Abraaj group sells its activities in Africa

After several months of dispute with its partners including the Bill & Melinda Gate Foundation and the International Finance Corporation, Abraaj Group has finally...

Kasada Capital Management targets the African hotel industry

Kasada Capital Management, a new investment platform dedicated to hospitality in sub-Saharan Africa, closed its first round of fundraising for Kasada Hospitality Fund LP...

AIIM announces new equity investment in SEGAP

One month after acquiring stakes in Albatros Energy Mali, African Infrastructure Investment Managers (AIIM) announces that it has acquired a 50% stake in the...

Morocco: CDG Capital Private Equity acquires stake in Maymana

In June 2018, CDG Capital Private Equity concretized its entry, through the Capmezzanine II Fund, into the capital of Maymana Traiteur, a leading player...

Ivory Coast: EDF acquires a stake in Conergies-Group

The French group EDF strengthens its presence in Africa with the acquisition of 49% stake in Conergies-group, a leader in integrated energy efficiency services...

Nigeria: Quantum Capital Partners Raises $ 5.5 Million for TeamApt

Nigerian company Quantum Capital Partners raised $ 5.5 million for TeamApt, a provider of payment solutions. This funding will allow the development of new financial...

Ivory Coast: Vantage Capital awards 12 billion FCFA to Petro Ivoire, now controlled by...

The Kadio-Morokro family, founder of Petro Ivoire, takes over the majority of the company with the exit of the capital of the funds of...

Mauritania: Total buys BP’s shares on the Turtle / Ahmeyin gas field

The company Total is about to buy the shares of the capital held by British Petrolum (BP) on the gas field Turtle / Ahmeyin,...

Sawari Ventures Completes the First Close Of A Us$70 Million VC Fund to Invest...

Sawari Ventures today announced the US$35 million first closing of Sawari Ventures North Africa Fund I (SVNFI) during a press conference on the sidelines...

Total Gabon sells to Assala Upstream Gabon SA its stake in the Rabi Kounga...

Sources reported in Libreville on Tuesday, Total Gabon signed an agreement with Assala Upstream Gabon SA for the sale of its entire 32.9% stake...

Infrastructure fund managed by Investec Asset Management injects $27 million into hydro project on...

The Emerging Africa Infrastructure Fund (EAIF) provided a USD 27 million loan to Kikagati Power Company, a Ugandan company specializing in the energy sector....

Innovative private equity model for Lesotho

Mergence opens an office in Maseru; institutional investment is aimed at supporting local projects and jobs Mergence Investment Managers is offering an innovative approach to...

Enko Education raises 1.4 million dollars in pre-Series B in record time

African international schools network Enko Education just announced the closing of a 1.4 million dollars funding round from a pool of private and institutional...

Wendel and IHS unlocked in Nigeria

The investment firm Wendel announced Wednesday evening that all the accounts of IHS, a telecom infrastructure company that represents one of Wendel's main holdings...