Private Equity

North Africa

Report: Anil Ambani's Reliance Capital to raise $1bn fund

Reliance Capital, a part of the Anil Ambani-led Anil Dhirubhai Ambani Group, is set to raise capital to invest in India's services, logistics, real estate and pharmaceutical sectors.

2 min read · 04 January 2013

West Africa’s rising profile

The region, often the site of political instability, has in the past month been home to several positive developments for private equity.

3 min read · 04 January 2013

Beltone and Siparex to launch $150m fund

The Egyptian investment bank's private equity arm and the French private equity firm will make growth capital investments in Egypt and the GCC countries.

2 min read · 04 January 2013

Nigerian telecom exit nets ECP 2.9x

The Africa-focussed firm made proceeds of some $99m in a private placement preceding Starcomms’ listing on the Nigerian Stock Exchange. Emerging markets focussed-Actis also exited its investment in the company.

1 min read · 04 January 2013

ECP buys Djibouti salt producer for $30m

The pan-African investor, nearing full deployment of its first independently raised fund, is betting that the East African nation’s biggest saltwater lake can produce four million tons of salt by 2012. The fresh capital will be used for buying equipment and facility renovations.

2 min read · 04 January 2013

CDC commits $149.8m to African funds

The UK government’s emerging markets investment unit’s total committed investment in Africa reaches $2.6bn.

2 min read · 04 January 2013

East African social investment fund targets €10m

The joint venture between Dutch and Kenyan entrepreneurs and a Dutch development organisation is looking to generate a financial and social return in East Africa.

2 min read · 04 January 2013

Kingdom holds first close on $325m

Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud’s investment company is the cornerstone investor in Kingdom’s second pan-African fund, which is targeting $500m. The firm is looking to back businesses operating in more than one country.

2 min read · 04 January 2013

Blackstone to construct €1bn European windfarm

The Ney York firm has confirmed its second significant investment in the renewable energy sector with an agreement to invest in a wind farm off the coast of Germany.

1 min read · 04 January 2013

IFC backs francophone Africa fund

The Washington, DC-based development institution has furthered its support of regional SMEs via a $15 million investment in the Senegal-based Atlantic Coast Regional Fund, which has held a first close on $75 million.

2 min read · 04 January 2013

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