The International Finance Corporation (IFC) and the IFC Asset Management Company (IFC AMC) have participated in a $48 million investment into Tunisia’s Amen Bank.
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IFC in $48m Amen Bank deal
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Stanchart PE & Ashmore back Verod’s GZI
Standard Chartered Private Equity (SCPE) has partnered with Ashmore Investment Management to invest in Nigeria-based aluminium manufacturing company GZI Industries. The financial details have not been disclosed. more
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Cauris injects $8.3m into AFG
Cauris has committed to invest approximately $8.3 million (4.1 billion FCFA ) in Atlantic Financial Group (AFG), a financial services holding company based in Côte d’Ivoire. more
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ACA in $335m MTN exit
African Capital Alliance (ACA) has sold its minority stake in telecommunications company MTN Nigeria to Shanduka Group in a deal valued at $335 million. more
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Wendel values ECP’s IHS at 14x Ebitda
Wendel has invested $125million into Nigeria-based telecommunications infrastructure services provider IHS Holding, an Emerging Capital Partners (ECP) portfolio company. more
