Africa

TMT

19 November, 2024

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 ......

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Finance

13 November, 2024

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 ......

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TMT

07 November, 2024

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 ......

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Finance

04 November, 2024

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 ......

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Finance

29 October, 2024

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 ......

Healthcare

29 October, 2024

Micro Labs snaps up Nigerian generics drugmaker Swipha

Bengaluru-based Micro Labs Ltd, one of the largest privately held drugmakers in India, said Tuesday it has acquired Nigerian pharmaceuticals company ......

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Infrastructure

25 October, 2024

MENA Digest: Prypco leads funding this week; Pargo, invygo, Mala also raise capital

The Middle East and North Africa region saw key funding announcements this week, led by UAE-based proptech startup Prypco, which ......

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Infrastructure

24 October, 2024

RMB Ventures, Capitalworks to monetise 11-year-old consortium deal

RMB Ventures, the private equity arm of Africa’s largest financial services group FirstRand Bank, is likely to exit its over-a-decade-old ......

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Consumer

23 October, 2024

Africa-focused PE Helios set to acquire Egyptian food company

Helios Investment Partners, one of the largest private equity firm active in Africa with assets worth over $3 billion, is set ......

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Infrastructure

23 October, 2024

Moroccan conglomerate H&S Invest-owned BLS acquires transport firm

Building Logistics Services (BLS), the logistics services arm of Moroccan family-owned conglomerate H&S Invest Holding, has fully acquired a prominent ......