Funds

Funds

Finch Africa wins “fund of the year” for Africa ex-South Africa

Pan-African fund manager Finch International Advisors received top honours as its Africa Opportunities Fund was named Africa ex-South Africa Fund of the Year

Funds

Emerging markets private equity soars, but little cash for Africa

Fund-raising for sub-Saharan African private equity funds was $1.056 billion in January to June 2011, down 5% from $1.11 bn in the first half of ...

Capital raising

SANAD Fund to target SMEs in North Africa and Middle East

Tiny, small and medium businesses in Egypt and Tunisia, later Algeria and Morocco, are set to benefit from a new €30 million ($43.2 mn) SANAD ...

Funds

Oppenheimer family and Temasek SWF launch African private equity fund

South Africa's E. Oppenheimer family and Singapore’s sovereign fund Temasek Holdings have set up a $300 million private equity fund called Tana Africa Capital to ...

Capital raising

Private equity and lenders hop aboard $287m Kenya-Uganda railway

The International Finance Corporation and 6 leading international finance institutions provided $164 million in financing to Rift Valley Railways International to rehabilitate the Kenya-Uganda railway ...

Funds

Aureos private equity backs UK’s Trade out of Poverty initiative

Private equity fund management Aureos Capital has become a founding partner of an emerging markets trade initiative called “Trade Out of Poverty”.

Capital raising

Kenya’s Transcentury private equity firm to list on Nairobi SE

Kenyan private equity firm TransCentury is to list through introduction at the Nairobi Stock Exchange on 14 July at a price of KES50 (USD0.58) a ...

Exchange news

Stock Exchange of Mauritius aims to be global centre for listing funds

The dynamic Stock Exchange of Mauritius is pushing ahead with building itself as a secure base for international funding transactions and an African alternative to ...

Funds

Helios closed giant $900 mn African private equity fund

Pan-African private equity firm Helios Investment Partners announced that it had raised $900 million for its second Africa-focused private equity fund, and the fund was ...

Egypt

Egypt travel ban lifted on PE firm Citadel Capital chairman

Leading African private equity firm Citadel Capital said that Egypt's public prosecutor has lifted a travel ban imposed in April on its chairman Ahmed Heikal, ...

Capital raising

Does China push out private equity in Africa?

Interesting article in today's FT Tilt on whether China's model of cheap loans backing Chinese construction squeezes out private equity. The author suggests there could ...

Funds

New directions for giant CDC: targets poor with $3.1 bn

Giant UK development finance institution the CDC Group has announced a new business plan. Changes include direct investing rather than via funds, and focusing only ...

Exchange news

Paladin private equity lists education firm on AltX

South African private equity firm Paladin Capital has listed its 76% subsidiary Curro Holdings on the JSE’s AltX on 2 June. Curro, which offers private ...

Funds

African private equity deal-making soars: $1.8bn transactions by May

Private equity funds focusing on Africa are becoming more active and making more deals. At least 12 deals were closed in the first five months ...

Events

Private equity evening seminar in London

Top African private equity seminar in London coming up in the evening of 2 June. It is organized by the team at Private Equity Africa ...

Exchange news

Nigerian pensions reach $12.8 bn

The National Pension Commission of Nigeria regulates over N2 trillion ($12.8 billion) in assets under management. This has been accumulated from 4.7 million people who ...

Funds

Kingdom Zephyr expands into Nigeria

Leading Africa private equity firm Kingdom Zephyr Africa Management Company announced the opening of its new office in Lagos, Nigeria. It has $615 million under ...

Funds

Funds flows into African private equity – $1.5bn in 2010

Funds inflows into private equity in sub-Saharan Africa including South Africa (SSA) were $156 million in the first quarter of 2011, according to research by ...

Funds

ECP announces new CIO for giant African private equity fund

Pan-African private equity specialist Emerging Capital Partners today announced that Andrew Brown is appointed Chief Investment Officer (CIO) in a new position. He will join ...

Funds

Africa climbs as attractive private equity destination, survey

Africa is soaring in its attractiveness to global private equity investors. Over the next 2 years, nearly 30% of global LPs plan to expand PE ...