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...

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...

Kenya: Sterling Capital acquires 20% of Afvest

Investment bank Sterling Capital, based in Kenya, announces the acquisition of a 20% stake in private equity firm Afvest. The amount of the transaction...

Nigeria: Egyptian bank EFG Hermes acquires brokerage firm Primera Africa

The Egyptian bank, EFG Hermes Holding, announced on Thursday (July 19th) the signing of a definitive sale and purchase agreement (SPA) to acquire all...

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,...

Declining investment by private equity firms in one year

In a report released on March 16, 2019, the African Venture Capital and Venture Capital Association (AVCA) reports that private equity firms in Africa...

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...

Senegal: GroFin intends to bring its touch for financial innovation in SMEs

GroFin, which specializes in financing small and medium-sized enterprises (SMEs), is determined to bring its innovation to solve the problem of financing these economic...

Winners Announced for Private Equity Africa Awards 2018

The recipient of this year’s Outstanding Leadership Award was Papa Madiaw Ndiaye, Founding Partner and CEO at AFIG Funds. Private Equity Africa (PEA) (www.PrivateEquityAfrica.com) is...

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...

Injaro Investments and BIO join forces to invest in poultry farming in Niger

Injaro announces an investment in AviNiger, a poultry company that meets animal welfare standards. AviNiger will provide quality consumer eggs and help reduce the protein...

China beats new world record in finance

After having starred in America by aligning four of its banks in the top 5 of the world's most powerful banking institutions (S &...

Ivory Coast: FADEV sells its shares in Vallesse SARL

Thus, after five years of investments and the contribution of two partner current accounts for a total amount of 47 000 euros, FADEV is...

Shorecap III LP invests in fintech MFS Africa

Equator Capital Partners LLC announced, on October 30, 2018, an investment from its new fund, ShoreCap III LP, into fintech MFS Africa, a pan-African...