Tag Archives: PIC

Italian DFI in c$100m African deal

Sep 02, 2022

Deals, Financial Services

An Italy-based development finance institution (DFI) has signed a deal to back a Nigeria-based financial services company that invests across Africa – with the deal … Watch nowmore →
African pension fund invests $100m in DFI

Aug 05, 2022

Deals, Financial Services

Public Investment Corporation (PIC) has signed a deal to injection $100 million into a Nigeria-based financial services company, a development finance institution (DFI). PIC has … Watch nowmore →
PIC seals PIPE deal

Jul 15, 2022

Consumer, Deals

Public Investment Corporation (PIC) has signed a buyout deal to acquire an additional stake in its South Africa-based consumers products portfolio company through a private … Watch nowmore →
PIC PE head departs as COO is suspended

Jun 02, 2022

People

Public Investment Corporation (PIC) has seen the departure of its acting executive head for developmental investments and private equity, Lusanda Kali, who has stepped down … Watch nowmore →
PE investors in $1.2bn Africa exit

May 06, 2022

Deals, Exits, Industrial

A consortium of investors has signed a deal to wholly exit a South Africa-based industrials manufacturing company, in a deal valued at $1.2 billion. Old … Watch nowmore →