Kenya
Infrastructure
Kenya signs $311 mn power lines deal with Africa50 infra fund, Indian state-run firm
Kenya on Monday signed an agreement for the investment of $311 million in the construction of two high-voltage electricity transmission ......
Infrastructure
Kenya taps development banks for airport expansion after ditching Adani deal
Kenya has invited international development lenders to finance a $2 billion expansion of its main airport in Nairobi nine months ......
Finance
African PE firm Acumen Resilient Agriculture Fund gets returning LP for second outing
Acumen Resilient Agriculture Fund (ARAF), an Africa-focused private equity firm that backs agribusinesses, is likely to get on board a ......
Healthcare
Leapfrog Investments set to mark full exit from healthcare portfolio firm
Leapfrog Investments, an emerging markets-focused private equity and impact investment firm, is set to fully monetize its eight-year-old investment in ......
Others
East Africa-focused PE firm Ascent Capital strikes fourth bet from fund II
Ascent Capital, an East Africa-focused private equity firm that invests in small and medium-sized enterprises (SMEs), has struck the fourth ......
TMT
Bharti Airtel's Africa unit set to bag a big cheque from offshore investor
Airtel Africa Plc, which is listed on the London Stock Exchange and is a subsidiary of India’s Bharti Airtel, is ......
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 ......
TMT
Africa venture capital investments fall a tad in 2022 but defy global slump
Venture capital investments in Africa dipped slightly to $6.5 billion last year but avoided the sharp drop seen in most ......
Finance
Artha India Ventures backs Kenya's BuuPass in third African bet
Artha India Ventures, the alternative investment arm of the family office of Ashok Kumar Damani, has backed Kenya-based mobility marketplace ......
Infrastructure
DFIs-backed Serengeti set to take majority stake in Africa hydro project
Serengeti Energy, a power producer in sub-Saharan Africa co-created by Swiss impact investor responsAbility Investments AG and later spun out ......
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