Private equity
Enimiro gets One Acre Ventures investment
One Acre Ventures said it will invest in Enimiro Uganda, an agribusiness company that works with smallholder farmers, to finance its expansion into coffee processing
Africa Go Green provides $18m debt facility to finance Cold Solutions Kazi’s cold storage facility
The loan will finance the construction of a cold storage facility with capacity for up to 8,000 pallets in Namanve Industrial Park
Africa Capitalworks SSA 3
Quality Chemical Industries gets new owner as Cipla exits
Africa Capitalworks SSA 3, an investment vehicle based in Mauritius, is the new majority shareholder of the pharmaceutical company
Coffee firm that pays farmers ‘competitive prices’ gets Sh3.2bn in investment funding
JKCC General Supplies says it buys coffee from rural farmers at fair prices and pays them on time, freeing them from extortionate middlemen
Bitature, South African lender fight over $30m property loan
A long-running fight between Ugandan businessman Patrick Bitature and Vantage Capital has gone a notch higher with the lender seeking to auction the jewels of Bitature’s real estate empire in Kampala
International investment funds biggest winners in Umeme dividend payments
International investment funds – with the exception of the National Social Security Fund - will be the biggest earners from the Umeme Ltd dividend payout