Who's doing what in the African M&A space?


Who's doing what in the African M&A space?


Published Date: 2021-06-11 | Source: DealMakers | Author: Marylou Greig

Who's doing what in the African M&A space?

DealMakers AFRICA

  • EOS Capital, the Windhoek-based private equity firm, is to acquire The Mushara Collection which represents four types of luxury accommodation formats outside Etosha National Park in Northern Namibia. The deal will be done via its Allegrow Fund. Financial details were undisclosed.
  • Africa Lighthouse Capital, a private equity firm based in Gaborone, and Minet Group a Johannesburg-based pan-African risk insurance advisor, have acquired AON's shareholding in AON Botswana which will be rebranded as Minet Botswana. The addition to the African network will allow for the growth opportunities that Africa offers, driven by rising consumer demand and huge investment in infrastructure while providing a positive impact on its range of products and services.
  • Dislog Group and SPE Capital Partners have exited from H&S Invest Holding. The firms were invested in the Moroccan company via the fund SPE AIF I. Following the transaction, the company will be 100% owned by the Belkhayat Family and management.
  • Orange Middle East and Africa and AXA Assurance Maroc are to jointly acquire a majority stake in DabaDoc, a Moroccan healthtech company digitalising access to healthcare in Africa. The investment will accelerate DabaDoc's growth and extend its services beyond Morocco, Tunisia and Algeria. AXA first invested in DabaDoc in 2018.
  • Addis Ababa Angels Network, a group of individual investors whose aim is to promote economic development and sustainability in Ethiopia, has invested an undisclosed sum in Eshi Express, a delivery service firm based in Addis Ababa.
  • Kibanda TopUp, a Nairobi-based startup which aims to digitise the supply chain for small restaurants on the continent, has raised US$460,000 in pre-seed funding to scale the size of its business. Funds were raised from investors led by JAM Fund.

  • DealMakers Africa is the Continent's M&A publication.

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