Tag Archive for 'Venture capital'

12 questions Silicon Valley investors ask – focus for African policymakers

African tech superstar Alysia Silberg (General Partner, Street Global Venture Capital) says African policymakers keen to boost investment into Africa’s fast growing tech sector can focus on 12 investment questions asked by Silicon Valley.

African Venture Capital Association (AVCA) to provide PE data

The African Venture Capital Association and Cambridge Associates are to work together to provide extensive, independent aggregate African private equity and venture capital benchmark data and statistics to AVCA members and other industry participants.

SANAD Fund to target SMEs in North Africa and Middle East

Tiny, small and medium businesses in Egypt and Tunisia, later Algeria and Morocco, are set to benefit from a new €30 million ($43.2 mn) SANAD Fund for MSME.

Jacana partners with Ghana’s Fidelity Capital Partners private equity manager

Jacana, a UK-based group that supports emerging SME private equity firms in Africa, has launched its second investment, a strategic partnership with Ghanaian fund manager Fidelity Capital Partners Limited.

$250 million TMT and real estate fund raising capital in East Africa

Kenyan venture capital company East Africa Capital Partners Ltd is to begin raising its second fund next year, with a target size of USD250 million, after its success in fully investing $100 million of the first African Technology, Media and Telecommunications (ATMT) fund. The new fund is to focus on information technology, media and real estate.

Jacana makes first investment, into Kenya’s InReturn Capital

A UK-based investment and advisory firm concentrating on African venture capital managers has announced its first investment. Jacana Venture Partnership on 29 June announced that it will invest in InReturn Capital, a Kenya-based firm investing in East African small and medium enterprises.

Agri-Vie fund close to $100 million target, finding projects

Agricultural private equity fund Agri-Vie will reach its target of raising $100 million for investment in agricultural projects by February or March, according to an interview with Reuters. It says there is plenty of potential and plans a second fund of up to $300 million. Earlier in January the fund made 2 investments totalling $10 mln in 2 agricultural projects in Ethiopia and across the region, and it is close to finalizing a $4 mln investment in Tanzania.

$400 million fund for small and medium-size businesses

Aureos Capital at the start of November launched its $400m sub-Saharan private equity fund focusing on small- to mid-market companies. The Aureos Africa Fund was launched after feasibility and due diligence studies funded by the Commonwealth Secretariat.

Private equity $25 mln for East African media and telecoms

Emerging Capital Partners (ECP) announced on 22 September it has committed $25 million to Wananchi Group Holdings

Top African venture capital meeting (AVCA) coming to Cairo

Private equity and venture capital opportunities in Africa, billed “the world’s fastest-growing continent”, are on the agenda of the African Venture Capital Association (AVCA) 8th Annual Conference (http://www.avcaegypt2009.com).