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MENA Digest: Car rental service Ejaro, two others raise early-stage funding

General

02 February, 2024

MENA Digest: Car rental service Ejaro, two others raise early-stage funding

Funding activity in the Middle East and North Africa region this week was led by a Saudi peer-to-peer car rental ......

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Gulf Succession Partners raises search fund, looks to find UAE firm for acquisition

Finance

31 January, 2024

Gulf Succession Partners raises search fund, looks to find UAE firm for acquisition

The UAE-based search fund Gulf Succession Partners, which was floated earlier this month, has received backing of 17 investors from ......

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Pakistan's i2i Ventures taps offshore LP for maiden fund

Finance

31 January, 2024

Pakistan's i2i Ventures taps offshore LP for maiden fund

Pakistan-based i2i Ventures, an early-stage venture capital firm, is set to raise fresh capital from an overseas limited partner for ......

MENA Digest: DXWand, Crysp Farms, Karty, Crealo secure funding

TMT

26 January, 2024

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 ......

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LeapFrog-backed African financial services firm finds a strategic buyer

Finance

25 January, 2024

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 ......

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Nigerian PE firm CardinalStone to make first exit from debut fund

Finance

25 January, 2024

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 ......

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Adenia Capital likely to strike control deal in South Africa

Infrastructure

24 January, 2024

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 ......

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African PE firm Medu Capital likely to strike a new bet

TMT

23 January, 2024

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 ......

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African infra investor AIIM to top up bet on two solar projects

Infrastructure

23 January, 2024

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 ......

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Sanlam Private Equity set to seal another control deal in South Africa

Manufacturing

22 January, 2024

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 ......