Consortium seeds $45m VC deal
A consortium of investors has backed a Côte d’Ivoire-based financial services company focused on the logistics space in a $45 million seed round.
E3 Capital...
Fund manager raises 29% on 1st close
A fund manager has hit first close on its specialist Africa-focused fund, raising about 29% of the final target.
Phatisa has brought in $86 million...
US LP CIO expands role on c$1.7bn assets
A US based foundation that invests as a limited partner (LP) in funds has expanded the role of its chief investment officer (CIO). The...
Helios completes c$116m SBO deal (Update)
Helios Investment Partners has backed a Nigeria-based industrials company through a secondary buyout carve-out transaction valued at approximately $116 million (€100 million).
Helios has carved...
Ethos delivers exit to Amethis (Updated)
Ethos Private Equity is working on plans to exit its South Africa-based medical equipment distribution company to Amethis.
Ethos is selling its stake in Vertice...
Global exit periods touch Africa levels
Global private equity investors are holding assets for longer than in previous periods, with exit timelines now at levels typically seen in African markets,...