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XSML fund closes at $19m

Dutch fund manager XSML has closed its Central-Africa fund at $19million.

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ECP’s Finagestion in DRC water deal

Emerging Capital Partners (ECP) utility portfolio company Finagestion has won a three-year water services contract in the Democratic Republic of Congo (DRC). Finagestion has been awarded a technical

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XSML backs RJ Trading

XSML has invested an undisclosed amount in RJ Trading, a consumer retail company based in the Democratic Republic of Congo (DRC).

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UK-Africa private equity pact signed

The Africa Venture Capital Association (AVCA) has signed an agreement to receive support from the British Venture Capital Association (BVCA) - a deal supported by the UK Prime

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Vital I reaches $250m first close

Vital Capital Investments has attracted $250 million at the first closing of its maiden Africa-focused agriculture and real estate fund, Vital Capital Fund I. The fund is targeting $500million

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Global LPs interest in Africa spikes

Not long ago any mention of investing in an Africa-focused private equity fund would have been preceded by words such as ‘opaque’ or ‘risky’. But now Africa is

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Helios seals $1bn Shell deal

Helios Investment Partners has acquired 40% of Shell’s African downstream businesses across 14 countries, in a joint venture deal with Vitol valued at about $1 billion. Europe-based crude oil

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Sub-Saharan funds raise $1.5bn

Sub-Saharan Africa private equity fundraising for the year 2010 closed at $1.49bn, as the region registered one of the fastest growth rates across the emerging markets, according research

Embracing transparency

The recent report from the EDHEC-Risk Institute showing that developing countries private equity fund managers have historically generated significantly lower returns than their developed countries counterparts provides food

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Sub-Saharan Africa investment risks decline

Investing in Sub-Saharan Africa is becoming  safer on declining political risks, according to results of a recent analysis of 211 countries carried out by global insurance experts. Kenya, Mozambique,