Weekly Wrap, October 25th, 2021; SGH adds second petrochemicals asset to portfolio, Ezdehar lands another DFI commitment, Afreximbank seeks new FEDA CEO, and more…

Image Credit: Pixabay

Last week in brief…October 25th, 2021

We led this week with news of the second deal of recent weeks transacted by investment holding company Sakhumnotho Group Holdings or SGH. This time, the Johannesburg-based investor is taking a 26% stake in a company holding Refinex, one of Southern Africa’s largest privately-held petrochemical companies, and SA Tank Terminals (SATT), a bulk liquid storage company. Rather coincidentally, the deal values the combined assets at about $26 million. Both SGH and the company management teams aim to build the businesses up into important players in their market sectors.

To read this article, you must be a paid subscription member. (Current members login here)


Reserve your digital subscription today

Join now for $35 per month

Join now for $395 per year

for access to:

  • Weekly newsletter with original and curated news, analysis and perspective
  • Africa’s private capital deals, fund raises and the investment firms and executives involved
  • Portfolio company news that impacts value and stakeholder participation
  • Job moves and partnerships between leading market participants
  • Exclusive access to Africa Capital Digest’s full content archive

If you’d like more information on exceptional value group subscriptions for your colleagues and teams, please contact Teresa Hall at thall[at]africacapitaldigest.com today.