ref=africainvestorreview.com) committed $40 million to back Moroccan healthcare and healthtech platform ABA Life. The growth investment will expand ABA Life’s diagnostic footprint, specialty clinic network, and digital healthcare delivery channels across Francophone West and North Africa. Target: ABA Life Amount: $40 Million Type: Direct Growth Equity Investment Acquirer / Investors: [Admaius Capital Partners](https://www.linkedin.com/company/admaius-capital-partners/?ref=africainvestorreview.com) Sector: Healthcare & Healthtech Country / Region: Morocco / North Africa ### 04\. Proparco Deploys $30M Senior Credit Facility to Sterling Bank French development finance institution [Proparco](https://www.linkedin.com/company/proparco/?ref=africainvestorreview.com) executed a $30 million senior debt agreement with Nigeria’s [Sterling Bank](https://www.linkedin.com/company/sterling-bank-ltd/?ref=africainvestorreview.com). The facility is structured to expand access to long-term credit for local small and medium-sized enterprises (SMEs), prioritizing women-owned businesses and climate-resilient commercial projects. Target: [Sterling Bank](https://www.linkedin.com/company/sterling-bank-ltd/?ref=africainvestorreview.com) SME Financing Program Amount: $30 Million Type: Senior Debt Facility Acquirer / Investors: [Proparco](https://www.linkedin.com/company/proparco/?ref=africainvestorreview.com) Sector: Banking & SME Finance Country / Region: Nigeria / West Africa ### 05\. DPI Venture Capital Closes Nclude Fund Above $112M [Development Partners International (DPI)](https://www.linkedin.com/company/development-partners-international/?ref=africainvestorreview.com) Venture Capital completed the final close of its fintech and digital inclusion vehicle, Nclude Fund, at over $112 million, exceeding its original target. Capitalized with 93% African institutional capital, the fund will accelerate growth-stage investments in market-leading financial software and digital economy infrastructure. Target: Nclude Fund Amount: $112 Million+ Type: Venture Capital Fund Close Acquirer / Investors: DPI Venture Capital & African Institutional LPs Sector: Venture Capital / Fintech & Digital Country / Region: Regional Africa (Egypt Focus) ### 06\. British International Investment Directs $7M Debt to Okra Solar UK development finance institution [British International Investment](https://www.linkedin.com/company/british-international-investment/?ref=africainvestorreview.com) (BII) provided a $7 million debt facility to microgrid developer [Okra Solar](https://www.linkedin.com/company/okra-solar/?ref=africainvestorreview.com). The financing will fund the deployment of mesh-grid solar technologies to electrify off-grid rural communities and small commercial hubs across Sub-Saharan Africa. Target: [Okra Solar](https://www.linkedin.com/company/okra-solar/?ref=africainvestorreview.com) Amount: $7.0 Million Type: Senior Debt Facility Acquirer / Investors: [British International Investment](https://www.linkedin.com/company/british-international-investment/?ref=africainvestorreview.com) (BII) Sector: Renewable Energy & Off-Grid Solar Country / Region: Regional Sub-Saharan Africa ### 07\. Madica Secures $6M Extension to Scale African Startup Investments Pre-seed venture platform [Madica](https://www.linkedin.com/company/madica-vc/?ref=africainvestorreview.com) secured a $6 million capital extension from [Flourish Ventures](https://www.linkedin.com/company/flourishventures/?ref=africainvestorreview.com) to expand its investment scope to up to 30 early-stage African tech startups. Madica provides catalytic capital, structured executive mentorship,and corporate governance support to underrepresented founders across emerging tech ecosystems. Target: [Madica](https://www.linkedin.com/company/madica-vc/?ref=africainvestorreview.com) Program Capital Pool Amount: $6.0 Million Type: Venture Platform Capital Extension Acquirer / Investors: [Flourish Ventures](https://www.linkedin.com/company/flourishventures/?ref=africainvestorreview.com) Sector: Venture Capital / Early-Stage Tech Country / Region: Regional Africa ### 08\. APA Apollo Enters Tanzania via Dual 66.7% Stake Acquisitions Kenya-based APA Apollo Group entered the Tanzanian insurance market by acquiring controlling 66.7% equity stakes in [Meticulous General Insurance Company Limited](https://www.linkedin.com/company/meticulous-general-insurance-company-limited/?ref=africainvestorreview.com) and [Metro Life Assurance](https://www.linkedin.com/company/metro-tanzania/?ref=africainvestorreview.com). The cross-border acquisitions expand APA Apollo's regional underwriting capabilities across commercial non-life, health, and life insurance markets in East Africa. Target: [Meticulous General Insurance Company Limited](https://www.linkedin.com/company/meticulous-general-insurance-company-limited/?ref=africainvestorreview.com) & [Metro Life Assurance](https://www.linkedin.com/company/metro-tanzania/?ref=africainvestorreview.com) (66.7% Stakes) Amount: Undisclosed Type: Cross-Border Strategic M&A Acquirer / Investors: APA Apollo Group Sector: Insurance & Financial Services Country / Region: Tanzania / East Africa ### 09\. Bezant Resources Secures £4M Debt for Hope & Gorob Copper Expansion Namibian mining operator [Bezant Resources Plc](https://www.linkedin.com/company/bezant-resources-plc/?ref=africainvestorreview.com) secured a £4 million ($5.2 million) debt facility to fund expansion works at its Hope & Gorob copper-gold project. The capital deployment will finance near-surface resource drilling, feasibility study completion, and site infrastructure development. Target: Hope & Gorob Copper-Gold Project Amount: £4.0 Million (\~$5.2 Million) Type: Project Debt Facility Acquirer / Investors: Mining Debt Capital Syndicate Sector: Mining & Critical Metals Country / Region: Namibia / Southern Africa ### 10\. Proparco Injects €5M Senior Loan into Guinean Dairy SOGUIPAL [Proparco](https://www.linkedin.com/company/proparco/?ref=africainvestorreview.com) signed a €5 million ($5.4 million) senior debt facility with Guinean dairy processor SOGUIPAL. The long-term loan will finance the construction of modern processing facilities, local milk collection infrastructure, and cold-chain distribution networks to accelerate import substitution across West Africa. Target: SOGUIPAL (Société Guinéenne de Produits Alimentaires) Amount: $5.4 Million (€5.0 Million) Type: Senior Debt Facility Acquirer / Investors: [Proparco](https://www.linkedin.com/company/proparco/?ref=africainvestorreview.com) Sector: Agri-Processing & Industrial Manufacturing Country / Region: Guinea / West Africa --- ### The Intelligence Engine for African Private Capital Access complete transaction breakdowns, fund strategy updates, and market commentary directly on our platform. [Become a member](#/portal/signup)