DealMakers AFRICA

Moniepoint has acquired end-to-end business management platform for restaurants and food businesses, Orda Africa for an undisclosed sum. Orda will become part of the Moniebook platform, delivering a complete solution tailored to the food service industry.

French development finance institution, Proparco, and RMBV, an independent investment firm focused on North Africa, announced their joint investment in Moroccan integrated agro-industrial group, Africa Feed & Food (AFF) through a MAD850 million capital increase. The funds raised will be used to accelerate AFF’s development around three priorities: increasing its industrial capacity in Morocco, strengthening vertical integration, and expanding its operations geographically in West Africa, particularly in Senegal and Mauritania.

BFA Asset Management’s Kimbo Fund, has committed US$1,2 million to Anda, an Angolan mobility company. These funds will support Anda’s multi-asset growth, spanning motorcycles, tuk-tuks, and cars, as well as continued investment in cutting-edge technology as they leverage artificial intelligence to better serve their customers at scale.

The Private Infrastructure Development Group (PIDG) has committed €4,3 million to scale Afreenergy Solar, a specialised platform developing clean energy solutions for commercial and industrial (C&I) customers in Senegal, with the ambition to expand over time into selected markets in West and Central Africa. The project will see Afreenergy Solar scale its operations to deliver up to 30MW of solar energy and up to 10MWh of battery energy storage systems (BESS). Delivered in two phases, the company will engage clients across a number of sectors – including agro-industry, logistics and other energy-intensive industrial segments – aggregating multiple sites to reduce per-site costs.

Adenia Entrepreneurial Fund I, which just closed at its hard cap of US$180 million, has announced its first investment, acquiring a stake in Maymana for an undisclosed sum. Maymana is female-founded, female-led and family-run. The Moroccan company’s offering includes traditional Moroccan pastries, bakery and viennoiserie products, fine grocery items, and gourmet catering services.

The International Finance Corporation has announced a US$45 million corporate financing package investment consisting of an A‑Loan of $27 million and $18 million in blended finance from the Canada‑IFC Blended Climate Finance Program and the IDA20 Private Sector Window Blended Finance Facility, in IPT PowerTech, a Telecom Energy Service Company (T‑ESCO), to expand clean and reliable power for telecom networks in Ethiopia, Liberia, and Sierra Leone.

Starsight Energy Africa Group, a provider of clean energy solutions for commercial and industrial (C&I) customers across sub-Saharan Africa, has secured US$15 million mezzanine debt funding from British International Investment (BII). The funding will drive growth in Starsight’s existing West African operations, with Nigeria earmarked to receive the majority of the funding.

Strides Pharma Science announced that its step‑down subsidiary, Strides Pharma International AG (SPIAG), has entered into a definitive agreement with Sandoz AG for the acquisition and in‑licensing of a portfolio of branded generic products across sub‑Saharan Africa (SSA). The agreement spans four key markets—Western Sahara (covering 10 countries), Ghana, Nigeria, and Kenya. The branded generics portfolio of Sandoz, as a part of this deal, includes multiple brands across anti‑infective, cardiovascular, and dermatology therapeutic segments. The initial consideration for the transaction is US$12 million.

DealMakers AFRICA is the continent’s quarterly M&A publication
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