MEA

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Finance

25 April, 2024

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 ......

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Infrastructure

25 April, 2024

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 ......

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Finance

24 April, 2024

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 ......

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TMT

19 April, 2024

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 ......

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Finance

29 March, 2024

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 ......

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TMT

29 March, 2024

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 ......

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Healthcare

20 March, 2024

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 ......

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Infrastructure

04 March, 2024

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 ......

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General

18 January, 2024

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

17 January, 2024

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 ......