BII and PIC to co-invest on funds
British International Investment (BII) and the Public Investment Corporation (PIC) have signed a co-investment pact that will include co-investing on funds across Africa.
The duo...
Fund manager exits after 3 years
A private equity fund manager has exited its stake in a Côte d’Ivoire-based financial services company, selling the company after a three-year holding period.
AfricInvest...
Pembani moves ahead with new fund
Pembani Remgro Infrastructure Managers is moving ahead with a new specialist fund that will finance clean-energy infrastructure across Africa.
The fund manager has partnered with...
Italian LP expands Africa footprint with $270m
An Italian investor has backed an African financial services company that operates as a development financier, investing approximately $270.3 million (€250 million). This continues...
Coronation buys into real estate investor
Coronation Asset Management has acquired a stake in a South Africa-based company focused on the real estate investment space.
The investor has acquired a 10.22%...
European player exits 51% Zambian stake to portco
A Europe-based investor has exited a Zambia-based power company – a hydroelectric power producer that is expanding into solar generation, selling a 51% stake...