ECP to pay 8x for deal
Emerging Capital Partners (ECP) has signed a deal to acquire a South Africa-based consumer foods retailer – paying 8x earnings before interest, taxes, depreciation...
Novastar expects Q2 final close
Novastar Ventures is working towards the final close of its Africa-focused financial services-dedicated vehicle – expected by April 2020.
The East Africa fund manager is...
Africa50 in Guinea deal
Africa50 has signed a deal to back Gbessia Conakry International Airport, a Guinea-based infrastructure company.
The investor is in the deal alongside a strategic investor,...
Actis names new partner
Actis has named Susan Wilkins, chief financial officer (CFO) and member of the firm’s executive committee as partner, after less than a year at...
GreenTec in 1st Morocco deal
GreenTec Capital Partners has backed a Morocco-based business services technology company – sealing its first deal in the country.
The investor has injected an undisclosed...
Cordiant sets up new West Africa funds
Cordiant Capital has set up two specialist vehicles, to target deals across West Africa’s infrastructure space.
The main fund, Infrastructure Equity Fund (Infrastructure Fund) has...