TLG Capital’s Zimbabwe-based financial services portfolio company, NMB Bank, has received a $10m capital commitment from French development financier Proparco. The five-year loan will be used … more
All stories in “Other Headlines”.
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Actis’s Diamond bank seeks $70m
Actis’s Nigeria-based financial services company, Diamond Bank, is seeking a $70m debt investment from the International Finance Corporation (IFC). The IFC is mulling over plans … more
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Goldman Sachs et al. in $490m IHS deal
Goldman Sachs, the IFC Global Infrastructure Fund, and African Infrastructure Investment Managers have participated in a $490m funding round of Nigeria-based telecommunications towers company IHS. … more
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Kinnevik CEO Livfors steps down
Kinnevik Mia Brunell Livfors is to leave her post of chief executive officer. She will continue with her duties until the Swedish investor finds a … more
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Dineen leaves Siguler Guff
Patricia Dineen has retired from her role as managing director of Siguler Guff, to join the Emerging Markets Private Equity Association (EMPEA). She joins EMPEA … more
