The ongoing collapse of the giant Abraaj platform in the world’s biggest private-equity insolvency has hit flows into Africa-focused private-equity funds. Former Abraaj managing partner Mustafa Abdel-Wadood is cooperating with New York prosecutors after pleading guilty in a Manhattan court 2 weeks ago. He could face up to 125 years in prison. Abraaj was founded […]
Private equity fund managers (general partners or GPs) are using money promised by investors (limited partners or LPs) as security to borrow from banks. The Economist magazine says, in a recent article on the Abraaj crisis, says investors are becoming “warier of private-equity firms’ less orthodox tactics”. The magazine says that GPs use these “subscription […]
Africa’s $372bn pension fund assets – do they facilitate inclusive growth and social stability? Is the money well invested, including capital markets and equities, private equity and infrastructure development? Bright Africa report by RisCura.
Congratulations to all the winners and participants of the Private Equity Africa Awards 2017.
There were about 100 private equity deals in Africa in 2016, according to Preqin, valued at $3bn, according to figures at the industry-leading Private Equity Africa 7th annual review and outlook.
Tonight’s meeting: Private Equity Africa 7th Annual Review & Outlook Seminar at Thomson Reuters HQ “Generating alpha in uncertainty” features top speakers identifying 2017 trends, including emerging credit funds, deal pricing and activity.
Fund-raising for African private equity funds was slower in the first three quarters of 2016 compared to 2015, but deal-making was stronger, according to EMPEA.
Roundup of some recent initial public offers (IPOs) of shares which raised capital for businesses listed on Africa’s stock exchanges.
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.
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.
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?
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.
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.
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.
International Financial Law Review (IFLR) Africa Forum on 20 May to focus on innovative financing and M&A for resource and infrastructure investment.
The listing of Société d’Articles Hygiéniques (SAH), on the Tunis Stock Exchange on 9 Jan after a private placement and an oversubscribed initial public offer (IPO) is the largest listing on the Tunis bourse, valuing the company at $163.5 million.
Shareholders of leading investment company Citadel Capital have voted recently to allow the company, which says it has US$ 9.5 billion in investments under control, to boost capital by EGP 3.64 billion capital increase as part of major restructuring.