VC consortium platform shuts down
A venture capital consortium-backed financial technology services company based in Nigeria has gone into restructuring – about six years after it was set up....
Helios gets $50m from two LPs
Helios Investment Partners has confirmed two more LPs on its specialist vehicle as it works towards final close – signing up $50 million for...
Consortium in AI infrastructure deal
A consortium of investors is seeding a South Africa-based technology company that is focused on the artificial intelligence (AI) infrastructure space.
Gradient Ventures is leading...
African PE player names deals head
An Africa-focused private equity investor has named a new chief investment officer, elevating him into the role about 14 years after he joined the...
DPI delivers $190m Egyptian deal
Development Partners International (DPI) has backed a $190 million investment into an Egypt-based healthcare services company.
DPI has acquired a minority stake in Alameda Healthcare,...
BII allocates $1bn to Africa
British International Investment (BII) committed approximately $1.1 billion (£1.09 billion) to Africa in 2024 – representing 62% of its global allocations for the year....