International
Finance
Africa-focused ALCB Fund onboards European DFI
ALCB Fund, an Africa-focused debt investment vehicle, is set to secure commitment from a European institutional investor as it plans ......
TMT
MENA Digest: Funding momentum led by two realty, construction-focused UAE startups
UAE tech-based startups, Tenderd and Stake, led funding activity in the Middle East and North Africa (MENA) region over the ......
Finance
SPE Capital hits first close for its $350 mn North Africa PE fund
SPE Capital, an Africa and Middle East-focused private equity firm managing a portfolio of over 15 companies, has hit the ......
Infrastructure
Brookfield to acquire majority stake in GII's 1.5-mn-sq-ft logistics portfolio
Canadian alternative investment firm Brookfield Asset Management will acquire a controlling stake in UAE-based Gulf Islamic Investments' logistics real estate platform ......
Finance
Believe it or not: Average mid-stage VC cheques in Africa are bigger than the rest of the World!
Mature startups in Africa recorded the highest median deal value in Series B and C rounds through 2023, compared to ......
TMT
South Africa's Medu Capital strikes fresh tech bet in the region
Johannesburg-based Medu Capital, one of the most active private equity firms in South Africa, has struck a deal in the ......
TMT
MENA Digest: Travel tech platform Tumodo leads funding activity in region this week
Funding activity in the Middle East and North Africa (MENA) region during the week was led by UAE-based business-to-business travel ......
Finance
SPE Capital set to pocket LP cheque for new fund
SPE Capital, an Africa and Middle East-focussed private equity firm managing a portfolio of over 15 companies, is looking to ......
General
Egypt's Hassan Allam roping in offshore equity investor for renewable energy projects
Hassan Allam Utilities (HAU), the investment and development arm of Egypt’s largest company Hassan Allam Holding, is looking to rope ......
General
Helios taps offshore LP for up to $30 mn commitment for climate fund
Helios Investment Partners, one of the largest private equity firms in Africa that cut short its fundraising program for its ......