Latest news with #VerdantCapital
Zawya
22-04-2025
- Business
- Zawya
Verdant Capital ranked 2nd in DealMakers Africa league table for East Africa
Verdant Capital ( has been ranked second in the Financial Advisers (Transaction Flow) category for East Africa at the 2024 DealMakers AFRICA Awards, under the General Corporate Finance sector. This ranking is the 5 th year in the row that Verdant has ranked in the top 3 in the DealMakers Africa East Africa league able, demonstrating the firm's consistent excellence in this market. This accolade highlights the firm's growing influence and consistent performance in East Africa's corporate finance space. The DealMakers rankings are the authoritative rankings for finance professionals in the African continent, across financial advisory, sponsor services, legal and transaction services / financial due diligence. Awards are among the most prestigious in the inve industry, celebrating firms that demonstrate excellence in advisory services, transaction execution, and overall impact in mergers and acquisitions, capital raising, and other corporate finance activities. Rankings are based on the volume and value of completed deals, with Verdant Capital's second-place ranking reflecting a year of strong strategic advisory and client-focused execution. In 2024 Verdant Capital, which is also trading under the Verdant IMAP brand, advised on transactions in sectors including financial services, fintech, agriculture, automotive, digital infrastructure and others, in East Africa, West Africa, Southern Africa and South Africa, transacting with corporates and financial investors from across Africa and from around the World.. The firm's deep market knowledge and expertise in mid-market transactions position it as a trusted adviser to companies, investors, and development finance institutions in East Africa and further afield. The firm continues to expand its regional presence, supporting clients with tailored financial solutions that drive meaningful impact across the continent. Distributed by APO Group on behalf of Verdant Capital. About Verdant: Verdant IMAP is a leading investment bank operating on a Pan-African basis and specialising in private capital markets. Verdant IMAP is the IMAP firm for its region; IMAP established in 1973, with 40 partner firms in 50 countries, with over 600 investment bankers and completing over 250 M&A transactions per year is the largest global M&A partnership. Verdant IMAP is a division of Verdant Capital. Verdant Capital is the manager of the Verdant Capital Hybrid Fund is investing mezzanine capital into inclusive financial institutions on a pan-African basis.
Zawya
07-04-2025
- Business
- Zawya
Verdant Capital Hybrid Fund completes an additional investment of USD 4.5 million in LOLC Africa
Verdant Capital ( is pleased to announce that its Verdant Capital Hybrid Fund (the ' Fund ') has completed an additional investment of USD 4.5 million in LOLC Africa Singapore Limited (' LOLC Africa '). This investment brings the total investment in LOLC Africa to USD 13.5 million. This follows the initial investment of USD 9 million in LOLC Africa, completed in June 2023. Both investments are structured as holding company loans, and they are being directed towards LOLC Africa's operating lending subsidiaries in Zambia, Rwanda, Egypt, Kenya, Tanzania, Nigeria, Malawi, Zimbabwe, Ghana, and the Democratic Republic of Congo. Founded in 1980 in Sri Lanka, LOLC entered the African continent in 2018. Verdant Capital Hybrid Fund is the first external investor in LOLC Africa's operations, reflecting the Fund's catalytic investment approach. These investments are driving the expansion of LOLC Africa's micro, small and medium enterprises (MSMEs) financing footprint across the continent. Additionally, the Fund's Technical Assistance Facility (TAF), has offered financial support for LOLC Africa's Social Ratings and Client Protection Pre-Certifications for its subsidiaries in Zambia and Egypt, with further Technical Assistance initiatives in the pipeline. LOLC is recognised as one of the top-performing global microfinance groups, and the Fund's investment aligns with its strategy of picking the top performers in each theme or category. LOLC's business model focuses on the 'bottom of the pyramid', increasing access to MSME financing and customer deposits, thereby advancing it financial inclusion objectives. The Fund's investment will provide LOLC Africa with more funding to support and expand the lending activities of its existing subsidiaries in Africa, primarily targeting MSMEs. Furthermore, the investment will strengthen the capital bases of the existing and potentially new subsidiaries in Africa. LOLC's expansion of the MSME lending model is not only about pursuing its commercial ambition but is also a commitment to sustainable and socially responsible growth. By extending tangible benefits to those communities at the bottom-of-the-pyramid, LOLC Africa promotes financial inclusion, job creation, income generation, and overall economic growth. This investment represents a diversified exposure to multiple African markets as LOLC continues to scale its operations. The Fund's investment is also yielding a return aligned with the Fund's return target, reinforcing the value of supporting high-impact financial inclusion initiatives in emerging markets. Suits&Advisors ("S&A") acted as an advisor to LOLC on this transaction. Distributed by APO Group on behalf of Verdant Capital. Media enquiries: Verdant Capital Orient Mahonisi, Team Assistant T: +27 10 140 3700 E: LOLC Amandi Weerasinghe, Group Treasury Executive T: +94 115 880 999 E: AmandiW@ About Verdant Capital: Verdant Capital is an investment manager and investment bank specialising in the private capital markets and operating on a Pan-African basis. Verdant Capital is the manager of the Verdant Capital Hybrid Fund. About LOLC: LOLC is one of the most strategically diversified global conglomerates dominating the Asian market and now making giant strides to entrench its presence across Africa and Central Europe. The Group is engaged in leisure, plantations, agri inputs, renewable energy, construction and real estate, manufacturing and trading, technology, research&innovation and other strategic investments. As a leading player in the international MSME sector, the Group has been a catalyst in facilitating financial inclusion, whilst striving to maximise environmental benefits through green operations and processes in line with its triple bottom line focus. Present in the continents of Asia, Africa and Australia, the Group operates in Singapore, Sri Lanka, Myanmar, Indonesia, Philippines, Cambodia, Pakistan, Maldives, Zambia, Zimbabwe, Nigeria, Tajikistan, Tanzania, Malawi, Egypt, Kenya, Maldives, Mauritius, the United Arab Emirates, Sierra Leone, the Democratic Republic of Congo and Ghana, with further strategic plans held in pipelines. The Group operates non-bank financial institutions in 15 countries. Over the years, the Group has been backed strongly by Development Finance Institutions and multilateral funding lines, which reflects the confidence these global entities place in the Group's sustainable operations.
Zawya
30-01-2025
- Business
- Zawya
Verdant Capital Hybrid Fund completes USD 2 million mezzanine investment in UsPlus
Verdant Capital ( is pleased to announce that its Verdant Capital Hybrid Fund (the 'Fund') has completed its fifth investment of USD 2 million, structured as junior convertible debentures in UsPlus Limited ('UsPlus') incorporated in South Africa. UsPlus has greatly impacted the financial landscape of SMEs in South Africa by using working capital to support sectors and projects that are essential to the sustainability of the country's society and environment. This investment will enable UsPlus to expand its invoice factoring services across key sectors in South Africa, reinforcing the company's role as a pivotal player in the South African invoice factoring vertical. Since its inception in 2015, UsPlus continues to offer essential working capital solutions to businesses across the country, that have historically been unable to access traditional forms of financing. While the company supports a wide range of sectors, it has a current emphasis on funding women and sustainably led ventures. UsPlus' service offering is guided by a developmental agenda which is mainly focused on supporting local manufacturers, logistics providers, local farmers, renewable energy players and service providers, among others, to improve the competitiveness of such entities by enhancing their ability to (i) meet the procurement requirements of large multinational corporations and (ii) promote financial inclusion for SMEs that historically have been unable to access traditional forms of working capital solutions. The Fund's investment will strengthen UsPlus' capital position and help 'crowd-in' more senior debt funding into the business to further grow its balance sheet. The Fund is attracted by UsPlus' business model as it aligns with the Fund's mission to use its funding to provide financial solutions that have the broadest possible impact on society, while benefiting from fundamental credit risk mitigants. This investment will yield a return which is aligned with the Fund's return target. The Fund is investing in inclusive financial institutions on a pan-African basis, with a focus on digitally enabled financial institutions providing services to Micro, Small and Medium-sized Enterprises (MSMEs). The Fund invests in hybrid capital instruments including subordinated debt, mezzanine, preference shares and stapled investment structures. The Fund has a size of USD 38 million (target of USD 100 million at Final Close in H1 2025). Distributed by APO Group on behalf of Verdant Capital. UsPlus: Leon Kirkinis T: +27 10 900 4141 E: leon@ mailto: About Verdant Capital: Verdant Capital is an investment manager and investment bank specialising in the private capital markets and operating on a pan-African basis. Verdant Capital is the manager of the Verdant Capital Hybrid Fund. About UsPlus South Africa: Since 2015, UsPlus has been operating as a fintech business focusing on the provision of flexible working capital solutions to the SME sector in South Africa, whilst being guided by a developmental agenda. With the focus of serving SMEs, UsPlus has continued to support the purchasing of transferable instruments (such as invoices, purchase orders and contracts) issued by or to its clients together with additional strategic support at no additional cost.
