African Infrastructure Investment Managers (AIIM) has completed a USD80m capital increase for AIIF3, its pan-Africa infrastructure fund, bringing the total capital committed to the vehicle to USD400m. Read more… Read More
Ethos Capital has sold a 1.4% stake in Channel VAS, a UAE-based provider of airtime credit services and mobile financial solutions across emerging markets, for USD5m. Ethos retains a 8.89% stake in the company. Read more… Read More
Shenzhen Capital Group led a CNY6b (approximately USD912m) Series A for Yunwang Wandian, the e-commerce and online retail arm of China-based retailer Suning.com, with participation from SenseRobot Management, Fengyun Capital, V Star Capital, Central China International Asset Management, Softfir Capital, and others. Read more… Read More
Finch Capital led an undisclosed investment in Pintek, a fintech providing credit to students and education institutions in Indonesia, with participation from Accion Venture Lab and unnamed angel investors. Read more… Read More
Kinea has acquired a minority stake in Verzani & Sandrini, a Brazil-based security, maintenance, and facilities management company, for BRL150m (approximately USD28m). Read more… Read More
Criterion Africa Partners has exited Uganda-based timber plantation Global Woods via a sale to Nile Fibrewood for an undisclosed amount. Read more… Read More
KaszeK Ventures led a USD2.5m seed round for Brazil-based antifraud startup Legiti, with participation from Global Founders Capital, Iporanga Ventures, and Norte Ventures. Read more… Read More
Harith General Partners and the Pembani Remgro Infrastructure Fund are investing an undisclosed amount in Zimborders Mauritius, an entity set up to develop the USD296m Zimbabwe Beitbridge border post complex. Read more… Read More
Axiom Asia Private Capital has reached a USD1.8b final close for Axiom Asia VI, its sixth Asia-focused fund-of-funds. Read more… Read More
KV Asia Capital has fully exited Malaysia-based grocery retailer TF Value Mart via a sale to Intermediate Capital Group (ICG) for an undisclosed amount. Read more… Read More
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