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IFC’s Prosper returns to Africa as VP

The International Finance Corporation has appointment Jean Philippe Prosper as vice president of Sub-Saharan Africa (SSA), Latin America and the Caribbean.

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Actis promotes Ighodaro to partner

Actis has promoted Adiba Anyaoku Ighodaro to partner. She will start in the new role in January 2013. In her current role as senior director, Ighodaro is a member of Actis's

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EMPEA adds ACA’s Enelamah to its board

The Emerging Markets Private Equity Association (EMPEA) has appointed African Capital Alliance’s (ACA) chief executive officer, Okechukwu Enelamah , to its board of directors. Enelamah becomes the only EMPEA

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Sarona selects Berla to lead EMEA strategy

Sarona Asset Management has hired Vivina Berla to head its first European office, as it seeks to strengthen its foothold across the Europe, Middle East and Africa (EMEA)

AVCA selects new CEO

The Africa Venture Capital Association (AVCA) has hired Michelle Kathryn Essomé as chief executive officer. Essomé replaces Milton Lore who left the trade body in November 2010. She takes

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Abraaj buys Amundi’s African PE platform

Abraaj Capital has acquired Amundi’s North African private equity platform from Société Générale and Crédit Agricole. The agreement will see Abraaj Capital take over Amundi’s stake in the $161

Standard Bank appoints Mballa-Ekobena as research head

Standard Bank has named Marcel Mballa-Ekobena as its new head of equity research for the East African region. Mballa-Ekobena was previously portfolio officer with the International Finance Corporation (IFC),

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Carlyle selects Africa team

Carlyle Group has appointed Marlon Chigwende [pictured] and Danie Jordaan as co-heads of its Sub-Saharan Africa investment team, to spearhead its private equity strategy across the region. Chigwende joins

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Brait appoints Gnodde as CEO

John Gnodde has been appointed as chief executive officer of Brait Private Equity, following a major restructuring of the company. He takes over from Antony Ball who has resigned

Standard Bank to sell PE arm

Standard Bank Group is reportedly spinning off its private equity business following, following in the footsteps of global banks which have this year moved to cut exposure the