Egyptian investor attracts new LP
An Egypt-based investor, Algebra Ventures has received a commitment to its specialist early-stage vehicle, from a Netherlands-based investor.
FMO has committed a $10 million to...
Norwegian pension fund backs assets manager
A Norway-based pension funds manager has signed a deal to back an Africa-focused financial services company focused on the asset management space.
KLP has backed...
Actis exits energy deal after 7 years
Actis has signed a deal to sell its Africa-focused renewable energy development portfolio company, exiting after about seven years.
The investor is exiting its stake...
Consortium in $727m energy deal
A consortium of investors has backed a $727million (R12.4 billion) debt investment in an emerging market-focused renewable energy company.
Standard Bank has led a debt...
ARC’s Sanlam Absa carve out approved
African Rainbow Capital’s (ARC) deal to fund Sanlam Investments’ carve out of Absa Investments has been approved by a deals regulator.
ARC, which is an...
MITC seals 6th fund II deal
MITC Capital has signed an early-stage deal, backing a Morocco-based energy technology company – sealing the sixth deal from its sophomore vehicle.
The investor has...