Belgian FoF hits 1st close at over 50%
A Belgium-based investor has touched first close on its emerging markets-focused Fund-of-Funds (FoF) reaching 50.6% of its final target, attracting nine investors. The fund...
Carlyle & Duet company in Zambia deal
Carlyle and Duet Asset Management’s Nigeria-based financial services portfolio company, has sealed a deal to wholly acquire a Zambia-based financial services provider.
Access Bank, through...
Helios & Fairfax merge to create listed vehicle
Helios Holdings and Fairfax Africa Holdings have merged to create an alternative investment platform Helios Fairfax Partners (HFP), a vehicle to be listed in...
Specialist investor in Nigeria deal
A US-based specialist investor has backed an early-stage investment round into a Nigeria-based technology company focused on the financial services space.
9Yards Capital has invested...
Egypt SWF & EFG partner on deal
Egypt’s sovereign wealth fund (SWF), The Sovereign Fund of Egypt (TSFE) and EFG Hermes are working on plans to acquire a majority stake in...
XSML ties in new LP
XSML has received a commitment from a European development finance institution to its latest vehicle, which is structured to invest both debt and equity.
Belgium...