• 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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  • 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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