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XSML Capital's Slingelandt on likely close of fourth fund, new investment horizon and more

Finance

25 April, 2024

XSML Capital's Slingelandt on likely close of fourth fund, new investment horizon and more

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

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African PE firm Mediterrania makes second full exit from third fund

Infrastructure

25 April, 2024

African PE firm Mediterrania makes second full exit from third fund

Mediterrania Capital Partners, a Malta-based private equity firm that focuses on growth-stage small and mid-sized ......

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Gulf VC Shorooq Partners marks final close of third fund with oversubscription

Finance

24 April, 2024

Gulf VC Shorooq Partners marks final close of third fund with oversubscription

Shorooq Partners, an Abu Dhabi-based venture capital firm focused on early-stage tech startups, marked the final close ......

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MENA Digest: Penny Software, Fortis, U-topia raise funds; Beltone VC launches $30-mn fund

TMT

19 April, 2024

MENA Digest: Penny Software, Fortis, U-topia raise funds; Beltone VC launches $30-mn fund

Funding activity picked up in the Middle East and North Africa region this week after slowing down of action during ......

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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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African PE firm Admaius Capital Partners strikes third bet from debut fund

Healthcare

20 March, 2024

African PE firm Admaius Capital Partners strikes third bet from debut fund

Admaius Capital Partners, a Rwanda-based private equity firm with a pan-Africa focus, has made the third deployment from......

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Adenia Partners ropes in three LPs to acquire South Africa's The Courier Guy

Infrastructure

04 March, 2024

Adenia Partners ropes in three LPs to acquire South Africa's The Courier Guy

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

Aramco boosts venture unit, more than doubles VC funding

General

17 January, 2024

Aramco boosts venture unit, more than doubles VC funding

9Saudi Aramco 2223.SE said on Wednesday it has boosted its Aramco Ventures unit by $4 billion, more than doubling the ......

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Egypt's Hassan Allam roping in offshore equity investor for renewable energy projects

General

18 January, 2024

Egypt's Hassan Allam roping in offshore equity investor for renewable energy projects

Hassan Allam Utilities (HAU), the investment and development arm of Egypt’s largest company Hassan Allam Holding, is ......

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