Tag Archives: CDC

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  CDC in $200m BMCE deal

  Jun 21, 2019

  Deals, Financial Services

  CDC has signed a deal to invest $200 million into a Morocco-based financial services company, BMCE Bank of Africa (BMCE), acquiring an approximate 5% stake. … Watch nowmore →

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  Kuramo & CDC in Phatisa portfolio deal

  May 31, 2019

  Agriculture, Deals, Expansion

  Kuramo Capital Management and CDC are looking to back a $19.3 million equity investment into Feronia, an Africa-focused agriculture production company- which is part-owned by … Watch nowmore →

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  West Africa GP attracts new LP

  May 31, 2019

  Funds

  Nigeria-based CardinalStone Capital Advisers (CCA) is in line to receive a commitment from a US-based development finance institution to its maiden West Africa-focused generalist vehicle. … Watch nowmore →

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  PE-backed Jumia sued by new investors

  May 17, 2019

  Other Headlines

  Private equity backed Jumia, a Nigeria-based consumer technology company, has had a class action lawsuit brought against it in the US, on allegations of providing … Watch nowmore →

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  TPG takes over Abraaj’s fund

  May 10, 2019

  Funds

  TPG has signed a deal to take over the management of Abraaj’s Growth Markets Health Fund (AGHF), which will see it solidify its presence across … Watch nowmore →