Verod delivers 5yr exit at 4.5x growth
Verod Capital Management has exited a Nigeria-based financial services company, delivering a strategic exit at 4.5x growth – ending a five-year holding period.
The GP...
TLG buys into jets in aviation deal
TLG Capital has signed a deal to back a logistics company, a Nigeria-based company that operates in the aviation space and also leases jets,...
DFI VP leaves $17bn portfolio for African GP
An International Finance Corporation (IFC) vice president has stepped down from a $17 billion portfolio role to join an Africa-focused fund manager.
Africa50 has hired...
AfDB partners with Michael Bloomberg
The African Development Bank Group (AfDB) has pattered with Michael Bloomberg to boost information distribution to global investors.
As part of the partnership, AfDB will...
Middle Eastern LP backs fund 1st close
An LP based in the Middle East has backed a small-cap fund that is set up to back Africa-focused deals.
AfricInvest has touched first close...
US LP names emerging managers lead
A US-based pensions limited partner (LP) has named a new senior investor for its emerging managers investment strategy.
Teachers’ Retirement System (TRS) of the State...