The International Finance Corporation (IFC) is looking at plans to invest approximately $55 million in Kenya-based financial services company NIC Bank. NIC plans to use … more
All stories in “Other Headlines”.
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DEG buys $23m risk hedge for ERC
German development financier Deutsche Investitions und Entwicklungsgesellschaft (DEG) has purchased $23 million worth of risk insurance for its equity investment in oil processor Egyptian Refining … more
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Carlyle raises $1.86bn for CIEP
Carlyle Group has raised about $1.86 billion worth of LP commitments for its Carlyle International Energy Partners (CIEP) fund, exceeding its $1.5billion original target, according to … more
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Carlyle & Dangote sign pact
The Carlyle Group has signed a deal with Dangote Industries to co-invest in companies across Africa. Carlyle International Energy Partners will work with Dangote on equity … more
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Alemayehou to head Blackstone Africa
Blackstone has hired Mimi Alemayehou as chair of its Blackstone Africa Infrastructure platform. Alemayehou joins from the Overseas Private Investment Corporation (OPIC), where she was … more
