• 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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  • France sets up $2.8bn Africa platform

    France President Emmanuel Macron has launched Choose Africa - a platform that is set to invest about billion billion into funds and deals in Africa Choose Africa has been structured to back both equity and debt deals across the continent The platform will be managed by Agence Fran aise de D ...

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  • OPIC names new CEO

    David Bohigian has taken on the role as acting president and chief executive officer CEO of Overseas Private Investment Corporation OPIC Bohigian was appointed acting president and CEO of OPIC earlier in following the departure of Ray Washburne - who is leaving after two years to spend more time with his ...

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