Nigeria
Finance
DPI strikes ninth bet from one of largest PE funds of Africa
Africa-focused private equity firm Development Partners International (DPI), which manages assets and co-investments worth over $3 billion across three investment ......
Healthcare
Exclusive: Micro Labs set to acquire Nigerian generics company
Bengaluru-based pharmaceuticals firm Micro Labs Ltd, one of the largest privately held pharma companies in India, is close to acquiring a Nigerian ......
Finance
Nigerian PE African Capital Alliance set to exit decade-old bet
African Capital Alliance (ACA), a West Africa-focused private equity firm that backs mid to large-cap companies and manages assets worth ......
Finance
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 ......
People
Africa's Verod Capital appoints another partner in bid to grow
West African private equity investor Verod Capital, an investor in African companies like Africa Lifestyle, I-Fitness,IT player Ison Xperiences, pharma ......
TMT
European IT giant Asseco Group set to log out of Nigeria unit
Asseco Group, the Poland-headquartered software giant with a presence in over 50 countries, plans to exit the Nigerian market by ......
Finance
LeapFrog-backed African financial services firm finds a strategic buyer
Emerging markets-focused private equity and impact investment firm LeapFrog Investments has found a strategic buyer for one of its African financial services ......
Infrastructure
Nigerian SWF teams up with two tycoons, PE-style firm to build multipurpose arena
The sovereign wealth fund of Nigeria has joined hands with two local business tycoons and a private equity-style firm to ......
TMT
Verod Capital, AfricInvest pick up majority stake in iSon Xperiences
African private equity firms Verod Capital and Africinvest have partnered to acquire a majority stake in business process outsourcing (BPO) ......
Infrastructure
Exclusive: Actis set to revisit a real estate asset in West Africa
Alternative investment firm Actis is close to striking a deal in West Africa that would see it return to an ......