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Infrastructure

13 May, 2024

BII-owned Globeleq to onboard international investor for Africa project

Globeleq Africa Holdings, a UK-based leading independent power producer in Africa that develops, owns, and operates renewable energy plants in ......

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Infrastructure

10 May, 2024

Belkhayat-run Moroccan group raising equity from offshore investor for logistics arm

Moroccan family-owned group H&S Invest Holding, which operates in FMCG, logistics, pharmaceuticals, media communication, and real estate sectors, is likely ......

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People

10 May, 2024

VC firm 500 Global elevates key executive as MENA managing partner

500 Global, a multi-stage venture capital firm that emerged as one of the most active investors in the Middle East ......

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Finance

10 May, 2024

MENA Digest: Egyptian startups lead funding activity

Egyptian fintech startups Swypex and MNZL led funding activities in the Middle East and North Africa region,, even as overall ......

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TMT

09 May, 2024

Pan-African private equity firm Admaius strikes fourth bet from first outing

Admaius Capital Partners, a pan-Africa focussed private equity firm has struck a fourth deal from its inaugural $250-million investment vehicle, ......

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Healthcare

09 May, 2024

Kelix Bio to acquire five UAE-based pharma entities post Mubadala deal

Kelix Bio, an emerging markets-focused specialty generic biopharmaceutical company is looking to acquire five UAE-based pharma entities to further expand ......

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Finance

09 May, 2024

Medu Capital's managing partner on exits, new fund, IRR and more

Johannesburg-based private equity firm Medu Capital aims to exit its third investment vehicle by the end of 2025, 11 years ......

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TMT

08 May, 2024

UK PE firm Apis Partners marks sixth full exit from debut fund

Apis Partners, a UK-based private equity firm, which backs growth stage financial services and financial infrastructure businesses, has fully exited ......

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People

08 May, 2024

Manipal Hospitals backer Novo Holdings ropes in former IFU exec

Danish investor Novo Holdings, which owns a majority stake in obesity drugmaker Novo Nordisk and manages assets of the Novo ......

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Finance

08 May, 2024

Flutterwave backer LoftyInc courts offshore LP as it aims to quintuple AUM with new Africa VC fund

LoftyInc Capital, a pan-African early-stage venture capital firm, is likely to secure commitment from a European development finance institution for ......