AIIM backs Accugas
African Infrastructure Investment Managers (AIIM) has acquired a 20% stake in Accugas, a Nigeria-based infrastructure company focused on the energy space.
The investor is acquiring...
Helios portfolios complete c$1.5bn deal
Helios Investment Partners’ two Africa-focused oil & gas portfolio companies have completed an acquisition deal valued at $1.53 billion.
Africa Oil Corp has acquired a...
AfricInvest in follow-on deal
AfricInvest has sealed a follow-on deal to back its Tunisia-based consumer food production portfolio company.
The investor has acquired an additional stake in Land’or and...
AfricInvest seals 4th fund deal
AfricInvest has backed Masria Digital Payment (MDP), an Egypt-based financial services technology company – sealing the fourth deal from its regional generalist vehicle.
The financial...
Ezdehar in 5th fund deal
Ezdehar Management has acquired an undisclosed stake in Rich Food Industries (Rich Food), an Egypt-based consumer food production company – sealing its fifth deal...
Old Mutual wins appeal against ex-CEO
Old Mutual has won the appeal against the reinstatement of ex-chief executive officer (CEO) Peter Moyo.
The company had filed an appeal in 2019 against...