• Exclusive: Ex-Carlyle Africa co-head hits 1st close with c50%

    Ex-Carlyle Sub-Saharan Africa SSA co-head Marlon Chigwende s pictured new firm has brought in approximately for the first close of its maiden fund netting in capital from commercial LPs Admaius Capital Partners has brought in million for the first close of its maiden fund Virunga Africa Fund I The fund is ...

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  • DPI beats fund target with over 25 1st time LPs

    Development Partners International DPI has hit final close on its third vehicle beating target by about The investor has altogether raised over one billion including co-investments also adding over new LPs to its investor base DPI s African Development Partners III ADP III has been closed at million about above the ...

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  • Softbank & Zuckerberg deal values company at $1.5bn

    SoftBank Investment Advisers has signed a deal to back a series-E investment into an Africa-focused technology-based business services company valuing the company at billion The Chan Zuckerberg Foundation is also in the deal as a follow-on investor SoftBank has backed a million investment round into Andela investing alongside Whale Rock Capital ...

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  • PEA 2021 Awards Shortlist Announced

    Private Equity Africa PEA is pleased to announce the PEA Awards shortlist In their th year the PEA awards are the ultimate accolade of success in the African Private Equity industry and are based on achievements The shortlist is a compilation of self-entries complemented by editorial recommendations from the PEA team ...

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  • Obama takes minority stake in Helios company

    Former US president Barack Obama is taking a minority stake in Helios Fairfax Partners HFP South Africa-based business services portfolio company NBA Africa Obama is joining the deal to focus on NBA Africa s social impact across the continent The former US president plans to use returns from the stake to ...

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  • LPs report strong global PE returns

    LPs are reporting strong returns from private equity investments globally with some seeing record high numbers according to recent research About two thirds or of those surveyed by Coller Capital in its most recent Global Private Equity Barometer said that they have now achieved overall net returns of between and from ...

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  • Exclusive: ECP team spins out to join Alterra, ex-Carlye Africa platform

    Emerging Capital Partners ECP founding partner Bryce Fort has co-led the spin out of the firm s Anglophone team to join Alterra Capital Partners the recently set up platform by the ex-Carlyle Africa team The combined team is set to hit the fundraising trail with a new Africa-focused fund Fort has ...

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  • SWF signs pact to invest c$400m in African deals & funds

    An emerging markets sovereign wealth fund SWF has signed a deal to invest over million in deals and funds across Africa as it works to build out its footprint across the continent Mubadala Investment Company the United Arab Emirates UAE sovereign wealth fund SWF has signed a co-investment agreement with Bpifrance ...

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  • Canadian DFI increases Africa allocations

    Canada-based development finance institution DFI FinDev Canada has more than doubled its commitments to Africa as it works to grow its footprint on the continent FinDev invested million in Africa in the year over two times the million allocated to the continent in In the year million or of the Africa ...

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  • Austrian DFI triples Africa commitments

    Austria-based development finance institution Oesterreichische Entwicklungsbank OeEB raised its Africa commitments by over threefold despite cutting back on its overall allocations to emerging markets OeEB invested approximately million million in Africa in the year over three times the million allocated to the continent in Meanwhile the development financier s overall allocations ...

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