• Actis takes over 16 Abraaj funds

    Actis has received clearance to acquire Abraaj funds which will see it strengthen its foothold across emerging markets The funds acquired cover Asia and Africa and include sub vehicles and legacy funds inherited when Abraaj took over Aureos in Sub-Saharan Africa and Amundi in North Africa In Africa Actis has acquired ...

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  • Canadian & UK DFIs in co-invest partnership

    Canada s recently set up Development Finance Institution DFI Canada DFIC has signed a deal to explore emerging markets co-investment opportunities with the UK development financier CDC This is the latest in a string of agreements it has been signing since it was set up in DFIC operates under the FinDev ...

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  • US pension fund shortlists DPI et al. for Africa

    A US pension fund has picked Development Partners International DPI and three other fund managers investing in Africa as finalists on its first foray into the Africa continent The pension fund has been working on plans to sign its first ticket to a private equity fund investing in Africa and has ...

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  • Dutch LP backs 12 funds

    About Africa-focused funds have attracted a total of million from a Dutch LP in the four years since it was set up in primarily committing capital to vehicles in the East Africa region The capital committed is about of its overall allocations across the emerging markets it invests in Triple Jump ...

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  • SSA tops business reforms

    Sub-Saharan Africa SSA has topped the charts in terms of the region that has implemented the most reforms to improve the ease of doing business holding the position for the third consecutive year SSA executed reforms in the year ending June according to the latest World Bank Doing Business report which ...

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  • Germany unveils $1.1bn Africa fund

    Germany is working on plans to set up an Africa-focused development finance fund sized at approximately billion billion It becomes the latest in a string of G governments to announce plans to boost its activities on the continent in recent times The billion vehicle is expected to direct deals in Africa ...

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  • IFC adds 8 Africa funds

    The International Finance Corporation IFC backed eight private equity funds with an Africa focus in the latest financial year ending June with commitments totalling approximately million Funds took up approximately of the overall billion the development financier committed to Africa The bulk of IFC s commitments in the year were direct ...

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  • Southern Africa leads on deals

    Southern Africa including South Africa delivered the most number of deals in the first half of this year according to industry data Deal activity in the region rose six percentage points year-on-year from to The region had been the third most voluminous between January and June ranking behind West Africa the ...

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  • President Trump signs off on $60bn DFI

    The US President Donald Trump has stamped his approval on the aggregation of a number of US development finance institutions DFIs to create a billion investment platform to be called the US International Development Finance Corporation DFC The new DFI will see a number of development financiers merged under the Overseas ...

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  • Consumer sector reigns in H1

    The consumer sector was the most popular space for deal-making in the first half of the year delivering the largest deal volumes The sector which covers consumer discretionary and consumer staples brought in of deal volumes according to the African Private Equity and Venture Capital Association AVCA latest data The trade ...

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