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Dilasha Seth

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Belkhayat-run Moroccan group raising equity from offshore investor for logistics arm

Infrastructure

10 May, 2024

Belkhayat-run Moroccan group raising equity from offshore investor for logistics arm

Moroccan family-owned group H&S Invest Holding, which operates in FMCG, logistics, pharmaceuticals, media communication, and real estate sectors, is likely ......

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VC firm 500 Global elevates key executive as MENA managing partner

People

10 May, 2024

VC firm 500 Global elevates key executive as MENA managing partner

500 Global, a multi-stage venture capital firm that emerged as one of the most active investors in the Middle East ......

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MENA Digest: Egyptian startups lead funding activity

Finance

10 May, 2024

MENA Digest: Egyptian startups lead funding activity

Egyptian fintech startups Swypex and MNZL led funding activities in the Middle East and North Africa region,, even as overall ......

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Pan-African private equity firm Admaius strikes fourth bet from first outing

TMT

09 May, 2024

Pan-African private equity firm Admaius strikes fourth bet from first outing

Admaius Capital Partners, a pan-Africa focussed private equity firm has struck a fourth deal from its inaugural $250-million investment vehicle, ......

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Kelix Bio to acquire five UAE-based pharma entities post Mubadala deal

Healthcare

09 May, 2024

Kelix Bio to acquire five UAE-based pharma entities post Mubadala deal

Kelix Bio, an emerging markets-focused specialty generic biopharmaceutical company is looking to acquire five UAE-based pharma entities to further expand ......

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Medu Capital's managing partner on exits, new fund, IRR and more

Finance

09 May, 2024

Medu Capital's managing partner on exits, new fund, IRR and more

Johannesburg-based private equity firm Medu Capital aims to exit its third investment vehicle by the end of 2025, 11 years ......

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UK PE firm Apis Partners marks sixth full exit from debut fund

TMT

08 May, 2024

UK PE firm Apis Partners marks sixth full exit from debut fund

Apis Partners, a UK-based private equity firm, which backs growth stage financial services and financial infrastructure businesses, has fully exited ......

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Flutterwave backer LoftyInc courts offshore LP as it aims to quintuple AUM with new Africa VC fund

Finance

08 May, 2024

Flutterwave backer LoftyInc courts offshore LP as it aims to quintuple AUM with new Africa VC fund

LoftyInc Capital, a pan-African early-stage venture capital firm, is likely to secure commitment from a European development finance institution for ......

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Sub-Saharan Africa-focused private debt fund REGMIFA to get another cheque

Finance

08 May, 2024

Sub-Saharan Africa-focused private debt fund REGMIFA to get another cheque

The Regional MSME Investment Fund for Sub-Saharan Africa (REGMIFA), an open-ended private debt fund focusing on micro, small, and medium ......

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South Africa's Infra Impact to strike fifth bet as another PE fund set to exit

Infrastructure

07 May, 2024

South Africa's Infra Impact to strike fifth bet as another PE fund set to exit

Infra Impact Investment Managers, a South Africa-based private equity investor that focuses on mid-market infrastructure businesses, is set to strike ......