All posts in East
IFC mulls $9.8m Garden City deal
Actis’s Garden City is set to get an equity commitment from the the International Finance Corporation(IFC), as the development financier considers plans to invest $9.8million into the Kenya-based greenfield real estate project.
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
Abraaj backs Vine Pharmaceuticals
Jacana merges with InReturn
Jacana Partners has merged with InReturn Capital, a Kenya-based private equity investor focused on small medium sized enterprises (SMEs). The joint group will oversee the
8 Miles set to seal first deal
8 Miles is expected to soon close its first deal, backing Ethiopia-based business services company, Eleni & Associates. The private
Catalyst buys Chai Bora from TransCentury
Catalyst Principal Partners has delivered its second deal, acquiring a 95% stake in Tanzania-based tea manufacturer Chai Bora from TransCentury. The financial details have
Pearl notches 30% IRR on Africert exit
Pearl Capital Partners (PCP) has generated an internal rate of return (IRR) of 30%, and made 4x its money on its trade sale of
Carlye invests in ETG
Carlye has delivered its first deal from its Africa fund, backing a $210million investment into a Tanzania-based agricultural company Export Trading Group (ETG). Standard Chartered Private Equity participated in the latest
Norton Rose hires Mndolwa for Tanzania
Norton Rose has broadened its footprint in Africa with the appointment of partner Angela Mndolwa. Mndolwa joins Norton Rose’s newly created office in Tanzania. She was formerly at Clyde
