International

Finance

01 December, 2023

Investcorp unveils $750-mn climate fund, gets Bahrain SWF Mumtalakat as anchor

Bahrain-based alternative asset manager Investcorp is launching a $750 million climate fund, anchored by sovereign wealth fund Mumtalakat. The fund, Climate ......

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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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TMT

03 November, 2023

Norrsken22 raises second largest Africa VC fund

Norrsken22, a tech growth fund targetted at Africa and backed by a network of tech founders from Scandinavia, has hit ......

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Finance

03 November, 2023

4DX Ventures aims to more than double AUM with third Africa VC fund

4DX Ventures, which has been one of the more active venture capital investors in early-stage startups in Africa, has kicked ......

Finance

03 November, 2023

Private equity rushes to Gulf as fundraising dries up in other regions

A growing number of private equity funds are opening offices in the Gulf, hoping to deepen their ties with cash-rich ......

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Consumer

26 October, 2023

Exclusive: Zoscales, Ascent Capital Africa to strike joint PE deal in Ethiopia

East Africa-focussed private equity firms Zoscales Partners and Ascent Capital Africa are in an advanced stage of discussions to ink ......

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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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TMT

13 October, 2023

Exclusive: Top tier PE consortium set to acquire NIDF-backed Pan African Towers

A group of top private equity firms have joined hands to strike a buyout transaction for Pan-African Towers, a telecommunications ......

Finance

10 October, 2023

Sovereign wealth fund ADIA optimistic on equities, private credit after turbulent 2022

Sovereign wealth fund Abu Dhabi Investment Authority (ADIA) said it was optimistic on public equities for 2023 after last year's ......

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General

28 September, 2023

Yassir-backer P1 Ventures set to loop in key LP after making first close for Africa VC fund

P1 Ventures, an early stage venture capital firm, which is currently raising its maiden institutional fund even as it has ......