Summit Africa gets $20m from BII
Summit Africa has received a $20 million (R355 million) commitment from British International Investment (BII) for its sophomore vehicle.
BII has committed to Summit’s Private...
Middle Eastern LP to invest $2.6bn in Africa
A Middle Eastern LP is significantly increasing its investments into Africa's energy infrastructure, with plans to allocate $2.65 billion to the space.
The Islamic Development...
PE player’s exit to Sports Direct moves ahead
A private equity investor’s deal to sell its South Africa-based consumer goods distribution company through a strategic exit is set for final completion. The...
Alterra buys into travel company
Alterra Capital Partners has reportedly acquired a stake in a UK-based travel company focused on East Africa.
The transaction provides capital to scale operations and...
Regional GP narrowly misses fund target
A regional General Partner (GP) has reached the final close on its Southern Africa-focused credit vehicle, narrowly missing its target by approximately 6.67%.
Kholo Capital...
Asian LP to invest $1.5bn in Africa
An Asian LP is set to increase its commitment to Africa's infrastructure space from $1 billion to $1.5 billion, over the next six years,...