Stears

In a significant move within South Africa’s rapidly growing Fibre-to-the-Home (FTTH) sector, Vumatel has completed the full acquisition of Herotel This transaction strengthens Vumatel’s strategic footprint in secondary cities and underserved townships, aligning with their commitment to expand affordable broadband solutions. Herotel’s growth strategy, including plans to extend fibre coverage by 400,000 additional stands, complements Vumatel’s mission to address South Africa's digital divide. This acquisition will further enhance operational efficiencies, reduce costs, and help accelerate the deployment of FTTH across low-income regions. With the South African FTTH market set to grow at a CAGR of 5.6% through 2030, this move places Vumatel at the heart of an expanding opportunity. Read More and join our Mailing List. https://lnkd.in/dQn3H9NQ #FibreToTheHome #Telecoms #SouthAfrica #BroadbandExpansion #DigitalInclusion #MergersAndAcquisitions #Vumatel #Herotel #CIVH #Infrastructure #TechInvestment

Everlectric has secured funding from the Vumela Enterprise Development Fund 4.0, managed by Edge Growth and backed by First National Bank (FNB). This venture debt investment will enable Everlectric to scale its Electric Vehicles-as-a-Service (EVaaS) model, reducing barriers to fleet electrification With Woolworths already using Everlectric’s electric delivery vans and South Africa’s 150% tax deduction on EV investments kicking in, the landscape is shifting fast. The country’s push for local EV production and charging infrastructure expansion, coupled with rising fuel price volatility, makes fleet electrification an increasingly viable solution for businesses. The Vumela Fund’s structured financing ensures Everlectric can grow while minimising equity dilution—an attractive proposition in a capital-intensive sector. However, challenges remain: South Africa’s grid instability and long-term exit liquidity risks will shape the trajectory of investments like this. Read More and join our Mailing List. https://lnkd.in/dtGGbvdc #ElectricVehicles #SustainableMobility #VentureDebt #FleetElectrification #PrivateCapital #SouthAfrica #EVaaS

The Apis Growth Fund II (the “Fund”), managed by Apis Partners LLP, targets capital-light financial services and financial technology companies in the growth markets of Africa, South Asia, and Southeast Asia. The Fund invests in selected financial services and related business services, namely in the sub-verticals of Payments, Credit and Savings, Insurance, Technology Enablers and Service Providers, and Capital Markets. With Stears, you can compare funds to discover high-potential opportunities across sectors and regions. Request a trial today: https://bit.ly/4heySc6

Last week, we updated 51 companies, 62 transactions, and 38 funds on Stears. By delivering timely data and actionable insights on an easy-to-use data platform, Stears helps investors in Africa’s private capital markets make informed decisions, conduct early due diligence, and streamline deal flow. Request a trial to see how these updates can enhance your investment strategy: https://lnkd.in/dFGqGxV2 #PrivateEquity #EmergingMarkets #FinancialData #DueDiligence #MarketIntelligence #AfricaInvesting #InvestmentInsights #DealFlow

Pele Energy Group has secured a $31 million equity investment from Nedbank and the Norwegian Climate Investment Fund (managed by Norfund) to accelerate the country’s renewable capacity buildout. This deal follows a $135 million structured loan in 2023 and marks a strategic push to scale Pele Energy Fund 1, the investment vehicle designed to expand clean energy infrastructure. With 980 MW operational, 670 MW under construction, and a 5 GW pipeline under development, Pele Energy is a key player in South Africa’s decarbonisation efforts. South Africa remains heavily reliant on coal (80%+ of electricity generation) but aims to retire 34 GW of capacity by 2030. Pele’s 1,280 MW in recent REIPPPP wins positions it as a central player in this shift. By investing through Pele Energy Fund 1, Nedbank and Norfund ring-fence risk, improving transparency and capital attraction. With plans to raise an additional R2–3 billion ($108.6–162.9 million) over the next two years, this is just the beginning. Renewable energy investments in South Africa are scaling—who's next? Read More and join our Mailing List. https://lnkd.in/dZ9UsMVa #RenewableEnergy #EnergyTransition #PrivateEquity #ImpactInvesting #AfricaInfrastructure #ClimateFinance

Understanding Africa’s markets means putting people first—both the local experts who gather insights and context on the ground and the global investors seeking opportunities. Harnessing the power of AI and an unwavering focus on our customers, we’ve built a platform shaped by deep local knowledge, innovative technology, and a steadfast belief in Africa’s potential. That foundation is why Stears stands apart as the only data platform built exclusively for African private capital markets. Whether you’re a Private Equity Investor, Investment Banker, or Corporate Development Strategist, discover how Stears helps you streamline deal evaluation and spot emerging opportunities before the competition. Request a trial today: https://lnkd.in/dFGqGxV2 #PrivateEquity #Africa #EmergingMarkets #DealFlow #DueDiligence #DataDriven #Investing #PEInsights #DealEvaluation

CrossBoundary Energy has secured $45 million in senior debt from the Emerging Africa & Asia Infrastructure Fund, managed by Ninety One. This funding will drive the expansion of commercial & industrial (C&I) renewable energy across Africa, targeting manufacturing, telecommunications, and mining sectors—industries heavily impacted by rising energy costs and unreliable grid supply. This investment is part of a $300 million senior debt facility arranged by Standard Bank, reinforcing CBE’s position as a key player in Africa’s energy transition. By offering cost-effective, stable, and scalable renewable power solutions, CBE enables businesses to shift away from diesel dependency and reduce carbon emissions. With Africa’s C&I solar market gaining traction—evidenced by deals like Shell’s acquisition of Daystar Power and the Starsight Energy-SolarAfrica merger—investors are increasingly backing this model as a commercially viable and scalable solution. As solar PV outcompetes fossil fuels in Africa, C&I renewables will be a driving force in securing reliable power for industry. Read More and join our Mailing List. https://lnkd.in/dsv_QJed #EnergyFinance #RenewableEnergy #SolarPV #AfricaInvestment #EnergyTransition #PrivateEquity #Infrastructure #SustainableFinance