Udo Udoma & Belo-Osagie’s Post

Africa-focused mezzanine fund manager Vantage Capital has closed a €66 million mezzanine investment in Camusat Holding, the proceeds of which will be used to refinance debt and fund the capital expenditure required for expansion of the group’s AktivCo division. The deal forms part of a broader €81 million financing package, arranged in partnership with European investment group Eurazeo. Camusat is a telecommunications player involved in the deployment and management of telecom infrastructure. The group operates across 20 countries (including 15 on the African continent) and through two synergistic divisions, AktivCo and OpCo. Read the full article: https://lnkd.in/dVerZxXv * Stay ahead in Africa's private equity and venture capital sector with Africa Private Equity News’ monthly Dealmaker’s Log – a database of reported investment deals, exits, and fundraising closes. Subscribe here: https://lnkd.in/duy5dWPs Luc Albinski 

India/SE Asia-focused private markets fund manager Everstone Group adds to their executive ranks former Indian sovereign wealth entity National Investment and Infrastructure Fund (NIIF) Managing Director and CEO Sujoy Bose, who was also previously Global Head of Infrastructure and Natural Resources at leading Washington DC-based development finance institution IFC - International Finance Corporation. This is a significant move at a significant inflection point for Everstone Group who have been investing in India, SE Asia and the US as one of the few remaining early market movers since 2007 with strategies across #privateequity, #renewableenergy and #climate #infrastructure, #realestate, #logistics, and #growthcapital. While India fund returns to limited partners, especially on a US dollar basis, have had challenges pre-2014, Everstone Group India's more recent Fund III and Fund IV seem to be making commendable progress and I have heard praise from co-investors in #japan and #unitedstates for successful realized co-investments in India with Everstone Group. With India being one of the more sought out markets for private and public capital investors, it will be interesting to track Everstone Group's further realizations to LPs and fundraising plans. You should too! #alternativeassets #privatemarkets #india #singapore #seasia #fundmanagers #capitalmarkets #fundraising #japan https://lnkd.in/g3yXuWib

𝐓𝐚𝐧𝐳𝐚𝐧𝐢𝐚'𝐬 𝐂𝐌𝐒𝐀 𝐏𝐫𝐢𝐯𝐚𝐭𝐞 𝐄𝐪𝐮𝐢𝐭𝐲, 𝐕𝐞𝐧𝐭𝐮𝐫𝐞 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 & 𝐒𝐚𝐧𝐝𝐛𝐨𝐱 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐢𝐨𝐧𝐬 𝐈𝐦𝐩𝐚𝐜𝐭 𝐨𝐧 𝐆𝐫𝐨𝐰𝐭𝐡 & 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 The recent publication of Private Equity (PE), Venture Capital (VC), and Sandbox Regulations by Tanzania's Capital Markets and Securities Authority (CMSA) signals a transformative shift in the country's investment landscape. These new frameworks aim to bolster innovation, attract capital, and foster financial inclusion by providing a structured environment for alternative investments and fintech solutions. CNBC Africa spoke to Praygod Japhet Head of Programs and Operations at Tanzania Startup Association to unpack some of the highlights and more. Listen Here ➡️ shorturl.at/Dn2qm #TanzaniaStartupAssociation #TSA #TanzaniaStartupEcosystem #VCFund

TLcom Capital LLP, the Africa-focused #venturecapitalfirm, announced the #finalclose of its @TIDE Africa Fund II at $154 million. At more than twice the #size of TLcom Capital’s first fund, TIDE Africa Fund II is #oversubscribed and sees #participation from several #newLPs alongside #returningLPs from the firm’s first #Africafocusedfund, TIDE Africa Fund I, closed in 2020. These include the European Investment Bank (EIB); Allianz and DEG Impact’s joint venture, @AfricaGrow; Visa Foundation; and Bertelsmann Investments. https://lnkd.in/epGXmVuX

Ndovu Wealth Launches Affordable Money Market Fund Targeting Kenyan Investors. Wealth-tech startup Ndovu Wealth has launched a new Money Market Fund, offering Kenyans a low-risk investment opportunity with a minimum entry of just KSh 500. Approved by the Capital Markets Authority, the fund will invest in high-quality short-term securities, including Treasury Bills, Treasury Bonds, and commercial paper. Ndovu’s CEO, Radhika Bhachu, highlighted the firm’s goal to democratize wealth creation by offering accessible and secure investment options. The platform aims to empower Kenyans to diversify their portfolios and achieve long-term financial goals. Read More: https://bit.ly/4gMBvC6 #MMF #NdovuWealth #Investors

As one of Nigeria's earliest VC fund managers, I've reviewed thousands of deals and exited multiple portfolio companies. In this video, I share what I look for when I am investing. What's your experience? Share your insights! #venturecapital #growth #Africa

Abyan Capital secured $18 million in Series A funding led by STV, with participation from Wa'ed Ventures and RZM Investment, marking a significant milestone in Saudi Arabia’s robo-advisory sector. #AbyanCapital #SeriesAFunding #STV #WaedVentures #RZMInvestment #RoboAdvisory #SaudiArabia #FinancialTechnology #InvestmentNews

ChrysCapital closes its $700 million continuation fund in India

Reflecting on my experience in public market investing, I was struck by the high level of respect accorded to all shareholders, regardless of their stake. At annual general meetings (AGMs), directors of Nigeria's largest banks would personally greet every shareholder, demonstrating a commitment to accountability. This culture of transparency and openness is exemplified by Aliko Dangote, Nigeria's richest man, who is still obligated to answer questions from all shareholders, including those with a single share. Similarly, Warren Buffett, one of the world's richest individuals, subjects himself to rigorous scrutiny at his famous annual AGMs in Omaha. However, the venture capital industry, particularly during the Zero Interest Rate Policy (ZIRP) era, demonstrated notable deficiencies in corporate governance and transparency, specifically in the dynamics between startup founders and shareholders. This shortcomings led to a disconnect in accountability and oversight, warranting a re-examination of the industry practices. To gain insights into the evolving venture capital landscape and the growing emphasis on corporate governance, I invite you to watch my video, "The Future of Venture Capital" below. *Full link in the comments*