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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].
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
Tiger Global in $8m Iroko deal
US hedge fund and private equity investor Tiger Global Management has backed an $8million investment into Nigeria-based online movie and music distribution start-up Iroko Partners. Tiger Global is expected
8 Miles gets $50m from CDC
8 Miles has received a $50million commitment from UK development finance investor CDC Group. CDC joins the International Finance Corporation (IFC) and African Development Bank (AfDB), which were key
Chayton sells 81% of fund, changes to holding company
Chayton Capital has sold 81% of its agriculture private equity vehicle, Chayton Atlas Agricultural Company, to South Africa-based investment company Zeder for $46.7million, in a deal that sees the fund
Imbewu buys BO’s Hire and Sales
Imbewu Capital Partners has reportedly bought an 85% stake in South-Africa based industrial support services company BO’s Hire and Sales, for approximately $3.8million (R30million). Imbewu is expected to pay
Rowland sets up White Lake
Consensus Environment investment manager John Rowland has left the private equity group to set up White Lake Strategic Advisory Group, a company providing services to LPs investing in Africa. Rowland, who
Consumers drive SA growth
Consumer spending continues to be a significant driver of South Africa’s economic growth, according to Barclays research. Spending has been bolstered by the passing down of lower policy rates
RMB buys Fintech from Investec
RMB Corvest has acquired Investec’s stake in Fintech, a South Africa-based asset financing company focused on the technology sector. RMB has bought 11.9% of the company, with a portion of the













