North Africa

Pamodzi raises first ever billion dollar African fund(2)

Pamodzi Investment Holdings, a South African black economic empowerment vehicle, has reportedly smashed the record for private equity fundraising in Africa.

Actis and Helios exit Flamingo(2)

Tea company Finlays has bought horticultural business Flamingo, providing an exit for minority shareholders Actis and Helios Investment Partners.

Pamodzi raises first ever billion dollar African fund

Pamodzi Investment Holdings, a South African black economic empowerment vehicle, has reportedly smashed the record for private equity fundraising in Africa.

Actis resolves succession difficulties at mattress maker(3)

The Moukarim family has sold its majority stake in the Nigerian foam mattress company Mouka to emerging markets buyout firm Actis in an effort to resolve succession problems.

Citadel bolts on C$898 oil and gas company(3)

Egyptian buyout firm Citadel Capital Company has signed a deal to bolt on Canadian-listed oil company Rally Energy to the National Petroleum Corporation.

Knight Frank to launch East African property fund

Having recently reported an increase in value and growth in the region, the firm’s private equity real estate arm will launch an East Africa-dedicated fund, its fifth fund in the last two and a half years.

Citadel bolts on C$898 oil and gas company(2)

Egyptian buyout firm Citadel Capital Company has signed a deal to bolt on Canadian-listed oil company Rally Energy to the National Petroleum Corporation.

BC reaps bumper profit on Swiss hospitals(3)

The European buyout firm has sold Swiss private healthcare group Hirslanden after five years, as another South African hospital group looks abroad for expansion.

ECP makes $50m exit on African rubber producer(3)

The Africa-focused firm earned a 3.4x return on its investment in rubber company Societe Internationale de Plantations d’Heveas – the latest in a series of successful exits on the continent.

BC reaps bumper profit on Swiss hospitals(2)

The European buyout firm has sold Swiss private healthcare group Hirslanden after five years, as another South African hospital group looks abroad for expansion.