DPI portco hits $1.4bn valuation in new deal
Development Partners International’s (DPI) financial services technology portfolio company has touched $1.4 billion in valuation following a new investment round.
Al Ahly Capital Holding has...
African LP raises $2bn from global players
An Africa-based development financier that also commits to funds as a limited partner (LP) has raised $2 billion worth of debt in an oversubscribed...
SoftBank portco attracts $378m
A SoftBank portfolio company has attracted $378 million worth of capital for its Ethiopia-based renewable energy generation producer.
International Finance Corporation (IFC) and African Development...
ARM-Harith touches 1st close at 38%
ARM-Harith Infrastructure Investments has hit first close on its specialist Africa-focused fund, raising about 38% of the final target.
ARM-Harith has brought in approximately $76...
Aruwa delivers clearing deal
Aruwa Capital Management has backed a venture capital deal to invest in a US-based financial services company. The company provides clearing and settlement services.
The...
DEG picks manager for new FoF
Deutsche Investitions- und Entwicklungsgesellschaft (DEG) has selected a fund manager for its new emerging markets-focused fund-of-funds (FoF), which will also invest in Africa. The...