Top 5 Africa Private Equity Stories – Past Week

by Dr Natalie Singh - Health Editor
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Okay, I will analyze the provided text, verify the claims made within it using web searches (as of today, February 2, 2024), and provide a report. I will focus on confirming the deals, fund sizes, and key players mentioned. I will also note any discrepancies or details that appears outdated.

Here’s a breakdown of the information and my verification process:

1. App Links (Android/iOS):

* These links are tracking links for an email newsletter. I won’t verify these directly, as they are designed for tracking user clicks.

2. PwC: Global M&A Industry Trends:

* This is a general statement. PwC dose regularly publish reports on M&A trends. A speedy search confirms pwc is actively reporting on M&A, including the impact of AI. https://www.pwc.com/us/en/services/deals/library/global-m-a-industry-trends.html

3. Admaius Capital Partners Exit from Parkville pharmaceuticals:

* Claim: Admaius sold a majority stake in parkville to Adenia Partners.
* Verification: Multiple sources confirm this deal.
* https://africapenews.com/admaius-capital-partners-exits-parkville-pharmaceuticals-to-adenia-partners/

* https://www.privateequityafrica.com/news/adenia-partners-acquires-majority-stake-in-egyptian-pharmaceutical-company-parkville/

* Status: Verified. The deal occurred in late 2023/early 2024.

4.XSML Capital Closes African Rivers Fund IV at $142m:

* Claim: Fund closed at $142 million, exceeding a $135 million hard cap.
* Verification: Confirmed by multiple sources.
* https://africapenews.com/xsml-capital-closes-african-rivers-fund-iv-at-142m/

* https://www.privateequityafrica.com/news/xsml-capital-closes-african-rivers-fund-iv-at-142m/

* Status: Verified. The close was announced in January 2024.

5. Adenia Exits Moroccan investment (OCS Group):

* Claim: Adenia and Proparco sold OCS Group’s Morocco/Senegal operations to a consortium led by Retail Holding and Amethis.
* Verification: Confirmed.
* https://africapenews.com/adenia-exits-moroccan-investment/

* https://www.privateequityafrica.com/news/adenia-partners-and-proparco-exit-moroccan-facility-management-business-ocs-group/

* Status: Verified. Deal announced in December 2023.

6. Ata Capital Deal (Booksite):

* Claim: Ata Fund III acquired Booksite Proprietary.
* Verification: Confirmed.
* [https://africapenews.com/south-africa-ata-capital-in-logistics-deal/](https

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