Ninety One seals 1st exit
Ninety One, formerly Investec Asset Management (IAM) has partially exited its stake in a Botswana-based consumer goods distribution holding company – sealing its first...
Convergence carve-out deal finalised
Convergence Partners’ deal to carve-out South Africa-based technology services company, Vodacom Business Africa’s businesses in three countries has been finalised.
The investor is buying Vodacom’s...
US investor in follow-on deal
A US-based early-stage investor has sealed a follow-on deal, backing its Egypt-based technology portfolio company
Accel Venture Partners has backed a $5 million series-A funding...
SA investor taps COVID opportunity
A South Africa-based investor has sealed a deal to inject additional capital into its financial services technology portfolio company, that is  raising capital to...
GP misses fund target
Novastar Ventures has steered its sophomore regional vehicle to final close, missing its target by about 10%. The number of LPs in the fund...
ECP portfolio in carve-out deal
Emerging Capital Partners (ECP)’s South Africa based financial services portfolio company has backed a carve-out deal, buying business operations from a private equity backed...