PIC acting CEO suspended
Public Investment Corporation (PIC) acting chief executive officer (CEO) Matshepo More has been suspended after less than a year in the role.
She is alleged...
GP beats fund target on reopened fund
Meridiam has sailed to close its maiden Africa-focused vehicle, Meridiam Infrastructure Africa Fund (MIAF), beating its target with over $600 million raised.
MIAF has been...
Adiwalé gets new LP
Adiwalé Partners has received a commitment from the African Development Bank (AfDB), with the funds going into its maiden Francophone West Africa-focused vehicle.
AfDB is...
Akin hires OMM funds partners
Akin Gump Strauss Hauer & Feld has brought in O'Melveny & Myers (OMM) funds partners Aleksander Bakic and Daniel Quinn.
The move ends Bakic's seven...
CDC in deal with 5 GPs
CDC has backed a $25 million series-C investment into Ghana-based renewable energy provider Persistent Energy Ghana (PEG) Africa, partnering with five general partners (GP)....
Quantum head released, Mauritius unfreezes licences
Quantum global chairman, Jean-Claude Bastos de Morais has been released from an Angolan jail following the resolution of disputes with the SWF of Angola....