Tuesday 23 May 2017

Catalyst Announce Investment in EFFCO Tanzania Ltd

Tanzania may be a confounding place for many people, but Nairobi PE firm Catalyst Principal Partners seem to like it there: they have just announced their third deal in the country, the acquisition of a controlling stake in heavy equipment rental and...

Carlyle Team Up Again for Second Africa Deal

Carlyle have announced their second deal in sub Saharan Africa with an investment in J&J Africa, an Mozambique-incorporated regional transport company. J&J Africa transport goods from Mozambique’s Port of Beira to neighbouring Zambia, Malawi and...

XSML Add to DRC Transport Portfolio with Another Trucking Firm

Dutch fund manager XSML have added another trucking firm, Kinshasa-incorporated Cotrama Sprl, to their DRC transport portfolio. With its fleet of around 40 trucks, Cotrama provide transport services mainly between Kinshasa and Bas Congo, focusing on large...

XSML Grow Transport Portfolio with DRC Trucking Firm Investment

XSML have acquired an undisclosed stake in DRC transport company Alpha Transport. Alpha, headquartered in Likasi in Katanga Province, offer long-distance transport services as well as equipment leasing for mining and construction firms. The company will...

Jacana Invest in Tanzanian Cargo Handling Firm

Together with the Soros Economic Development Fund (SEDF), SME investors Jacana Partners have acquired an undisclosed stake in DSM Corridor Group (DCG), a bulk cargo handling company in Tanzania’s capital Dar es Salaam. DCG was founded in 2004 and offers...

XSML Add to Transport Portfolio with CAR Acquisition

Fund Managers XSML have just announced another investment with the acquisition of a stake in Bamara Transports DJ in the Central African Republic (CAR) through their Central Africa SME Fund (CASF). CAR has a very limited transport industry and mostly...

Over the River and Through the Woods with XSML

Adventurous central African PE investors XSML have invested in Congolese river and road transport company SOGETRA. The investment will be used for the construction of new tug boats and barges for transport on the river Congo. With the extra cash, SOGETRA...

Trans-Century to Buyout Civicon Engineering Group

Kenyan public investment house and private equity firm Trans-Century Ltd has issued a notice to its shareholders announcing its intent to purchase a controlling stake in East African engineering and logistics group Civicon Ltd. Civicon is headquartered in Kenya, with operations in the DRC, Rwanda, South Sudan, Tanzania and...

ECOWAS Sea Trade Link Seeks Private Investors

Nigeria’s NEXT reports that the Economic Community of West African States (ECOWAS) has backed a USD60m sea trade link project and is seeking finance from the private sector. The project will establish a maritime shipping company to facilitate trade within West Africa. It also has support from the Nigerian Export Import Bank...