• 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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  • Investec Asset Management spins out

    Investec is working on plans to spin out its asset management business now valued at approximately billion billion in assets under management Investec Asset Management IAM will also be listed on the London Stock Exchange with additional listing on the Johannesburg Stock Exchange JSE The spin out and listings are subject ...

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  • Africa fundraising thaws

    Fundraising for Africa is showing signs of thawing with figures in the first half of coming in at a moderate improvement over the same period last year Fundraising for private equity in the first six months of the year closed at higher year-on-year at million in interim and fund closures This ...

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  • China plans $10bn Africa fund

    China s President Xi Jinping has revealed plans to set up a development finance fund with a billion commitment for Africa This is part of the larger billion commitment to Africa in the three years to Details of the fund are yet to be disclosed The billion is the same amount ...

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  • UK in Africa tech push, as part of £8bn drive

    The UK government has set out initiatives to boost investments into Africa and strengthen ties with the continent as it exits the European Union The government has plans to push about billion billion into the continent with ambitions to become the largest G investor into Africa with the technology sector taking ...

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  • ECP tops OPIC Africa fund commitments

    Emerging Capital Partners ECP has received the most capital from Overseas Private Investment Corporation OPIC historically compared to other GPs with vehicles dedicated to Africa OPIC has backed funds historically six of which it has now exited ECP has historically received an aggregate of million spread across four funds including an ...

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  • Africa’s dry powder drops 20%

    Africa s private equity dry power has dropped by almost a year-on-year as fund managers deploy capital at a faster rate than they are fundraising This is against a backdrop of aggregate emerging markets dry powder across emerging markets rising almost Africa had the highest drop in dry powder at year-end ...

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  • OPIC names new funds head

    The Overseas Private Investment Corporation OPIC has named Frank Dunlevy as its new vice president and head of investment funds He has also been named counsellor to OPIC president and chief executive officer Ray Washburne who was appointed by US president Donald Trump in Dunlevy replaces Lynn Nguyen who took over ...

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