DealMakers AFRICA

Noma Services Consolidated, a Nigerian agribusiness specialising in the aggregation and processing of commodities including rice, maize, sorghum, and beans, has closed a US$650,000 loan facility from Sahel Capital’s Social Enterprise Fund for Agriculture in Africa (SEFAA). The facility comprises $400,000 for working capital and $250,000 for capital expenditure.

Egyptian integrated e-commerce last-mile delivery and fulfilment company, Mylerz Egypt, has raised more than US$2 million (EGP100 million) in a funding round led by Lorax Capital Partners, with participation from Fawry and a group of existing investors. The new debt and equity funding be deployed to bolster Mylerz Egypt’s continued growth across the Egyptian market.

Impact Fund Denmark is investing €25 million in subordinated debt to NSIA Bank in Côte d’Ivoire, a subsidiary of the pan-African NSIA Group, to support its plans to increase lending to micro, small and medium-sized enterprises (MSMEs) annually over the coming years. The investment will strengthen the bank’s capital base, enabling it to scale lending to underserved MSMEs and support its long-term growth strategy.

TLG Capital has announced a US$5 million private credit facility for SHONA Capital, backing the SMEs that will drive Uganda’s next chapter of growth. The facility was designed to accelerate SHONA’s next phase of growth: quadrupling their loan book, expanding across Uganda, and attracting additional institutional partners. At the core of SHONA Capital’s model is its proprietary underwriting process and technology, which automates borrower onboarding, data processing, credit assessment, and management support. This allows SHONA Capital to disburse funds within 5 – 10 days, advancing digital financial inclusion for businesses that banks and microfinance institutions have historically been unable to reach.

Raxio Group, the African data centre platform, has surpassed US$380 million in committed capital as shareholders Meridiam and Roha increased their support for the company’s next phase of growth. The additional equity from Roha and Meridiam extends Raxio’s capital base from a previous $350 million, building on a $100 million financing package secured from the World Bank Group’s International Finance Corporation (IFC) last year, along with debt funding from Proparco and the Emerging Africa & Asia Infrastructure Fund (EAAIF).

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