All posts by editor
Bain’s $1.2bn Edcon partial sale approved
Bain Capital’s $1.2bn sale of Edcon Group’s financial services unit to Absa Bank has finally received regulatory approval from South Africa’s competition tribunal.
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. The funding will be
Evison leaves CDC Group
Rod Evison has left his role as CDC Group’s managing director for Africa fund investments. His last day in the role will be 21 December 2012. Evison has been
EC issues AIFMD rules
The European Commission has underpinned new rules for Alternative Investment Fund Managers (AIFMs) by adopting a Delegated Regulation supplement for its AIFM Directive (AIFMD). The AIFMD aims to create
ETG becomes CDC’s first direct deal
CDC has injected $32.5m into East Africa-based agriculture company Export Trading Group (ETG), the investor’s first deal since it launched its new direct investment strategy. The investment is part
Morgan Stanley & Capitalworks back Rhodes Food
Morgan Stanley Alternative Investment Partners and Capitalworks have backed the management buyout of Rhodes Food Group (RFG), a South Africa-based food producer. The financial details have not been
Fairview & FMO create $200m FOF
US-based fund manager Fairview Capital Partners and Netherlands Development Finance Company (FMO) have launched a $200million Africa-focused fund of funds. FMO Fairview Africa Fund is targeting a $100million at
Brazil’s BTG launches $1bn Africa PE Fund
Brazil-based BTG Pactual bank has launched a $1billion Africa-focused private equity fund, according to the bank's chief executive Andre Esteves [pictured]. The fund is touted to be the largest
Aureos invests $5m in Therapia
Aureos has backed Nigeria-based fertility health care company Therapia Health with $5million. Therapia is the holding company for the Bridge Clinic, which is understood to be first assisted reproductive
Accion sets up Venture Lab
US-based investor Accion has launched Venture Lab, a $10million global venture to provide seed capital to start-ups, with an initial focus on East Africa and South Asia. Venture Lab














