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AFC's maiden climate resilient fund for Africa taps offshore LP for $750 mn vehicle

Infrastructure

16 May, 2024

AFC's maiden climate resilient fund for Africa taps offshore LP for $750 mn vehicle

AFC Capital Partners, the asset management unit of Africa Finance Corporation (AFC), is set to hit the halfway mark for ......

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Exclusive: Poonawalla's Serum Institute forays into medtech via acquisition

Healthcare

16 May, 2024

Exclusive: Poonawalla's Serum Institute forays into medtech via acquisition

Serum Institute of India (SII), the world's biggest vaccine maker, is in advanced stage of talks to pick up a ......

Abu Dhabi's Lunate launches ETF tracking Japan equities

Markets

16 May, 2024

Abu Dhabi's Lunate launches ETF tracking Japan equities

Abu Dhabi investor Lunate Capital is launching an exchange-traded fund (ETF) tracking Japanese equities that will be ......

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......

Qatar Airways to invest in an airline in southern Africa

Infrastructure

15 May, 2024

Qatar Airways to invest in an airline in southern Africa

Qatar Airways will soon announce an investment in an airline in southern Africa, its CEO said on Wednesday, part of ......

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Mauritian PE firm Inside Capital Partners to onboard institutional LP

Finance

14 May, 2024

Mauritian PE firm Inside Capital Partners to onboard institutional LP

Inside Capital Partners, a Mauritius-based private equity firm that backs growth-stage small and medium enterprises ......

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BII-owned Globeleq to onboard international investor for Africa project

Infrastructure

13 May, 2024

BII-owned Globeleq to onboard international investor for Africa project

Globeleq Africa Holdings, a UK-based leading independent power producer in Africa that develops, owns, and operates ......

SoftBank posts profit for second straight quarter but remains in red for full year

Finance

13 May, 2024

SoftBank posts profit for second straight quarter but remains in red for full year

Technology investor SoftBank Group swung to a net profit in the final quarter of its financial year, it said on ......

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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......

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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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