ARC backs Sanlam spin out
African Rainbow Capital Investments (ARC) has backed the spin out of part of Sanlam’s asset management businesses to form Sanlam Investment Holdings (SIH).
ARC is...
Sanlam hires risk head from FirstRand
South Africa-based financial services company Sanlam has named Mlondolozi Mahlangeni as its new chief risk officer and chief actuary, bringing him in from FirstRand...
IDH to get fund commitment
IDH Investment Management is set to receive a commitment from a Netherlands-based development financier to its emerging markets-focused specialist fund that will invest 50%...
PE-backed company ebitda hits c$2.4bn
A private equity backed South Africa-based telecommunications portfolio company has reported earnings before interest, tax, depreciation and amortization (ebitda) of approximately $2.42 billion (R41.7...
PE-backed company in US listing plans
A private equity-backed Nigeria-based telecommunications infrastructure company, IHS Towers is working on an initial public offering (IPO) in the US.
IHS is backed by a...
VentureBuilder in energy deal Â
VentureBuilder has backed an approximately $1 million investment in Energy+, a Mali-based renewable energy provider.
The Netherlands-based early-stage investor is injecting an undisclosed amount of...