Verod Capital announces the acquisition of Metropolitan Life Nigeria

Private equity investor Verod Capital Management announced Wednesday (September 17th) that it has received the necessary regulatory approvals for the acquisition of the entire...

Afrique du sud: AIIM takes a 26% stake in MetroFibre Networx

African Infrastructure Investment Managers (AIIM), one of Africa's largest infrastructure-focused private investment fund managers, announced on Monday (June 14th) that it had taken a...

Adenia sells leading provider of power security solutions in Côte d’Ivoire to SPE Capital

ABIDJAN, Côte d’Ivoire, 29th April 2021 – Adenia, a private markets investment firm in Africa, today announced that it has finalized the sale of its 100%...

African finance mourns the disappearance of Michel Abrogoua

Farewell Royal Kaïlcedrat of Ebrié Michel Abrogoua is no more. A pioneer of private equity in Africa, the Boss of Phoenix Capital Management SA (PCM)...

Private equity firm Development Partners International (DPI) promotes three new partners

Development Partners International (DPI) today announced the co-optation of three new partners, a strong signal for the firm's commitment to supporting Africa's development. Former...

Money transfer: the Banque Populaire Group joins forces with the Emirati UAE Exchange

The Banque Populaire Group (BCP) has announced the signing of a partnership agreement with UAE Group UAE Exchange, one of the world leaders in...

South Africa: Agri-Life Fund acquires 36.5% stake in Jumbo Brands

Agri-Vie Fund II has acquired a 36.5% stake in Jumbo Brands, an agribusiness firm in South Africa. Indeed, the investment fund is supported in this...

Coris Capital S.A bets on Bomboré gold

Coris Capital SA, a private equity fund of the Coris group, has just invested C $ 3 million (just under CFAF 1.3 billion) in...

AfDB acquires a stake in MPEF IV

The Board of Directors of the African Development Bank Group approved on Friday, July 20, 2018, a € 20 million equity investment in the...

African Private Equity Creates Value Through Sustainable Investment – AVCA Report

After fruitful meetings in Abidjan, Accra, Addis Ababa, Cairo, Cape Town and Lagos, the African Private Equity and Venture Capital Association (AVCA) held its annual...

South Africa: $ 3.6 million Spartan SME Finance for African SMEs

Small businesses set up by Africans will receive 50 million rand, or about 3.6 million USD from Spartan SME Finance, a South African firm. These...

WIC Capital and WE! Fund invest 243 million FCFA in MBURU for the promotion...

WIC Capital and WE! Fund, a fund of the Sovereign Fund of Strategic Investments (FONSIS) of Senegal and UNCDF (United Nations Capital Development Fund)...

African Rainbow Capital announces first quarter 2021 performance

South African billionaire Patrice Motsepe's private equity firm, African Rainbow Capital (ARC) Investments, announced on Friday June 12 the performance of its investments in...

Feeding Africa: AfDB’s new investment in Phatisa

Seven years after a first test, the African Development Bank (AfDB) is making a new investment of US $ 10 million in Phatisa, manager...
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