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Adenia Partners ropes in three LPs to acquire South Africa's The Courier Guy

Infrastructure

04 March, 2024

Adenia Partners ropes in three LPs to acquire South Africa's The Courier Guy

Adenia Partners, a Mauritius-based private equity firm that focuses on mid-sized businesses across Africa, has fully acquired a South African ......

MENA Digest: Saudi firm CoreVision buys VeFund; MoneyHash, Hayi get funding

TMT

01 March, 2024

MENA Digest: Saudi firm CoreVision buys VeFund; MoneyHash, Hayi get funding

Saudi investment firm CoreVision led dealmaking activity in the Middle East and North Africa region during the week as it ......

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How India emerged as top Asian destination for Middle East investors

Finance

01 March, 2024

How India emerged as top Asian destination for Middle East investors

India has emerged as the largest recipient of private capital from the Middle East across Asia during the four years ......

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Not focusing on office assets in India, to grow warehousing biz: Investcorp's Sharma

Finance

01 March, 2024

Not focusing on office assets in India, to grow warehousing biz: Investcorp's Sharma

Bahrain-based alternative asset manager Investcorp, one of the most active private equity-style investors in India last year, aims to build ......

IFC teams up with PE firm Solcon Capital for deeptech bets in India, South Africa

TMT

28 February, 2024

IFC teams up with PE firm Solcon Capital for deeptech bets in India, South Africa

International Finance Corporation (IFC) and African tech-focused private equity firm Solcon Capital (earlier Convergence Partners Investments) are coming together to set ......

Dubai VC firm COTU Ventures hits final close of debut fund

Finance

27 February, 2024

Dubai VC firm COTU Ventures hits final close of debut fund

COTU Ventures, a Dubai-based early-stage venture capital firm, has marked the final closing of its debut investment vehicle to back ......

QIA to invest over $1 bn in VC funds

Finance

27 February, 2024

QIA to invest over $1 bn in VC funds

Qatar's sovereign wealth fund on Monday said it would invest over $1 billion in international and regional capital funds as ......

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Dubai's MEVP scores maiden ‘dragon' exit and first full harvest from second VC fund

TMT

26 February, 2024

Dubai's MEVP scores maiden ‘dragon' exit and first full harvest from second VC fund

Middle East Venture Partners (MEVP), a Dubai-based venture capital firm which invests in early- and growth-stage tech startups, has made ......

Goldman Sachs, Mubadala seal $1-bn private credit partnership; to focus on India

Finance

26 February, 2024

Goldman Sachs, Mubadala seal $1-bn private credit partnership; to focus on India

Goldman Sachs and Abu Dhabi's sovereign wealth fund Mubadala have struck a $1 billion deal, signing a seperately managed account ......

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Verod Capital snaps majority stake in Nigerian fitness chain; CardinalStone exits

Healthcare

24 February, 2024

Verod Capital snaps majority stake in Nigerian fitness chain; CardinalStone exits

West African private equity investor Verod Capital has struck sixth deal from its third investment vehicle, picking a majority stake ......