The Great Debate: Infrastructure Investing in SA vs the Rest of the Continent
29 June 2022 It’s a well-known fact that infrastructure investment is urgently needed across Africa, including in South Africa. The African Development Bank estimates that the continent’s infrastructure financing needs will be as much as $170 billion a year by 2025, with an estimated gap of around $100 billion a year. And in the private…
Read MorePositive outlook for the PE industry’s impact on SAs socioeconomic development
The Southern African Venture Capital and Private Equity Association (SAVCA) recently hosted its first in-person private equity (PE) conference since before the pandemic hit our shores in early 2020. Over 400 local and international delegates attended the two-day event which took place at the beautiful Ashanti Estate in Paarl, Western Cape. Tanya van Lill, outgoing…
Read MoreMEDIA RELEASE| SAVCA APPOINTS TWO NEW BOARD MEMBERS
The Southern African Venture Capital and Private Equity Association (SAVCA) – the industry body for private equity and venture capital in Southern Africa –welcomes two new directors to its board, following the virtual SAVCA Annual General Meeting (AGM) held on 7 October 2020. SAVCA CEO, Tanya van Lill says that the new appointees – Natalie…
Read MorePRESS RELEASE| SA PRIVATE EQUITY REMAINS FAVOURABLE RELATIVE TO LISTED MARKET
The latest RisCura-SAVCA South African Private Equity Performance Report reveals that the country’s private equity industry has again outperformed listed equity over the medium-term, as of December 2019. The 2019 fourth quarter report, which tracks a representative basket of private equity funds in South Africa, shows outperformance across all three listed benchmarks over the five-year…
Read MorePRESS RELEASE| PRIVATE EQUITY INDUSTRY WELL POSITIONED TO NAVIGATE COVID-19 CRISIS
After experiencing accelerated growth for the last three years, Sub-Saharan Africa is expected to go deep into contractionary territory in 2020. Highlights from the SAVCA 2020 Private Equity Industry Survey, however, indicate that the private equity industry remained resilient in the face of weak macroeconomic circumstances during the 2019 calendar year, which bodes well for…
Read MorePRESS RELEASE: SAVCA CALLS FOR REGULATION 28 AMENDMENTS TO SUPPORT SA’s ECONOMIC RECOVERY
Private equity and venture capital funds (‘private equity’) play a unique function in the investment marketplace because they are actively involved in growing companies and their workforces. This differentiates private equity from hedge funds, collective investment schemes and other institutional investors, which generally play no active role in the strategic growth of companies. Despite this…
Read MorePrivate equity and venture capital industry pledges over 1 100 hours to assist SMMEs
April 07 2020: South African businesses are facing the battle of their lives. To ensure as many companies as possible survive the COVID-19 economic crisis, the Southern African Venture Capital and Private Equity Association (SAVCA) has launched a small, medium and micro enterprise (SMME) support platform in collaboration with is membership network, which consist of…
Read MorePRESS RELEASE: Policy interventions required to support SA companies in bridging the COVID-19 crisis
News of Edcon’s cash crisis and inability to pay suppliers is a clear warning of the serious economic damage the COVID-19 crisis is causing. Edcon has said it will work on a reopening strategy, but may fail to find a viable route without Government and other support. Edcon’s current position is not unique and will…
Read MoreThe SA venture capital and private equity industry responds to the Covid-19 crisis
The Covid-19 epidemic is an unprecedented public health and economic crisis. The private equity and venture capital industry manages R175-billion of investments in private companies, mostly small- and medium-sized businesses, on behalf of pension funds and other investors. We are at the front line of working with particularly small- and -medium sized companies to confront…
Read MoreThe fundamental role of Private Equity | INTO AFRICA May 2019 Edition
Private Equity has maintained its key role in Africa’s economic transformation and sustainable growth by supporting small-medium enterprises as well as promoting impact and sustainable investment in Africa. Private equity has also helped innovative and dynamic African companies achieve their ambition who may otherwise be limited only by a lack of capital and experience. Shelley…
Read MoreThe Role of Venture Capitalist (VC) in Driving Job Creation in South Africa | TechInAfrica
Last year, South Africa’s unemployment rate hit 27.1% which means there is a lot to gain from the venture capitalist (VC) industry. The venture capitalist industry does not only empower business development but also allows entrepreneurs to enhance their businesses as well as drive jobs creation and employment opportunities. This opinion made by the CEO…
Read MoreSAVCA 2017 Members' Directory
SAVCA 2017 Members’ Directory
Read MoreScalar International and Mergence Investment Managers announce the launch of a $150 million private equity fund to finance clean energy and digital infrastructure in sub-Saharan Africa
Key takeouts: Scalar International is one of only five fund managers chosen out of 66 as part of the 2024 cohort of the International Climate Finance Accelerator, a programme powered by Accelerating Impact. The Africa Decarbonisation Fund I, managed by Scalar and Mergence Investment Managers in partnership, will invest in energy-efficient / decarbonisation projects in…
Read MoreUS$1.5+ billion investment pipeline at Africa’s Green Economy Summit
AGES 2025: Building a climate resilient Africa – catalysing investment and innovation in the green and blue economies South Africa, 28 January 2025: Sanlam Investments is proud to sponsor Africa’s Green Economy Summit (AGES) 2025, scheduled to take place from 19-21 February 2025 at the Century City Conference Centre in Cape Town. AGES is a…
Read MoreConnecting Africa’s Visionaries: Vuka Group’s Commitment to Transformative Green Projects
Vuka Group and Africa’s Green Economy Summit are spearheading efforts to boost Africa’s inclusive economic growth by connecting project owners with a global network of investors. This strategic initiative aims to accelerate vital projects, promoting sustainability and prosperity across the continent. Elodie Delagneau, Investment Lead at Vuka Group, emphasised the group’s success in linking ambitious…
Read MoreRMB Corvest and partners facilitate a MBO of Nampak Liquid Cartons
RMB Corvest, in partnership with Dlondlobala Capital, have concluded a successful management buyout of Nampak Liquid Cartons (a division of Nampak Products Ltd (“Nampak Products”)), Nampak Zambia and Nampak Malawi. Nampak Liquid Cartons is a separate business division under Nampak Products which manufactures, sells and supplies paper products used to package beverages, including Pure-Pak and…
Read MoreAIH Capital’s AIH Fund 1 acquires 49% shareholding in HDC
We are pleased to announce that in June 2024, AIH Fund I, under the management of AIH Capital, closed its second deal with High Duty Castings (HDC), acquiring a 49% shareholding in the manufacturing company. HDC is a leading cast iron foundry with blue-chip and multi-national clients and has been successfully operating for over 3…
Read MoreOld Mutual Private Equity Exits Chill & Inhle Beverages
Old Mutual Private Equity (OMPE) has sold its stake in Chill & Inhle Beverages, the owners of well-known brands such as Fitch & Leeds and Score energy drinks, to a private equity consortium led by Alterra Capital Partners. The transaction closed on 14 October 2024. The transaction follows Old Mutual Private Equity’s delisting of…
Read MorePhatisa, Masimong, and Sabvest Sell 100% Interest in Rolfes to Solevo Group
Phatisa, Masimong, and Sabvest Sell 100% Interest in Rolfes to Solevo Group, Strengthening its Pan-African Specialty Chemicals Market Presence Strategic Transformation of Rolfes: Rolfes has been strategically transformed into a leading diversified chemicals provider, expanding its reach across Africa and Europe and strengthening its market position. Unlocking New Opportunities for Growth: The sale to Solevo…
Read MoreMetier invests in Blinkwater Meule
Metier Capital Growth Fund III invests in one of the largest independent maize millers in South Africa Metier, through its Capital Growth Fund III (“MCGF III”), has partnered with the van den Berg family in an investment into Blinkwater Meule (“Blinkwater”), a vertically integrated maize meal producer and retailer in South Africa. Blinkwater manufactures quality…
Read MoreSouth Africa: Infinite Partners exits to Bidvest
Infinite Partners, a South Africa-based private equity fund manager, has announced the exit of Synerlytic, which housed WearCheck as its remaining operating entity. WearCheck is one of the leading condition monitoring specialists on the African continent, processing more than 800,000 samples per annum. While the company’s core business is the scientific analysis of used oil,…
Read MoreSurvey results: SA Private Equity fundraising activity surges to a 13-year high
Tshepiso Kobile, CEO of the Southern African Venture Capital and Private Equity Association (SAVCA) Despite growing concerns about the turbulent macroeconomic outlook, the high interest rate environment and fundraising challenges, Southern Africa’s Private Equity (PE) industry has surged forward. With 2024 being referred to as the ‘ultimate election year’ on both local and global fronts,…
Read MoreHAVAÍC completes first close of its African Innovation Fund 3
The fund has secured $15 million in commitments for its first close. Cape Town-headquartered venture capital firm HAVAÍC has announced the first close of its African Innovation Fund 3, which has a target of $50 million. In partnership with cornerstone investors Universum Wealth and The SA SME Fund, as well as local and international family…
Read MoreSouth Africa’s Tech Sector Attracts Significant VC Investment Surge
The technology sector is spearheading investment within South Africa’s start-up ecosystem, even amid challenging macroeconomic conditions. This insight comes from the South African Venture Capital Association (SAVCA), which unveiled the findings of its 2023 Venture Capital Survey, which was published on Thursday, 18 July 2024. The survey indicates that South African start-ups secured R3.3-billion in…
Read MoreICT sector leads the charge as Venture Capital investments in SA hit R3bn mark
Click here to read the original article. The performance of the venture capital (VC) sector in South Africa defied the downwards trend in annual deals seen since 2020 as investments hit the R3 billion mark in 2023, displaying the level of resilience that has since become synonymous with the start-up ecosystem. The Southern African Venture…
Read MoreNew Survey: South Africa’s VC Sector On Positive Trajectory And What This Means
Click here to read the original article. South Africa’s 2023 startup ecosystem concluded on a high note, as the local venture capital (VC) sector defied the global downward trend in annual deals since 2020. The recent Southern African Venture Capital and Private Equity Association (SAVCA) Venture Capital Survey Launch 2024 revealed that total capital flow…
Read MoreTicketmaster Expands Presence in Africa with Acquisition of Quicket
Ticketmaster, the world’s leading ticket marketplace, is acquiring Quicket, a major player in Africa’s General Admission event and festival ticketing, to further support the rapidly growing live events market across the continent. Having launched in the market in 2022, Ticketmaster serves some of South Africa’s leading festivals, sports, music, theatre, and venue clients. The partnership with…
Read MoreHarnessing the power of private equity for economic gains
Private equity has evolved into an asset class not only capable of providing the smooth returns demanded by investors, but also the ability to generate economic growth and drive job creation. It’s time retirement funds take notice, writes Ola Leepile, the Chief Executive Officer of Novare Holdings Click here to read the original article. The…
Read MoreSouth Africa: Admaius Capital Partners in mining supplier deal; Ethos spin-off exits
Admaius has announced the acquisition of The Particle Group. Admaius Capital Partners, an Africa focused private equity investor, has acquired a stake in The Particle Group (TPG), a supplier to the mining industry. TPG is headquartered in Johannesburg, South Africa but has operations globally. TPG manufactures and sells specialist chemical products called certified reference materials…
Read MoreMetier exits to Infra Impact Investment Managers
Infra Impact Investment Managers has acquired a majority equity stake in Oricol Environmental Services from Lereko Metier Environmental Solutions Holding. The successful share sale transaction sees the Infra Impact Mid-Market Infrastructure Fund 1 become the new majority shareholder in the company, effective 4 June 2024, after the deal met all the required regulatory approvals. Oricol…
Read MoreSAVCA announces winners at prestigious industry awards ceremony – Engineering News
The Southern African Venture Capital and Private Equity Associate (SAVCA) Industry Awards, which took place in Sandton last week, showcased the achievements of some of the most innovative businesses in the country. In the running were a mix of companies, each nominated for having successfully used invested capital to build thriving enterprises. After much deliberation,…
Read MoreSAVCA announces winners at prestigious industry awards ceremony – Africa Business Quarterly
The Southern African Venture Capital and Private Equity Association (SAVCA) Industry Awards, which took place in Sandton last week, showcased the achievements of some of the most innovative businesses in the country. In the running were a mix of companies, each nominated for having successfully used invested capital to build thriving enterprises. After much deliberation, the expert panel…
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