Tag: CDC
West Africa GP attracts new LP
Nigeria-based CardinalStone Capital Advisers (CCA) is in line to receive a commitment from a US-based development finance institution to its maiden West Africa-focused generalist...
PE-backed Jumia sued by new investors
Private equity backed Jumia, a Nigeria-based consumer technology company, has had a class action lawsuit brought against it in the US, on allegations of...
TPG takes over Abraaj’s fund
TPG has signed a deal to take over the management of Abraaj’s Growth Markets Health Fund (AGHF), which will see it solidify its presence...
CDC $180m deal finalised
The UK’s development finance institution (DFI) CDC has finalised the $180 million deal to back Liquid Telecom, a Mauritius-based technology services company focused on...
Rocket deal gets pre-IPO funding
A US-based strategic investor has signed a deal to acquire a stake in Rocket Internet’s Nigeria-based consumer technology portfolio company – as the company...
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)....