AfricInvest related stories
All articles and analysis
NYSCRF’s Vicki Fuller joins AVCA advisory councilAt the industry association’s forum in London last year, Fuller announced the $184.5bn pension fund’s plan to invest around $5bn in Africa in the next five years.
- AfricInvest and Siparex raise €20m for Franco-Tunisian fund
Fonds de Co-Localisation Franco Tunisien, which will back Tunisian and French SMEs, has held a first close.
- North African PE deals total $5.3bn over seven years
An African Private Equity and Venture Capital Association report notes that 156 PE transactions took place in the region from 2007 to 2014.
- AfricInvest in $155m insurance sale
The exit comes as the pan-African firm is aiming to collect €200m for its Fund III
- CDC hires Africa funds team manager from Actis
Murray Grant, an Actis founding partner, will join CDC this month
- AXA in €198m Nigerian insurance deal
The French insurer will acquire a controlling stake in Mansard, the country’s fourth insurance provider
- AfricInvest secures up to €25m from CDC
The commitment comes shortly after AfricInvest held a first close of more than €154m for its third fund
- Private equity vets to launch African trade group
Founded by seven established private equity firms, the East Africa Venture Capital Association will launch on 7 November.
- Maghreb regional fund closes ahead of target
Tuninvest, the Tunis-based private equity firm, has closed its second fund focused on the Maghreb region on €125m.