Phatisa has completed its second tranche of investment in Feronia, an agriculture company in the Democratic Republic of the Congo (DRC). more
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Actis appoints Cherif for Morocco
Actis has bolstered its operations in Morocco with the appointed of Mourad Cherif as senior advisor. more
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Satya cuts fund II to $300m
Satya Capital has dropped the size of its second Africa-focused fund to $300million, from the original target of $500 million. more
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IFC mulls $70m ETG loan
The International Finance Corporation (IFC) is looking at plans to give a $70million loan to East Africa-based agriculture company Export Trading Group (ETG). The company is owned by Carlyle Africa, Standard Chartered Private Equity (SCPE) and Pembani Remgro Infrastructure Managers. more
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Frontline considers asset sale
Frontline Gold Corporation, a resources exploration company, is considering plans to sell off assets. The sale may include Niaouleni holdings, its Mali-based gold exploration project.
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