July 2023 – Page 4 – Africa Capital Digest

News Ticker

[ October 15, 2026 ] Cascador and Sterling Bank Launch US$200m Credit Backstop Fund for Nigerian SMEs Debt
[ October 11, 2026 ] Old Mutual Private Equity Sells MoreCorp to RMB Ventures Deals
[ October 11, 2026 ] Infinite Partners Closes Core Equity Fund II Above Target Funds
[ October 11, 2026 ] PIDG’s InfraCo Leads Equity Portion of East Africa Foods’ $40M Capital Raise Deals
[ October 11, 2026 ] Proparco adds US$20 million to Frogfoot, Vox and Hypa recapitalisation Deals

Norfund and AFIG Funds team up to buy packaging business

Alter Semper chooses MYDAWA for first digital healthcare deal in Africa

Invest International among those backing uMunthu II’s first close

Absa provides mobility fintech Moove with additional financing

BlueOrchard holds second close for latest climate insurance fund

TLG Capital leads debt/equity round for invoice financing startup

Support builds for Africa50’s Infrastructure Acceleration Fund

Verod Kepple makes investment in Moroccan B2B ecommerce startup

Weekly Wrap, July 3rd, 2023; EAIF backs Eastcastle Infrastructure’s tower expansion, DFC joins LP rosters for 2 funds, BluePeak wins commitment from AfDB, and more…

EAIF invests debt to support Eastcastle’s TowerCo ambitions

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