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A Global View: Retail Therapy
KKR Recently set tongues wagging when it revealed plans to market its latest global funds to retail investors. The private equity giant hired US brokerage Charles Schwab to woo those willing to invest at least $2,500 in its high-yield fund or allocate $25,000 to its distressed opportunities fund.
XSML backs Starz-kin
XSML has invested an undisclosed amount into Starz-kin, a consumer goods retailer based in the Democratic Republic of Congo (DRC). The financing will help the company grow its distribution
IFC mulls $9.8m Garden City deal
Actis's Garden City is set to get an equity commitment from the International Finance Corporation (IFC), as the development financier considers plans to invest $9.8million into the Kenya-based greenfield real estate
CDC hires Adam to head Africa funds
The CDC group has hired Ayaan Adam as managing director for its Africa Funds team. She replaces Rod Evison, who retired at the end of 2012. Adam starts in
Catalyst buys 50% of Yes Brands
Catalyst Principal Partners has acquired 50% of Ethiopia’s Yes Brands Food & Beverages. The financial details have not been disclosed. The investment is expected to help the company build
8 Miles seals Eleni deal
8 Miles has finally signed on Eleni & Associates, an Ethiopia-based business services company – as previously reported by Private Equity Africa. The investor joins Morgan Stanley and
ECP’s Oragroup gets $18m
Emerging Capital Partners (ECP) has led an $18milion financing round in its Togo-based financial services portfolio company Oragroup. Investors in this latest tranche include Belgian Investment Company for Developing
PEA 2013 Awards Shortlist Announced
Private Equity Africa (PEA) is pleased to announce the shortlist for its 2nd Annual GP & Advisor Awards. The 2013 awards have received a very strong response, attracting
Coors & co tout family office fund
A number of family offices, led by John Coors of Coors Brewing, have launched a $300million private equity vehicle to invest in Africa. The One Thousand & One Voices
Fundraising touches $1.4bn in Q1
Fund managers brought home $1.4billion for Africa in the first quarter of 2013, already matching 2012 year’s full-year figures, according to Preqin data. This year’s figures have been bolstered













