Omidyar exits to Shell
Omidyar Network has exited its minority stake in d.light, an emerging markets-focused manufacturing company – selling its stake to Shell Ventures.
The financial details of...
LP commits to tech fund
A European development finance institution has approved a commitment to a specialist vehicle targeting early-stage technology companies across Sub-Saharan Africa (SSA).
European Investment Bank (EIB)...
PE-backed company in $400m deal
A private equity backed emerging markets-focused technology-based consumer goods holding company, Frontier Car Group (FCG) is set to receive $400 million investment from OLX...
US & Africa DFIs in $5bn co-investment deal
The US’s newly set up $60 billion development finance institution (DFI) US International Development Finance Corporation (IDFC) has signed a $5bn co-investment deal with...
Actis & Africa50 in energy deal
Actis and Africa50 have signed a deal to acquire Tobene Power, a Senegal-based energy generation company.
The financial details of transaction have not been disclosed.
The...
CDC creates Nigeria head role, hires from IFC
CDC has brought in Benson Adenuga as director and head of the recently set up Nigeria office, a newly created role – hiring him...