International
Finance
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 startups in the West Bank, Gaza, and ......
TMT
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 by Egyptian ......
Infrastructure
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 International (DPI) are set to ......
TMT
South Africa's Medu Capital strikes fresh tech bet in the region
Johannesburg-based Medu Capital, one of the most active private equity firms in South Africa, has struck a deal in the ......
Finance
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 appearing as a ......
Infrastructure
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 ......
Healthcare
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 countries, is set ......
TMT
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 slowed down due ......
Finance
Solcon Capital's CEO on IFC partnership, India-Africa deal split and more
Late last month, International Finance Corporation (IFC), the private-sector investment arm of the World Bank Group, formed a co-investment platform ......
Consumer
Morocco's CDG Invest Growth to strike a fresh bet from latest fund
CDG Invest Growth (CIG), the private equity arm of Morocco’s state-owned financial institution Caisse de Dépot et de Gestion (CDG), is ......