China’s Hanhong Private Equity Investment Company has invested $13 million in Stonewall Mining, buying it a 19% stake in the South African gold miner.
The capital invested has allowed Stonewall to buy Transvaal Gold Mining Estates, a set of gold mines located in Mpumalanga, South Africa, from mining business Simmer & Jack for RMB25 million ($3.9 million)....
Ocean Link, which claims to be the first PE firm dedicated to investing in China’s travel and tourism sector, has received backing from General Atlantic and domestic online travel agency Ctrip.
New Zealand’s Spotlight Reporting, a cloud-based accounting services provider, has received NZ$5 million ($3.6 million) in Series A funding from investors including the Global from Day One (GD1) Fund II.
Net1, a NASDAQ-listed payment services provider with a presence in South Africa and Korea, has committed $40 million to Mobikwik, an Indian mobile wallet start-up that has received several rounds of VC funding.
Testin, a China-based mobile app testing service provider, has completed a $30 million round of funding led by an undisclosed US dollar-denominated venture fund.