Ethos Capital PE lists after R1.8bn oversubscribed private placement
Ethos Capital listed on South Africa’s JSE on 5 August after R1.8 bn ($131m) oversubscribed private placement creates liquid vehicle for private equity investors.
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Ethos Capital listed on South Africa’s JSE on 5 August after R1.8 bn ($131m) oversubscribed private placement creates liquid vehicle for private equity investors.
What a night – the gala dinner of the Private Equity Africa 2016 awards in their 5th year. A full day conference charted the changes with sessions on new structures for private equity funds, the rise of stock exchange IPOs as exits, specialized agriculture, healthcare and other funds and many more topics for 2016.
Nigeria’s digital payments and payment card giant Interswitch Ltd could become Africa’s first tech “unicorn” or technology company valued at over $1 billion. Private equity firm Helios is aiming to exit.
Sovereign wealth funds are sprouting across Africa – 15 countries have created funds in the last 20 years, managing a total of $159bn at the end of September 2014.
6 steps to good governance and the governance questions Africans should ask about their SWFs
The Sovereign Wealth Fund Institute of Las Vegas, USA defines SWF as “a state-owned investment fund or entity that is commonly established from balance of payments surpluses, official foreign currency operations, the proceeds of privatizations, governmental transfer payments, fiscal surpluses, and/or receipts resulting from resource exports”.
Botswana supermarket chain Choppies Enterprises launches a roadshow to raise $48m and dual-list shares on the main board of JSE securities exchange on 27 May.
Congratulations to the winners of the 2015 Private Equity Africa Awards which celebrate the achievements of Africa’s top General Partners (GPs) and advisors in 2014.
Great interview with Schulze Global Investments, the longest-established private equity firm in Ethiopia and run by a family office, with useful insights into the private equity landscape and trends.
African pension funds in 10 countries already have $379 billion in assets under management and continue to grow. Are there enough opportunities for them to deploy these investment resources most productively?
The Nairobi Securities Exchange is calling for applicants for a “certified capital markets specialist” course, to be held on 16-20 March at a hotel. Registration has been extended to 10 March.
Leading website and magazine Private Equity Africa lists the top 10 Africa private equity deals from 2014, with data from Preqin. Top are two telecoms tower deals – Helios leading $630m into Helios Towers and ECP leading $490m into IHS.
Leading African private investment firm Helios Investment Partners, says it is about to close its 3rd Africa-focused private equity fund Helios III at the $1.1 billion limit, making it the largest fund.
South Africa’s Public Investment Corporation has established 2 funds and plans to invest at least $1 billion into African investments outside South Africa, including $213 million in the current financial year to March 2015.
SuperReturn Africa, the leading African private equity conference, returns Dec 2014, bringing together more than 500 equity professionals, 150 of the most powerful private-equity practitioners and 130 top industry speakers.
The well-respected CEO of the Nairobi Securities Exchange, Peter Mwangi, is to take up a new job as Group CEO at insurance company Old Mutual Kenya with effect from 1 October.
Initial public offers (IPOs) on African stock exchanges for the first half of 2014 has raised capital totalling $808.5 million, compared to a total of $757.5m raised throughout 2013
Private-equity investor The Abraaj Group made its first exit in Angola, exiting its investment in Fibrex which manufactures high-density polyethylene (HDPE) and other low-pressure plastic pipe products used in construction.
Top speakers including Government leaders, policy-makers, bankers, investors and experts will debate the future of Africa’s debt capital markets on Monday 30 June at the London Stock Exchange for African Debt Capital Markets ADCM 2014 conference organized by African Banker magazine.
Women triumphed at African Banker Awards 2014, winning 3 top awards including Vivienne Yeda as African Banker of the Year. GT Bank is African Bank of the Year.
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