Funds

Funds

Brainworks fund links indigenization and private equity in Zimbabwe

Zimbabwean private equity firm Brainworks Capital Management has reportedly launched a $20 million fund targeting Zimbabwe’s agriculture, financial services, mining and telecommunications sectors, according to ...

Funds

Carlyle launches $500 mn fund for buyout and growth investments

Global alternative asset manager The Carlyle Group on 24 March announced that it has established a team to conduct buyout and growth capital investments in ...

Capital raising

IFC invests $10 mn in East Africa’s Catalyst I private equity fund

IFC on 8 March announced it was investing $10 million in equity in Catalyst Fund I LLC. The fund aims to stimulate employment and accelerate ...

Capital raising

Emerging Capital Partners (ECP) awarded “Best Private Equity House in Africa”

Emerging Capital Partners has won an award as “Best Private Equity House in Africa” named by EMEA Finance magazine. This recognizes ECP’s achievements in ...

Funds

Alternative investor Brait to raise R6 bn and looks to long-term

South Africa’s largest private equity company is transforming itself into a long-term investment holding company and aims to raise ZAR 6 billion ($857.7 million), according ...

Funds

Private equity firms invest $79 mn in telecoms towers

Leading international private equity firms are investing $79 million to build and acquire mobile phone towers in sub-Saharan Africa. Investec Asset Management, the International Finance ...

Egypt

Private equity firm sees “compelling opportunities” in Egypt and beyond

A leading African private equity firm, Citadel Capital based in Cairo, says change in Egypt brings “very compelling opportunities for long-term private equity investors in ...

Capital raising

Jacana partners with Ghana’s Fidelity Capital Partners private equity manager

Jacana, a UK-based group that supports emerging SME private equity firms in Africa, has launched its second investment, a strategic partnership with Ghanaian fund manager ...

Funds

$55 bn of private capital flows to Africa in 2010

According to a top economist of the World Bank, a total of $55 billion of private capital is estimated to be flowing into Africa this ...

Exchange news

More career opportunities in Africa’s capital markets

Many financial institutions are gearing up their staffing as they start to roll out their African operations. These include banks, stockbrokers and others. African Capital ...

Funds

The “Missing Middle” opportunity to reach SMEs and low- and middle-income earners through bank-investing PE fund

There is an opportunity in providing banking services to a “Missing Middle”, by focusing on financial services for lower- and middle-income groups in Africa, both ...

Funds

Liberia reaches deal with 2 “vulture funds”

Liberia has reached a deal with 2 “vulture funds” who had taken it to court to repay debts incurred more than 30 years ago. According ...

Funds

Aureos Africa Fund invests $10 mln into HFC, backs expansion and SME lending

Aureos Africa Fund has completed a US$10 million investment in HFC Bank Ghana Ltd, a commercial and retail bank. The investment in HFC will help ...

Funds

Africa Food Fund – Euro 150 mln fund launched by Silk Invest

Global asset manager Silk Invest is launching the Africa Food Fund, a new Euro 150 million private equity fund focusing on the African food sector. ...

Funds

Zimbabwe US$25 million women investment fund launched

Top Zimbabwean Government women leaders on 30 September launched a US$1 million Zimbabwe Women Investment Fund, aimed at mobilising resources to enhance women's participation in ...

Capital raising

$250 million TMT and real estate fund raising capital in East Africa

Kenyan venture capital company East Africa Capital Partners Ltd is to begin raising its second fund next year, with a target size of USD250 million, ...

Funds

Singer Bob Geldof aims to raise $1 bn for African private equity fund

Singer and campaigner Bob Geldof, famous for his music as well as his campaigns for aid for Africa, is seeking to raise $1billion from institutional ...

Exchange news

Africa investor conference, New York, 17 September

Africa investor is holding its annual Index Series conference at the New York Stock Exchange on 17 September. The aim is to bring African CEOs ...

Funds

GEF Africa sustainable forestry fund.

British development finance institution, CDC (www.cdcgroup.com) has committed US$50 million to the GEF Africa Sustainable Forestry Fund (GASFF), the first private equity fund to focus ...

Funds

Investors flock to $613 millon ECP Africa Fund III

International private equity firm Emerging Capital Partners on 25 July announced the final closing of its ECP Africa Fund III PCC (Africa Fund III), with ...