Berkshire backs Permira deal
US-based private equity firm Berkshire Partners has signed a deal to acquire a majority stake in Teraco Data Environments, a South Africa-based technology services...
UK investor in $100m Africa deal
UK-based Generation Investment Management has led a $100 million series-D investment into Andela, an Africa-focused technology-based business services company.
The series-D financing round includes capital...
US pension fund confirms two Africa funds
A US-based pension fund has made its final selections for its first foray into Africa, backing a pan-African investor and a regional GP.
Chicago Teachers’...
PIC suspends deals head
South Africa’s Public Investment Corporation (PIC) executive head of listed investments Fidelis Madavo has been suspended, as part of on-going investigations into investment irregularities.
PIC...
AFIG in Nigeria deal
Advanced Finance and Investment Group (AFIG) has invested an undisclosed amount in NEM Insurance, a financial services company based in Nigeria.
The investor is acquiring...
Moringa seals 5th SSA deal
Moringa Partnership has signed its fifth Sub-Saharan Africa (SSA) deal, backing an agriculture production company based in Mali - partnering with Okan Partners on...