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Dilasha Seth

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Africa's Verod Capital appoints another partner in bid to grow

People

01 May, 2024

Africa's Verod Capital appoints another partner in bid to grow

West African private equity investor Verod Capital, an investor in African companies like Africa Lifestyle, I-Fitness,IT player Ison Xperiences, pharma ......

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Why UAE's Nuwa Capital is reluctant to invest in these tech sectors

TMT

01 May, 2024

Why UAE's Nuwa Capital is reluctant to invest in these tech sectors

Nuwa Capital, a UAE-based venture capital firm, which is currently deploying its maiden $100-million fund in early-stage businesses, is keeping ......

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European IT giant Asseco Group set to log out of Nigeria unit

TMT

30 April, 2024

European IT giant Asseco Group set to log out of Nigeria unit

Asseco Group, the Poland-headquartered software giant with a presence in over 50 countries, plans to exit the Nigerian market by ......

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Global asset manager Barings opens office in Dubai

General

30 April, 2024

Global asset manager Barings opens office in Dubai

Barings, a global investment management firm that manages assets worth $406 billion, has opened an office in Dubai to help ......

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 ......