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Mauritian PE firm Adenia Partners closes fifth fund with oversubscription

Finance

03 April, 2024

Mauritian PE firm Adenia Partners closes fifth fund with oversubscription

Adenia Partners, a Mauritius-based private equity firm that focuses on mid-sized businesses across Africa marked the ......

Saudi Venture Capital appoints Nora Alsarhan as deputy CEO

People

01 April, 2024

Saudi Venture Capital appoints Nora Alsarhan as deputy CEO

Riyadh’s state-owned Saudi Venture Capital (SVC), which manages assets worth $2.2 billion, has appointed Nora M ......

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Why Dutch PE firm XSML Capital is limiting equity exposure in African deals

Finance

01 April, 2024

Why Dutch PE firm XSML Capital is limiting equity exposure in African deals

XSML Capital, an Africa-focused Dutch private equity firm, that backs small- and mid-sized businesses across Central and......

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Palestinian VC Ibtikar Fund may get European LP for second fund

Finance

29 March, 2024

Palestinian VC Ibtikar Fund may get European LP for second fund

Ibtikar Fund, the conflict-stricken Palestine’s only venture capital firm, which backs early-stage Palestinian-founded......

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MENA Digest: Egypt's Sprints, Bahrain's Ahlan raise funds, dealmaking slows down

TMT

29 March, 2024

MENA Digest: Egypt's Sprints, Bahrain's Ahlan raise funds, dealmaking slows down

Dealmaking slowed down sharply during the week amid Ramadan. Among the deals that did happen were early-stage fundraises......

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Exclusive: Rohatyn, DPI set to exit joint South Africa bet via strategic sale

Infrastructure

29 March, 2024

Exclusive: Rohatyn, DPI set to exit joint South Africa bet via strategic sale

US-based asset management firm The Rohatyn Group (TRG) and Africa-focussed private equity firm Development Partners ......

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VC investments in Middle East fall year-on-year but rise from pre-pandemic levels

Finance

27 March, 2024

VC investments in Middle East fall year-on-year but rise from pre-pandemic levels

Venture capital investments in the Middle East declined during 2023, albeit not too significantly, with the region ......

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Thailand's Gulf Energy set to get key backer for $1-bn solar power project

Infrastructure

26 March, 2024

Thailand's Gulf Energy set to get key backer for $1-bn solar power project

Gulf Energy Development Public Company Ltd, one of Thailand’s largest private power producers, is set to bring on board a ......

Mubadala acquiring Afro-Indian pharma platform in landmark PE exit for DPI, others

Healthcare

26 March, 2024

Mubadala acquiring Afro-Indian pharma platform in landmark PE exit for DPI, others

Abu Dhabi’s sovereign investor Mubadala Investment Company, which manages assets worth $276 billion in more than 50 ......

MENA Digest: Startups strike early-stage deals but overall activity slows

TMT

22 March, 2024

MENA Digest: Startups strike early-stage deals but overall activity slows

Early-stage funding deals drove dealmaking in the Middle East and North Africa region, even though overall activity ......

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