STADIA: Deal Activity 2022
In 2022, Stadia advised on key investments across Africa, focusing on sectors like supply chains, clean energy, and agribusiness. Notable deals include funding for South African infrastructure, agribusinesses, and tech projects, showcasing resilience in the face of global challenges.
It is well documented that we live in unusual times when it comes to the diverse set of risks that investors face when committing to the deployment of capital, both globally and in Africa. Investment themes that emerged as COVID broke are, if anything, more pronounced—global supply chains, agribusiness & food security, infrastructure, technology and tech-enabled services (notwithstanding the recent Nasdaq sell-off and subsequent impact on private market valuation expectations), clean energy, circular economies, and climate finance.
Recent Deals and Advisory Roles
In the past six to twelve months, Stadia has acted as a transaction adviser in a number of deals across diverse industries in Africa and beyond (our recent focus on South African businesses was largely due to COVID-related travel restrictions). Below is an overview of recent deals in which we played a key advisory role.
- African Port Logistics and Infrastructure (South Africa) secured investment from Futuregrowth to fund its Coega Fruit Terminal in the Eastern Cape. The terminal will be the world’s first fully integrated export fruit campus, combining fruit-packing, cold-storage, and container depot activities.
For more details, click here.
- Lona Group (South Africa), a diversified foods and agriculture business, received expansion capital from Phatisa and leading development finance institutions (Norfund, Finnfund, BII) to drive the growth of its cutting-edge, sustainable food production.
For more details, click here.
- Cultura Fresh (South Africa), a hydroponic farm in the Western Cape that supplies major national retailers with high-quality fresh produce, received Stadia Capital funding to acquire a high-care packhouse.
- The Training Room Online (South Africa), an e-learning group, secured a debt-led finance solution from Greenpoint Capital.
For more details, click here.
- Timini (Burkina Faso) – Stadia advised M-Pak on the exit of their holding in Timini, a mango processing business in Burkina Faso, to a Dutch impact investor. Terms were undisclosed.
- Globology (Kenya), a ferry passenger service on Lake Victoria providing safe, reliable, and affordable transport for the area, closed an equity round with Infraco Africa to expand their operations.
For more details, click here.
- 4R Digital (United Kingdom) was funded by FSD Africa to build a platform, the Carbon Value Exchange, that will use digital technology to democratise access to climate finance for small, green projects in Africa.
For more details, click here.
Stadia continues to see a resilient deal environment amongst certain industries and geographies as we source and work on several attractive transactions across the African continent.
