Allan Cunningham

A new $7m working capital facility for @okrasolar from @BritishIntInv - lnkd.in/eJwRm8KN - allows the mesh grid provider to buy manufacturing inputs upfront and in greater volumes. #africa #privatedebt #investment #deal #renewableenergy #solar #news

An #exit for @SummitAfr's debut fund has completed its exit from - lnkd.in/e7JPCgPi - selling its 51% interest in South African SMME rental financier Custom Capital Finance to a club led by #privateequity investor @SaadInvestment. #africa #deal #investment #SMME #news

18 months after joining @MediterraniaP to build its West African presence, Maty Ndiaye has been promoted to partner at the #Africa-focused #privateequity fund manager - lnkd.in/e-4Hrwbu - She'll still lead the firm’s regional platform and contribute to strategy and growth.

A final close for Tanmiya Capital Ventures' second, raising US$130m, or US$10m above goal - lnkd.in/ep9Sqx4m - the generalist #privateequity fund will back mid-cap Egyptian firms with strong management teams and expansion potential #africa #MENA #fundclose #fundraise #news

n a $50m deal, RMBV will invest growth capital via its 3rd North Africa #privateequity fund to take joint control Atco Pharma alongside existing shareholders - lnkd.in/eE_qSXz3 - the new capital will help expand its human and veterinary drug portfolio #africa #MENA #deal

Admaius Capital has taken a stake in Morocco's @abalifemedicina for US$40m - lnkd.in/e3eskWb7 - the fresh capital will be used to roll out its technologies and services, and expand internationally. #africa #MENA #privateequity #investment #deal #news

US-based Aries Media Ventures launches its debut #Africa media-tech fund - lnkd.in/g8HCk7AD - it'll back early-stage media-tech startups serving #SubSaharanAfrica. It's already backed Aktivate, @Hustle_Sasa, and @BookMahali #VentureCapital #seedcapital #fundlaunch #news

A new deal for @helios_invest's fifth #private equity fund that's taking a significant minority stake in @Merec, Mozambique’s largest flour miller - lnkd.in/gUbV_mtP - Helios V now has a 49% stake. #africa #privateequity #investment #deal #news #secondary

The @AIIB_McMun (AIIB) is investing $50m in @tpg Rise's Climate Global South Initiative Fund, covering members in Asia, Middle East, and #Africa, allocating an extra $50m for co-investments -lnkd.in/gK_25WFY #globalsouth #privatecapital #privateequity #fundcommitment #DFI

British #DFI @BritishIntInv is assembling a capital markets team to attract commercial capital into the emerging markets it invests in - lnkd.in/gA3pN2_P - Jo Fry leads the new group, syndicating BII deals and backing blended finance and securitised assets. #news #strategy

A new partner at @MediterraniaP. Noha El Ghazaly, leader of the #privateequity firm's Egyptian office, has been promoted - lnkd.in/gYzwP7rH #africa #MENA #newjob #promotion #news

An #exit for @RMBCIB Ventures selling its stake in seaweed biostimulant producer #Afrikelp 7 years after leading its management buyout - lnkd.in/gTYiJjkF - the buyer is Sustainable Agro Solutions. #africa #portfolioexit #deal #investment #news

The @EBRD has arranged financing for Africa's largest #solarplant - lnkd.in/gJYeEJjP - a loan of up to US$265m to Nefer Menya for Renewable Energy, the SPV developing a 1.2GW solar plant and 600MWh battery energy storage system in Egypt. #africa #egypt #privatedebt #deal

Laura Vecvagare will lead @IFCAfrica's regional brief for #infrastructure and #naturalresources in East and Southern #Africa - lnkd.in/g7DJQ9NM - she'll focus on the #power, #transport, #telecomms, #municipalinfrastructure, and natural resources sectors. #newjob #news

Here's @AfCDigest's wrap of the key #privatecapital #dealmaking and #fundraising news from #Africa last week - conta.cc/47FtITm - @helios_invest, @RMBCIB, @EBRD, @FMO_development, @MediterraniaP, @IFCAfrica, @Africa50Infra, make the #news... #privateequity #privatecredit

Some #liquidity for early investors in startup @kuunda last week - lnkd.in/gfgwNZ68 - E4EAfrica led @AccionVentures_ , Portugal Gateway Fund, and @Seedstars Africa Ventures in a deal to buy the interests of 8 of the #fintech's shareholders. #africa #venturecapital #deal

A second #realestate fund for @AfricaWorks Investment Partners - lnkd.in/g7xqqqJg - the #privateequity Fund has secured equity and debt from a dozen LPs, including French private investors and African family offices, to buy mixed-use assets in Abidjan and Dakar. #africa

Lagos-based @Bisedge_Limited has raised debt from @Finnfund in the #DFI's first #EV investment in Africa - lnkd.in/gEnTcEfT - the money will be used to expand its fleet of electric forklifts and related equipment in Nigeria, Kenya, and Tanzania. #africa #investment #Deal

A new fund from @FinanceEarth and @Fsd_Africa - lnkd.in/gq39R_XF - the $100M Africa Nature Impact Fund will invest in early-stage nature and nature-based carbon projects across #Africa. @AfCDigest #privatecapital #investment #fundlaunch #news #climate #carbon #nature