Monday 11 December 2017

SAVCA/RisCura: SA Private Equity Shows Ten-Year IRR of 19%

The latest RisCura-SAVCA South African Private Equity Performance Report for the first quarter of 2016 shows that the South African private equity industry remains resilient, delivering a ten-year internal rate of return (IRR) of 19% at the...

XSML Announce First Investment from African Rivers Fund

SME fund manager XSML have announced the first investment from their new African Rivers fund (ARF): Institut Aurora in DRC’s capital Kinshasa. Institut Aurora offers nursery, primary and secondary education, a French Lycée curriculum as well as...

XSML Reach First USD45m Close for African Rivers Fund

SME fund manager XSML have announced the first close of their African Rivers Fund (ARF) at USD45m. The new fund, XSML’s second, is backed by their existing investors, IFC, FMO and Lundin Foundation. New investors include Belgian BIO,...

ECP Complete NSIA Exit to Amethis and National Bank of Canada

First announced in March 2015, ECP’s exist from West and Central African banking group Nouvelle Societé Interafricaine d’Assurance Participations SA (NSIA) to Amethis Finance and National Bank of Canada has been completed. For National Bank, this is the...

XSML Fund DRC Toilet Paper Producer

Truly a consumer-based investment: Through their Central Africa SME Fund (CASF), fund manager XSLM have invested in Ets Lejack’s toilet paper production business. In addition to this product, the company also runs printing shops and produces candles. The...

XSML Finance Real Estate Firm in DRC’s Katanga Province

Real estate development has become a very popular investor target across the continent, and Dutch SME fund manager XSML are getting in on the game, announcing an investment in Manoah Investments SARL in Lubumbashi, DRC’s Katanga Province. XSML’s funding...

XSML Invest in DRC’s Hydrotek

Central Africa fund manager XSML have announced a new DRC investment, this time in Hydrotek SARL, incorporated in Lubumbashi in 2012. The company sells pipes, pumps, valves, and provides installation and maintenance services. It serves mining firms, the...

ECP Exit Oragroup to Gabon’s Strategic Investment Fund

Emerging Capital Partners (ECP) have sold their stake in Oragroup, the Togo-incorporated regional bank holding company, to Gabon’s Strategic Investment Fund (GSIF) after a five-year holding period at 2.2x the initial investment. This investment had been...

AFIG Raise Additional USD18.4m from CDC

CDC have announced a further commitment of USD18.4m to the Advanced Finance and Investment Group’s (AFIG) Atlantic Coast Regional Fund (ACRF), which raises their overall commitment to USD33.4m. AFIG are in the process of a rights issue that will increase...

XSML Invest in Kinshasa Restaurant

If you could previously often join the dots in XSML’s portfolio – a few retail operations here and there, a budding collection of transport companies – the latest investment appears a bit out of the ordinary: the Dutch fund manager announced an investment...

Pages