Nigeria
People
Africa's Verod Capital appoints another partner in bid to grow
West African private equity investor Verod Capital, an investor in African companies like Africa Lifestyle, I-Fitness,IT player Ison Xperiences, pharma ......
TMT
European IT giant Asseco Group set to log out of Nigeria unit
Asseco Group, the Poland-headquartered software giant with a presence in over 50 countries, plans to exit the Nigerian market by ......
TMT
Nigerian-born mobility fintech startup Moove gets debt funding for India expansion
Moove, a Nigerian-born mobility fintech startup, said Wednesday it has raised $10 million (about Rs 83 crore at current exchange ......
Finance
LeapFrog-backed African financial services firm finds a strategic buyer
Emerging markets-focused private equity and impact investment firm LeapFrog Investments has found a strategic buyer for one of its African financial services ......
Infrastructure
Nigerian SWF teams up with two tycoons, PE-style firm to build multipurpose arena
The sovereign wealth fund of Nigeria has joined hands with two local business tycoons and a private equity-style firm to ......
TMT
Verod Capital, AfricInvest pick up majority stake in iSon Xperiences
African private equity firms Verod Capital and Africinvest have partnered to acquire a majority stake in business process outsourcing (BPO) ......
Infrastructure
Exclusive: Actis set to revisit a real estate asset in West Africa
Alternative investment firm Actis is close to striking a deal in West Africa that would see it return to an ......
Consumer
Exclusive: Gender-lens fund Aruwa Capital set to ink FMCG deal
Aruwa Capital Management, a Lagos-based early-stage growth equity and gender-lens investment firm that has announced at least seven investments to ......
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 ......
General
Should Opec's decision to cut crude oil production worry India?
On Wednesday, the Organization of Petroleum Exporting Countries (Opec), a cartel of 14 oil producing and exporting nations, decided to ......