Investec has received approval from its shareholders for its plans to spin out and list its asset management business. Investec Asset Management (IAM) will be … more
All stories in “Other Headlines”.
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South Africa mulls SWF
The government of the republic of South Africa is working on plans to set up a sovereign wealth fund (SWF). South Africa’s government is setting … more
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MBU Capital buys from Atlas Mara portfolio
MBU Capital has signed a deal to acquire Union Bank UK (UBUK), a carve out from Atlas Mara’s Nigeria-based financial services portfolio company. The investor … more
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CDC portfolio ebitda spikes 47.4%
CDC’s Mauritius-based technology services portfolio company Liquid Telecom’s earnings before interest, tax, depreciation and amortization (ebitda) touched $67.4 million in the three months up to … more
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JP Morgan names Africa specialist as DFI head
JP Morgan has hired ex-Africa-focused investor Faheen Allibhoy as head of its newly created development finance institution (DFI). The DFI is set to finance over … more
