Africa
Finance
AIIM gets fatter cheque from returning LP for new pan-Africa fund
African Infrastructure Investment Managers (AIIM), the continent's most active infrastructure asset manager, has secured commitment from a European institutional investor ......
Healthcare
Egyptian PE firm Ezdehar strikes second bet in a week
Egyptian mid-market focussed private equity firm Ezdehar, which hit the final close of its latest vehicle in 2022 with an ......
General
Mauritian investor Adenia gets returning LP for latest Africa-focussed vehicle
Mauritius-based private equity firm Adenia Partners, a backer of nearly 30 companies across the African continent including names like Orange, ......
Consumer
Abu Dhabi wealth fund ADQ signs deal for stake in Egypt luxury hotels
Abu Dhabi wealth fund ADQ has agreed to acquire a 40.5% stake in ICON, the hospitality arm of Egypt's Talaat ......
Infrastructure
Nigerian SWF teams up with two tycoons, PE-style firm to build multipurpose arena
The sovereign wealth fund of Nigeria has joined hands with two local business tycoons and a private equity-style firm to ......
Infrastructure
Africa50 nears halfway mark in first close of infrastructure fund
Africa50 Group, a pan-African infrastructure investment firm, said Tuesday it has hit the first close for its Africa50 Infrastructure Acceleration ......
Consumer
Egyptian PE firm Ezdehar strikes control deal for apparel retailer
Egyptian private equity firm Ezdehar, which invests in mid-market businesses, has acquired a majority stake in a Cairo-based apparel company, ......
Infrastructure
Affirma Capital tops up commitment to African power company
Emerging markets-focused private equity firm Affirma Capital has topped up its commitment to an existing portfolio company, deploying additional capital ......
TMT
Flashback 2023: How startup dealmaking panned out across the MENA region
The Middle East and North Africa (MENA) region has recorded a surge in startup activity over the last few years ......
Infrastructure
Cargill spinoff Proterra strikes an exit in Africa via secondary PE deal
Proterra Investment Partners, a US-based private equity firm spun off from agribusiness giant Cargill in 2016, has struck an exit ......