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Here’s a summary of last week’s five most widely read articles. African Private Equity News.
1. DPI signs $190 million deal with Alameda Healthcare
Development Partners International (DPI) has completed a $190 million investment in Egyptian private healthcare group Alameda Healthcare. This funding, which is the largest healthcare investment of its kind in Egypt to date, will accelerate Alameda’s strategic expansion within Egypt, across the Gulf Cooperation Council, and into sub-Saharan Africa. Since DPI signed its first agreement, Alameda has already expanded its footprint with clinics in Kenya and announced a multi-year strategic partnership with Houston Methodist to advance patient-centered care. Chairman Dr. Fahadh Carter will maintain his position as a major shareholder. Read the full article
2. AP Moller Capital completes final close of Morocco transport and logistics fund
Danish investment firm AP Moller Capital has announced the final close of its APM Capital Morocco Fund, securing a total of 2.24 billion Moroccan dirhams (approximately $243 million). The vehicle secured investment of Moroccan Dirham 1.64 billion from local and international institutional investors, including the King Mohammed VI Investment Fund, complemented by a co-investment of Moroccan Dirham 600 million from AP Moller’s Emerging Markets Infrastructure Fund II. The fund targets companies in industries such as express logistics, 3PL, air cargo handling, and cold storage. Read the full article
3. IFC proposes investment in Aruwa Capital Fund II
The International Finance Corporation (IFC) is considering a commitment of up to $8 million to Arwa Capital Fund II. The fund aims to raise $50 million with a hard cap of $60 million. The fund, managed by Lagos-based Arwa Capital Management, will focus on growth-stage small and medium-sized enterprises in West Africa, primarily Nigeria, with up to 20% allocated to Ghana. Read the full article
4. Terra Industries raises additional capital
Nigerian defense technology startup Terra Industries has secured an additional $22 million in funding led by Lux Capital, expanding its recent round to a total of $34 million. Founded in 2024, Terra builds autonomous security systems. Read the full article
5. Sango Capital promotes Jonathan Sengendo
Sango Capital, a Johannesburg-based investment management firm that invests in Africa’s private markets, has promoted Jonathan Sengendo to partner. Sengondo joined Sango Capital from Goldman Sachs in 2019. He has worked across the firm’s investment platforms, including direct and fund investments. He was also involved in the initial establishment of Sango Capital’s permanent capital vehicle. Read the full article
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