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Dilasha Seth

MENA Digest: Egyptian startup OneOrder, Saudi SaaS firm Merit lead funding

TMT

24 May, 2024

MENA Digest: Egyptian startup OneOrder, Saudi SaaS firm Merit lead funding

Dealmaking in the Middle East and North Africa region during the week was propelled by high-value, growth-stage fundraises by tech-led ......

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Esas Private Equity acquires Turkish cosmetics brand with co-investors

Consumer

24 May, 2024

Esas Private Equity acquires Turkish cosmetics brand with co-investors

Esas Private Equity, the PE arm of Turkey’s largest family-owned investment firm Esas Holding, has acquired a leading Turkish cosmetics ......

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Adenia Partners exits decade-old portfolio bet in secondary deal

TMT

22 May, 2024

Adenia Partners exits decade-old portfolio bet in secondary deal

Mauritius-based private equity firm Adenia Partners, which focuses on mid-sized businesses across Africa, and raised $470 million for its fifth ......

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Egyptian investment bank EFG Hermes buys minority stake in fintech platform

TMT

21 May, 2024

Egyptian investment bank EFG Hermes buys minority stake in fintech platform

EFG Hermes, the investment banking arm of Egypt’s largest financial institution EFG Holdings, acquired a minority stake in a Danish ......

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Admaius Capital backs education player in region, its third bet this month

Consumer

21 May, 2024

Admaius Capital backs education player in region, its third bet this month

Pan African private equity investor Admaius Capital Partners has struck another deal in the region, making its sixth bet so ......

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Gulf VC Nuwa Capital explores growth-stage investment opportunities

Finance

21 May, 2024

Gulf VC Nuwa Capital explores growth-stage investment opportunities

Gulf-focused venture capital firm Nuwa Capital, which is currently deploying from its early-stage $100-million maiden fund, is now exploring growth-stage ......

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Singapore VC firm Golden Gate Ventures rolls out $100-mn MENA fund

Finance

17 May, 2024

Singapore VC firm Golden Gate Ventures rolls out $100-mn MENA fund

Golden Gate Ventures, a Singapore-based early-stage venture capital firm that manages assets worth $250 million across three continents, has launched ......

MENA Digest: WheeKeep, Airwater, Lune raise funding; Beco Capital gets an exit

TMT

17 May, 2024

MENA Digest: WheeKeep, Airwater, Lune raise funding; Beco Capital gets an exit

Funding activity in the Middle East and North Africa region during the week was led by a slew of UAE ......

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Dubai's DFDF plans to deploy half corpus by this year across direct, fund-of-fund bets

TMT

17 May, 2024

Dubai's DFDF plans to deploy half corpus by this year across direct, fund-of-fund bets

Dubai Future District Fund (DFDF), the region’s first evergreen venture capital fund-of-fund, aims to hit the halfway mark of its ......

Alterra Capital Partners-led consortium acquires South African beverage company

Consumer

16 May, 2024

Alterra Capital Partners-led consortium acquires South African beverage company

Alterra Capital Partners, an Africa-focused private equity firm that backs high-growth companies, acquired a significant stake in a South African ......