Africa
General
World Bank's Banga denies IFC cover up of abuse involving Kenya school investment
World Bank President Ajay Banga on Monday rejected allegations that the bank's International Finance Corp arm sought to cover up ......
Finance
African PE firm SPE Capital taps another returning LP for third fund
Africa- and Middle East-focused private equity firm SPE Capital, which invests in mid-sized companies, is set to secure a commitment from ......
TMT
MENA Digest: DXWand, Crysp Farms, Karty, Crealo secure funding
Egyptian artificial intelligence startup DXWand led dealmaking in the Middle East and North Africa region this week. It raised growth ......
Finance
LeapFrog-backed African financial services firm finds a strategic buyer
Emerging markets-focused private equity and impact investment firm LeapFrog Investments has found a strategic buyer for one of its African financial services ......
Finance
Nigerian PE firm CardinalStone to make first exit from debut fund
Lagos-based private equity firm CardinalStone Capital Advisers, which backs small and medium businesses in Nigeria and Ghana, is exiting one ......
Infrastructure
Adenia Capital likely to strike control deal in South Africa
Mauritius-based mid-market private equity firm Adenia Partners, which focuses on businesses across Africa, is set to make its second deployment ......
TMT
African PE firm Medu Capital likely to strike a new bet
Medu Capital, one of the most active private equity investors in South Africa, is likely to strike a fresh deal ......
Infrastructure
African infra investor AIIM to top up bet on two solar projects
African Infrastructure Investment Managers (AIIM), an infrastructure-focused private equity firm, is likely to top up its commitment to two South ......
Manufacturing
Sanlam Private Equity set to seal another control deal in South Africa
South African financial services major Sanlam’s private equity unit, which struck two deals last year including a bolt-on transaction under its portfolio ......
Healthcare
Mubadala-backed renal care firm Diaverum likely to acquire another centre in Morocco
Diaverum, a renal care firm owned by Abu Dhabi wealth fund Mubadala-backed healthcare company M42, is set to buy another ......