Africa
Manufacturing
Mauritian PE firm Adenia Partners acquires French MNC's business in 12 countries
Mauritius-based private equity firm Adenia Partners, which focuses on mid-sized businesses across Africa and is deploying its fifth fund, is ......
Finance
Africa-focused PE XSML Capital marks first close of fourth fund
XSML Capital, an Africa-focused Dutch private equity firm, marked the first close of its fourth investment vehicle to back small ......
TMT
Decoding IFC-Solcon's game plan for deep-tech investments in India, South Africa
A co-investment platform recently set up by International Finance Corporation (IFC) and a South African private investment firm plans to ......
TMT
IFC teams up with PE firm Solcon Capital for deeptech bets in India, South Africa
International Finance Corporation (IFC) and African tech-focused private equity firm Solcon Capital (earlier Convergence Partners Investments) are coming together to set ......
Finance
DFDF backs Africa VC fund in tenth LP-style bet
Dubai Future District Fund (DFDF), the region’s first evergreen venture capital fund-of-funds, has struck its tenth limited partner-style deal in ......
Finance
AfricInvest set to get cheque from returning LP for SME fund
AfricInvest, a pan-African private equity investment platform managing a portfolio of over 200 companies in more than 35 countries, is ......
TMT
Nigerian-born mobility fintech startup Moove gets debt funding for India expansion
Moove, a Nigerian-born mobility fintech startup, said Wednesday it has raised $10 million (about Rs 83 crore at current exchange ......
General
World Bank's Banga denies IFC cover up of abuse involving Kenya school investment
World Bank President Ajay Banga on Monday rejected allegations that the bank's International Finance Corp arm sought to cover up ......
Finance
African PE firm SPE Capital taps another returning LP for third fund
Africa- and Middle East-focused private equity firm SPE Capital, which invests in mid-sized companies, is set to secure a commitment from ......
TMT
MENA Digest: DXWand, Crysp Farms, Karty, Crealo secure funding
Egyptian artificial intelligence startup DXWand led dealmaking in the Middle East and North Africa region this week. It raised growth ......