Kenya
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East Africa-focused PE firm Ascent Capital strikes fourth bet from fund II
Ascent Capital, an East Africa-focused private equity firm that invests in small and medium-sized enterprises (SMEs), has struck the fourth ......
TMT
Bharti Airtel's Africa unit set to bag a big cheque from offshore investor
Airtel Africa Plc, which is listed on the London Stock Exchange and is a subsidiary of India’s Bharti Airtel, is ......
General
World Bank's Banga denies IFC cover up of abuse involving Kenya school investment
World Bank President Ajay Banga on Monday rejected allegations that the bank's International Finance Corp arm sought to cover up ......
TMT
Africa venture capital investments fall a tad in 2022 but defy global slump
Venture capital investments in Africa dipped slightly to $6.5 billion last year but avoided the sharp drop seen in most ......
Finance
Artha India Ventures backs Kenya's BuuPass in third African bet
Artha India Ventures, the alternative investment arm of the family office of Ashok Kumar Damani, has backed Kenya-based mobility marketplace ......
Infrastructure
DFIs-backed Serengeti set to take majority stake in Africa hydro project
Serengeti Energy, a power producer in sub-Saharan Africa co-created by Swiss impact investor responsAbility Investments AG and later spun out ......
TMT
Artha India Ventures debuts in Africa with investment in Badili
Artha India Ventures (AIV), the family office of Ashok Kumar Damani Wednesday said it has invested an undisclosed sum in ......
Manufacturing
Dubai-based Phoenix Group to invest in rose exporter Karuturi's Kenyan biz
Dubai-based agriculture and food company Phoenix Group will invest in debt-laden Kenya operations of rose exporter Karuturi Global Ltd.The investment ......
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