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Dilasha Seth

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MENA Digest: UAE's WEE Marketplace, three Egyptian startups secure funding

TMT

26 April, 2024

MENA Digest: UAE's WEE Marketplace, three Egyptian startups secure funding

Funding activity in the Middle East and North Africa region revived this week with a slew of early-stage deals, led ......

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XSML Capital's Slingelandt on likely close of fourth fund, new investment horizon and more

Finance

25 April, 2024

XSML Capital's Slingelandt on likely close of fourth fund, new investment horizon and more

XSML Capital, an Africa-focused Dutch private equity firm that backs small and mid-sized businesses across Central and Eastern Africa expects ......

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African PE firm Mediterrania makes second full exit from third fund

Infrastructure

25 April, 2024

African PE firm Mediterrania makes second full exit from third fund

Mediterrania Capital Partners, a Malta-based private equity firm that focuses on growth-stage small and mid-sized businesses in North and Sub-Saharan ......

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Adenia expands LP base beyond legacy regions for oversubscribed fifth fund

Finance

24 April, 2024

Adenia expands LP base beyond legacy regions for oversubscribed fifth fund

Adenia Partners, a Mauritius-based private equity firm that focuses on mid-sized businesses across Africa, geographically diversified its investor base for ......

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Gulf VC Shorooq Partners marks final close of third fund with oversubscription

Finance

24 April, 2024

Gulf VC Shorooq Partners marks final close of third fund with oversubscription

Shorooq Partners, an Abu Dhabi-based venture capital firm focused on early-stage tech startups, marked the final close of its second VC ......

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ADQ, Oman Investment Authority float VC fund to make bets in buzzing MENA startup market

TMT

23 April, 2024

ADQ, Oman Investment Authority float VC fund to make bets in buzzing MENA startup market

Gulf sovereign wealth investors – Abu Dhabi’s ADQ and Oman Investment Authority – have jointly floated a tech-focussed venture capital ......

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Dutch impact investor Bix Capital taps returning LP for Africa, Southeast Asia fund

Finance

23 April, 2024

Dutch impact investor Bix Capital taps returning LP for Africa, Southeast Asia fund

Bix Capital, a Dutch impact investment firm that offers debt financing to small and medium enterprises mainly in sub-Saharan Africa, ......

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Saudi multi-asset investor Artal Capital hits first close of PE fund

Finance

23 April, 2024

Saudi multi-asset investor Artal Capital hits first close of PE fund

Artal Capital, a Riyadh-based multi-asset investment firm, has marked the first close of its mid-market-focused private equity fund to back ......

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In Charts: Saudi Venture Capital doubles down on commitments in 2023

Finance

22 April, 2024

In Charts: Saudi Venture Capital doubles down on commitments in 2023

Riyadh’s state-owned institution Saudi Venture Capital (SVC), which manages assets worth $2.2 billion, almost doubled its funding commitments in 2023 ......

Africa-focused Acre Impact Capital raises $100 mn for first close of debut fund

Finance

19 April, 2024

Africa-focused Acre Impact Capital raises $100 mn for first close of debut fund

Acre Impact Capital, an Africa-focused private-debt impact investment manager, marked the first close of its debut export finance fund to ......