Ex-Abraaj platform gets two LPs
An ex-Abraaj platform has received commitments from another two LPs, as it works to raise a new fund to back mid-cap deals across North...
JP Morgan loses key Africa head
JP Morgan has lost its head of global corporate banking for sub-Saharan Africa, who has left the firm to join a US-based competitor.
The US-based...
Swiss investors signal Africa appetite
Swiss investors have signalled appetite for Africa following a capital raise by an Africa-focused financial institution. The institution sold its largest Swiss franc bond...
Consortium exits 2 yrs after privatisation
A consortium is exiting an Egypt-based financial services company in a sale to a strategic buyer. This ends an approximately two-year holding period, after...
US player backs $50m deal as losses narrow
A US-based investor has backed an Africa-focused e-commerce technology company in a $50m deal. The deal has closed as Jumia’s adjusted EBITDA loss narrowed...
Private credit player in $12m deal
A private credit player has backed a $12m emerging markets-focused technology company, with the capital earmarked for expansion across Africa.
BluePeak Private Capital has backed...