Tag: CDC
PE-consortium backed company in bankruptcy plans
Phatisa’s Africa-focused agriculture production company is working on bankruptcy plans, as it struggles to meet debt obligations amidst challenging operating conditions and depressed market...
DPI attracts Canadian LP
Development Partners International (DPI) is in line to receive a commitment from a Canada-based development finance institution, with the capital set for its third...
CDC creates chief risk role, hires ex-GS specialist
CDC has created a chief risk officer (CRO) role, appointing Jon Hughes into the position, who has previously headed Goldman Sachs’s operational risk unit.
He...
CDC portfolio deal delayed on COVID concerns
CDC's Zambia-based agricultural production portfolio company Zambeef’s deal to finalise the sell of one of its farms has been postponed, on the back of...
DFIs set up COVID crisis liquidity plans
A number of development finance institutions (DFIs) have sealed a pact aimed at thawing frozen capital markets across emerging markets, on the back of...
Ascent fund 90% invested
Ascent Capital Africa has put to work 90% of the investable capital in its regional maiden vehicle, with the funds allocated across nine deals.
Ascent...