• CDC keeps Africa funds allocations on par

    CDC s commitments to Africa-focused funds have largely stayed on par as the development financier grows its allocations to its debt strategy The development financier backed funds with approximately million million in the year The million allocated to Africa-focused funds in its latest financial year is largely on par with the ...

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  • Actis finalises 2 of 16 Abraaj funds

    Actis has finalised the acquisition of two Abraaj funds that it was working to acquire The two funds are part of the vehicles including sub-funds that Actis had received regulatory clearance to acquire The plans to acquire the funds were a href https peafricanews com actis-takes-over- -abraaj-funds previously reported a by ...

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  • PE-backed company gets $3.9bn valuation

    Private equity-backed Africa-focused telecommunications services company has been listed on the London Stock Exchange LSE with the initial public offering IPO valuing the company at approximately billion billion Airtel Africa company is part-owned by Warburg Pincus and Temasek which invested in the company to back a billion pre-IPO funding round in ...

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  • Canada & Belgium DFIs sign deal

    Canada s recently set up Development Finance Institution DFI Development Finance Institution Canada DFIC has continued its spree to sign agreements with global DFI s DFIC has signed a deal to explore emerging markets co-investment opportunities with the Belgian Investment Company for Developing Countries BIO DFIC operates under the FinDev Canada ...

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  • DPI & et al in $1.85bn mega exit

    Development Partners International DPI Capital Group Standard Chartered Private Equity SCPE and Ethos Private Equity have sealed a deal to exit Eaton Towers an Africa-focused telecommunications portfolio company The sale gives the company an enterprise value of approximately billion Fund-of-funds FoF investors Hamilton Lane and HarbourVest have also been investors in ...

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  • Helios’s new $1bn+ fund eyes 1st close

    Helios Investment Partners has sized its latest fund at over a billion as it stands inline to beat its own record as having raised the largest private equity fund for the continent to date The generalist vehicle which is eyeing a first close later this year follows in the footsteps of ...

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  • FinDev signs up another DFI

    Canada s recently set up Development Finance Institution DFI Development Finance Institution Canada DFIC has continued its spree to sign agreements with DFI s with its latest being France s Proparco DFIC operates under the FinDev Canada brand FinDev and Proparco have signed a memorandum of understanding MoU to co-invest across ...

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  • Abraaj’s Naqvi arrested (Free Content)

    Arif Naqvi founder and chief executive at Abraaj Holdings has reportedly been arrested in the UK and is awaiting possible extradition to the US where he was accused of misappropriating at least million According to Bloomberg Abraaj ex managing partner and global head of private equity Mustafa Abdel-Wadood has also been ...

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  • Canadian LP appoints Alemayehou

    Development Finance Institution Canada DFIC has added Mimi Alemayehou to its newly created board She is part of the people that have been named as board members DFIC operates under the FinDev Canada brand Alemayehou has been managing director at Black Rhino an Africa-focused greenfield infrastructure development company that was first ...

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  • Quantum head released, Mauritius unfreezes licences

    Quantum global chairman Jean-Claude Bastos de Morais has been released from an Angolan jail following the resolution of disputes with the SWF of Angola The Mauritius regulators has also lifted the freezing order against the bank accounts Bastos has been released from detention and that the Angolan authorities have not filed ...

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