Dilasha Seth
TMT
MENA Digest: Pathfinder leads funding this week; Saudi's OTO gets another VC onboard
UAE-based retail technology solutions provider Pathfinder led funding activity in the Middle East and North Africa region this week, securing ......
Infrastructure
Egyptian conglomerate to pick up majority stake in Amethis-backed industrial goods distributor
Egyptian conglomerate Mansour Group-owned Unatrac Holding Ltd, a dealer of specialized machinery and equipment in ten countries, is set to ......
Infrastructure
IFC set to invest in Moroccan warehousing and logistics firm
The World Bank’s private investment arm International Financial Corporation (IFC) is set to acquire a minority stake in a Moroccan ......
Manufacturing
Mauritian PE Adenia closes buyout of Air Liquide Africa assets, rebrands business
Mauritius-based private equity firm Adenia Partners, which announced the acquisition of French multinational Air Liquide’s businesses in a dozen African ......
Finance
Africa, South Asia-focused SDG Outcomes Fund set to get European investor
SDG Outcomes Fund, a development and social outcomes investment vehicle focused on low- and middle-income countries in Africa and South ......
TMT
Jordan's ISSF raises LP-style bet on early-stage VC fund
Jordan’s Innovative Startups and Small and Medium Enterprises Fund (ISSF) made a limited partner-style follow-on investment in an existing portfolio ......
Finance
Egyptian fintech unicorn MNT-Halan raises funds from marquee investors
Chimera-backed MNT-Halan, Egypt's first unicorn and its largest fintech platform, has secured additional funding from several international investors, including private ......
Finance
South African PE firm Metier closes latest fund, tops target
Metier, an Africa-focused private equity firm that backs mid-market companies in Sub-Saharan Africa, has marked the final close of its ......
Finance
Riyadh's Hades Financial readies $500 mn India plan for direct, LP bets
Hades Financial Private Capital Group (HFPCG), a Riyadh-based investment management firm and a limited partner that manages assets worth $6.1 ......
Infrastructure
Alpha Dhabi Holding to sell stake in oilfield services firm to JV with ADNOC Drilling
Alpha Dhabi Holding, a unit of Abu Dhabi’s International Holding Company (IHC), will transfer its controlling stake in an oilfield ......