Africa
People
CDC elevates Abhinav Sinha, three others as managing directors
CDC, the UK’s development finance institution that will soon be renamed British International Investment (BII), has appointed four new managing ......
TMT
Tata Communications sews new deal to sell Neotel
Tata Communications Ltd has inked a new agreement to sell its South African telecom arm Neotel Pty Ltd to another ......
Infrastructure
After gold, India set for its first diamond mine auction
After the successful first auction of a gold mine in February, India is all set for its first auction of ......
Infrastructure
India plans to set up solar energy projects in underdeveloped Asian and African countries
In what may bolster its credentials as the global clean energy champion, India plans to develop small-scale solar power projects ......
TMT
Ethos PE spinout Infinite Partners set to acquire fibre infra firms
Infinite Partners, a South Africa-based mid-market private equity firm spun out from Ethos PE, is set to acquire a slew ......
TMT
Turkish PE Pragma acquires minority stake in cyber intelligence firm
Pragma Capital Partners, the private equity arm of Turkey’s investment banking company Pragma that backs tech and industrial companies, has acquired a ......
Finance
Africa-focused French impact investor I&P set to onboard returning LP for new fund
Investisseurs & Partneraires (I&P), an Africa-focused impact investment firm that backs high-growth small and medium-sized enterprises (SMEs) and startups in ......
TMT
PE firm Turkven acquires cloud services provider in third bet of 2024
Turkven, a Turkish private equity firm that backs mid-sized companies and manages assets worth over $2 billion, has acquired a ......
Finance
African VC Janngo marks final close of second fund with oversubscription
Janngo Capital, a Francophone Africa-focused multi-stage venture capital firm that backs tech-based small and medium enterprises, marked the final close ......
Finance
DPI strikes ninth bet from one of largest PE funds of Africa
Africa-focused private equity firm Development Partners International (DPI), which manages assets and co-investments worth over $3 billion across three investment ......