Image Credit: Proparco Private Equity Capitalworks Secures $15 Million from Proparco for Fourth Flagship Fund to Back South African Mid-Market South African private equity heavyweight Capitalworks has secured a $15 million commitment from Proparco to drive mid-market expansion, strengthen ESG standards, and catalyze employment across the region. By Newsroom Team • a day ago
Moroccan Water Infrastructure Leader SNCE Welcomes CDG Invest Growth and Mediterrania Capital Partners as Minority Shareholders The historic hydraulic engineering firm is bringing in institutional investors to accelerate regional expansion across Africa and the Middle East while keeping the founding Laraqui family at the helm.
Sep 8, 2026 Capitalworks Secures $15 Million from Proparco for Fourth Flagship Fund to Back South African Mid-Market South African private equity heavyweight Capitalworks has secured a $15 million commitment from Proparco to drive mid-market expansion, strengthen ESG standards, and catalyze employment across the region. Image Credit: Proparco
Sep 5, 2026 Moroccan Water Infrastructure Leader SNCE Welcomes CDG Invest Growth and Mediterrania Capital Partners as Minority Shareholders The historic hydraulic engineering firm is bringing in institutional investors to accelerate regional expansion across Africa and the Middle East while keeping the founding Laraqui family at the helm. Image Credit: SNCE
Sep 4, 2026 AHL Venture Partners Hits $45.5 Million Second Close for Africa Credit Fund I Following $15 Million Commitment The pan-African debt fund has advanced toward its $70 million target, backed by Ceniarth and co-investors, to scale senior secured and mezzanine lending across high-impact sectors. Image Credit: AHL Venture Partners
Sep 3, 2026 Mauritius-Based AI Boutique Spoon Consulting Secures Minority Equity Investment from AfricInvest Small Cap Fund The specialized digital transformation consultancy has brought in AfricInvest to scale its proprietary AI architectures and accelerate expansion across Africa and Europe. Image Credit: AfricInvest
Dec 17, 2025 Diageo to Sell Controlling Stake in East African Breweries to Asahi in $4.8 Billion Deal Diageo plc has entered into a definitive agreement to divest its controlling shareholding in East African Breweries Limited (EABL) to Asahi Group Holdings in a landmark $4.8 billion transaction, reshaping the consumer goods and beverage landscape across East Africa. Image credit: Diageo
Jan 14, 2025 LemFi Secures $53M Series B Growth Capital Led by Highland Europe to Accelerate Global Cross-Border Platform LemFi has closed a $53 million Series B funding round led by Highland Europe to scale its cross-border financial services infrastructure and accelerate international market expansion. Copyright: CURLYN, Creator: CURLYN / Lemfi
Dec 9, 2024 Chappal Energies Completes Landmark $1.2 Billion Acquisition of Equinor’s Nigerian Assets Chappal Energies has officially finalized its landmark $1.2 billion acquisition of Equinor’s Nigerian upstream asset portfolio, expanding its operational footprint in West Africa's energy sector. Image credit: Equinor ASA
May 7, 2024 LIPTON Teas and Infusions Rebalances East African Footprint via Strategic Asset Sale to Browns Investments Lipton Teas and Infusions has rebalanced its East African operational footprint through a strategic asset sale of its tea estates to Browns Investments, shifting its business model toward a partnership approach in the region. Credit: Phoebe Fraser / FoodBev Media
Mar 4, 2024 Olam Agri Expands West African Footprint with €17M Acquisition of Senegalese Feed Manufacturer Avisen Olam Agri has expanded its West African presence by acquiring Senegalese animal feed manufacturer Avisen in a €17 million deal, deepening its regional agribusiness footprint. Credit: Olam Agri