A US-based investor has signed an early-stage deal to back a transportation company, a low-cost airline, based in Nigeria. The financial details have not been … more
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PIC in $2.8bn Barclays deal
South Africa’s Public Investment Corporation (PIC) has backed an approximate $2.85 billion (£2.22 billion) deal to acquire a 33.7% stake in Barclays Africa – as … more
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CDC invests $65m in Zambeef
CDC has sealed a deal to buy a 17.5% stake in Zambia-based agricultural company Zambeef for $65 million. The deal is subject to shareholder approval. Zambeef will use … more
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CDC backs Kenya bank
CDC has invested an undisclosed amount into Kenya-based financial services company I&M Bank. The development financier is buying the stake from DEG and Proparco. The … more
