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Exclusive: CardinalStone set for secondary PE buyout in Nigeria

Finance

08 December, 2023

Exclusive: CardinalStone set for secondary PE buyout in Nigeria

CardinalStone Capital Advisers (CCA), a Lagos-based private equity firm that was spun off from multi-asset investment firm CardinalStone Partners in ......

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Singapore agri firm Valency set to get over $100 mn tag in equity round

Consumer

22 November, 2023

Singapore agri firm Valency set to get over $100 mn tag in equity round

Valency International Pte Ltd, a Singapore-headquartered farm commodity and agricultural inputs company that focuses on Africa and India as its ......

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Another returning LP looks to sign bigger cheque for SPE Capital's Africa fund

Finance

22 November, 2023

Another returning LP looks to sign bigger cheque for SPE Capital's Africa fund

SPE Capital, which raised $258 million for its first private equity fund in early 2021 and roped in a returning limited partner (LP) ......

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Returning LP may increase cheque size for SPE Capital's new Africa fund

Finance

25 October, 2023

Returning LP may increase cheque size for SPE Capital's new Africa fund

SPE Capital, which was spun out of Swicorp and raised $258 million to hit the final close on its first private equity fund in ......

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Verod Capital, AfricInvest pick up majority stake in iSon Xperiences

TMT

18 October, 2023

Verod Capital, AfricInvest pick up majority stake in iSon Xperiences

African private equity firms Verod Capital and Africinvest have partnered to acquire a majority stake in business process outsourcing (BPO) ......

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How this IIT Madras grad went on to create the most prolific VC firm in Africa

Finance

22 September, 2023

How this IIT Madras grad went on to create the most prolific VC firm in Africa

In the middle of 2010, Zachariah George visited South Africa on a short sabbatical that would change his destiny—and the fortunes of hundreds ......

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Amethis may pocket bigger cheque from returning LP for third Africa PE fund

Finance

31 August, 2023

Amethis may pocket bigger cheque from returning LP for third Africa PE fund

Pan-African private equity firm Amethis is set to receive a larger contribution from a returning limited partner (LP) for its ......

Bharti Airtel's Uganda unit files for $216-mn IPO

TMT

29 August, 2023

Bharti Airtel's Uganda unit files for $216-mn IPO

Billionaire Sunil Mittal’s backed telecom services provider Airtel Uganda Ltd, a subsidiary of Airtel Africa plc, plans to raise 800 ......

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Launch Africa Ventures aims at over $100 mn AUM with second VC fund

Finance

29 August, 2023

Launch Africa Ventures aims at over $100 mn AUM with second VC fund

Launch Africa Ventures, a venture capital firm that invests across the continent, is planning to raise its second fund that ......

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Eco.business' climate-focused debt fund aimed at Africa set to get a top-up

Infrastructure

08 August, 2023

Eco.business' climate-focused debt fund aimed at Africa set to get a top-up

Eco.business, a fund aiming to promote businesses contributing to biodiversity conservation in Latin America, Sub-Saharan Africa and the Caribbean, has ......