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Africa-focused Dutch PE firm XSML Capital taps another LP for fourth fund

Finance

04 October, 2024

Africa-focused Dutch PE firm XSML Capital taps another LP for fourth fund

XSML Capital, an Africa-focused Dutch private equity firm that manages assets worth over $150 million and marked the ......

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Africa-focused Acre Impact gets offshore LP for debut export finance fund

Finance

03 October, 2024

Africa-focused Acre Impact gets offshore LP for debut export finance fund

Acre Impact Capital, an Africa-focused private-debt impact investment manager that marked the first close of its debut ......

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French PE firm Amethis gets another US LP for pan-African fund

Finance

03 October, 2024

French PE firm Amethis gets another US LP for pan-African fund

Amethis, a French private equity firm that backs mid-sized businesses in Africa and Europe and manages a portfolio of ......

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LP Summit Dubai 2024: Digitalization to lead UAE's investment strategy, say panellists

General

03 October, 2024

LP Summit Dubai 2024: Digitalization to lead UAE's investment strategy, say panellists

Traditionally known for its oil sector, the UAE is now turning its focus towards manufacturing and technology, as the ......

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Tokenisation grabbing eyeballs but comes with challenges: Panellists at LP Summit Dubai 2024

TMT

01 October, 2024

Tokenisation grabbing eyeballs but comes with challenges: Panellists at LP Summit Dubai 2024

Tokenisation of real assets is gaining traction in emerging markets but continues to face challenges due to lack of a ......

Qatar Airways to buy 25% stake in Virgin Australia from Bain Capital

Infrastructure

01 October, 2024

Qatar Airways to buy 25% stake in Virgin Australia from Bain Capital

Qatar Airways will buy a 25% stake in Virgin Australia from U.S. private equity firm Bain Capital, posing a tougher ......

Abu Dhabi National Hotels to sell 40% in catering business unit via IPO

Consumer

30 September, 2024

Abu Dhabi National Hotels to sell 40% in catering business unit via IPO

Abu Dhabi National Hotels (ADNH) is selling a 40% stake in its catering business through an initial public offering on ......

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MENA Digest: Coral leads subdued VC funding week; SHIFT snags $83 mn in PE investment

TMT

27 September, 2024

MENA Digest: Coral leads subdued VC funding week; SHIFT snags $83 mn in PE investment

Venture capital investment activity in the Middle East and North Africa (MENA) region slowed down in the last week of ......

Abu Dhabi wealth fund ADQ raises $2 bn via bond issue

Finance

26 September, 2024

Abu Dhabi wealth fund ADQ raises $2 bn via bond issue

Abu Dhabi sovereign wealth fund ADQ sold a $2 billion two-tranche bond on Wednesday, fixed income news service IFR ......

Uber teams up with China's WeRide to roll out robotaxis in UAE

TMT

26 September, 2024

Uber teams up with China's WeRide to roll out robotaxis in UAE

Uber Technologies and WeRide announced a partnership on Wednesday to bring the Chinese self-driving technology firm'......

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