Funds

Funds

Changing perceptions mean $1.3 bn allocated to Africa

Africa regional funds attracted $484 million inflows in the first half of 2010, says EPFR Global, and total investment fund allocation to Africa was a ...

Egypt

Citadel Capital announces cement deals in Sudan and Egypt

Leading African private equity house Citadel Capital has this week announced 2 cement deals. Citadel was recently named “African Business of the Year” at a ...

Capital raising

Jacana makes first investment, into Kenya’s InReturn Capital

A UK-based investment and advisory firm concentrating on African venture capital managers has announced its first investment. Jacana Venture Partnership on 29 June announced that ...

Egypt

PE firm Citadel Capital wins “African Business” title

Private equity firm Citadel Capital, with $8.3 billion in investments, has won the title of “African Business of the Year” at a gala awards ceremony ...

Funds

Consensus Business Group launches $92 million “clean tech” fund for Southern Africa

South Africa’s first, specialised, private equity clean technology fund, Evolution One Fund, has reached its final closing after raising R700 million (US$92 million) from local ...

Funds

Adlevo announced first closing on African technology fund

Adlevo Capital Managers (www.adlevocapital.com) announced on 10 June that it has completed the first closing of Adlevo Capital Africa LLC fund with capital commitments of ...

Exchange news

Africa Sustainable Investment Forum launched

A top line-up of speakers from the financial community launched the Africa Sustainable Investment Forum (AfricaSIF- http://www.africasif.org) on 9 June at the Johannesburg Stock Exchange. ...

Funds

CDC steps up investments in African funds

The UK’s development finance organisation CDC Group PLC (www.cdcgroup.com) says that 2009 marked the start of CDC’s new, 5-year investment policy which will see it ...

Funds

China-Africa fund starts to raise further $2 billion

The China-Africa Development Fund has started to raise its second round of capital, aiming to raise $2 billion over three years, according to a report ...

Funds

Progress of the $5bn equity China-Africa Development Fund

The flagship of Chinese equity investment into Africa, the $1 billion China-Africa Development Fund, opened a branch in Addis Ababa on 30 March. Initial financing ...

Funds

Angola’s first private equity fund raises $28 mln

Angola’s first private equity fund has raised US$28 million in capital in its first closing, in an important step forward for the country’s capital markets. ...

Funds

Private equity firm joins responsible investing

Private equity fund manager Aureos Capital (www.aureos.com) has signed up for a UN-backed globally recognized initiative to promote responsible investment. Aureos specializes in investing into ...

Exchange news

Angolan stock market within 12 months

Eduardo Vieira, President of Angolan stockbroker Novacao Corretora de Valores As the former minister has said, we strongly anticipate that there will be a stock ...

Funds

Aureos Africa makes another $10 mln investment in Nigeria

The Aureos Africa Fund, which closed its fundraising in January with US$381 million, has completed a $10 mln investment in a leading Nigerian leasing company, ...

Funds

StanChart steps up Nigeria equity investments

Standard Chartered Private Equity Limited recently announced $47.5million investment for a minority stake in Seven Energy, a leading Nigerian gas exploration and development company, according ...

Funds

Aureos Africa gets busy investing $381 mln

The Aureos Africa Fund is busy with its mission – it says it is the largest fund ever to focus on investing in small to ...

Funds

New World Bank group investment funds for Africa

The World Bank continues to step up its investments into Africa, and in February expects first close on a $500 million sub-Saharan Africa, Latin America, ...

Funds

Boost for $55 mln E African start-up/SME fund

A new fund is making good progress in raising up to US$55 million to be invested in business start-ups and small and medium enterprises in ...

Egypt

Citadel Capital private equity fund opens in East Africa

Egypt-based private equity fund Citadel Capital is to open an East African office in Nairobi during January. Citadel says it is independently ranked as Africa's ...

Funds

Africa Health Fund makes first investment

The Africa Health Fund, managed by private equity fund manager Aureos Capital has made its first investment, acquiring a stake in the Nairobi Women’s Hospital ...