MEA
Finance
XSML Capital's Slingelandt on likely close of fourth fund, new investment horizon and more
XSML Capital, an Africa-focused Dutch private equity firm that backs small and mid-sized businesses across Central and Eastern Africa expects ......
Infrastructure
African PE firm Mediterrania makes second full exit from third fund
Mediterrania Capital Partners, a Malta-based private equity firm that focuses on growth-stage small and mid-sized businesses in North and Sub-Saharan ......
Finance
Gulf VC Shorooq Partners marks final close of third fund with oversubscription
Shorooq Partners, an Abu Dhabi-based venture capital firm focused on early-stage tech startups, marked the final close of its second VC ......
TMT
MENA Digest: Penny Software, Fortis, U-topia raise funds; Beltone VC launches $30-mn fund
Funding activity picked up in the Middle East and North Africa region this week after slowing down of action during ......
Finance
Palestinian VC Ibtikar Fund may get European LP for second fund
Ibtikar Fund, the conflict-stricken Palestine’s only venture capital firm, which backs early-stage Palestinian-founded startups in the West Bank, Gaza, and ......
TMT
MENA Digest: Egypt's Sprints, Bahrain's Ahlan raise funds, dealmaking slows down
Dealmaking slowed down sharply during the week amid Ramadan. Among the deals that did happen were early-stage fundraises by Egyptian ......
Healthcare
African PE firm Admaius Capital Partners strikes third bet from debut fund
Admaius Capital Partners, a Rwanda-based private equity firm with a pan-Africa focus, has made the third deployment from its investment ......
Infrastructure
Adenia Partners ropes in three LPs to acquire South Africa's The Courier Guy
Adenia Partners, a Mauritius-based private equity firm that focuses on mid-sized businesses across Africa, has fully acquired a South African ......
General
Aramco boosts venture unit, more than doubles VC funding
9Saudi Aramco 2223.SE said on Wednesday it has boosted its Aramco Ventures unit by $4 billion, more than doubling the oil giant's ......
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 ......