Private Equity
The investment in Albidon’s Munali Nickel Project in Zambia is the firm's first nickel mining deal in Fund I.
2 min read · 05 January 2013
An investment vehicle owned by Johann Rupert will commit $230m to obtain control of two Lehman Brothers Merchant Banking Funds.
1 min read · 05 January 2013
The specialist emerging markets bank, whose private equity investments have until now focused on South Africa, is establishing a Nigerian private equity team to be headed up by Lloyd Onaghimon.
2 min read · 05 January 2013
Ethos Private Equity and Old Mutual Private Equity have invested in the African Northern Cape-based lime and calcium processing plant Idwala Industrial, for a reported 44 % stake. The deal represented an exit for the Tisco Group and RMB Ventures.
1 min read · 05 January 2013
The pan-African investor has sold sugar, flour and animal feed producer SOMDIAA to its majority shareholders for $26m as Africa Fund I continues to divest.
1 min read · 05 January 2013
Africa-focused private equity firm Development Partners International has backed South Africa-based telecom company Q-Venture. The firm has raised €272m toward its debut fund, which it aims to close on €400m in 2009.
1 min read · 05 January 2013
WaterHealth International, which provides clean and affordable water to remote and underserved communities, will use the investment to expand operations.
1 min read · 05 January 2013
Lehman Brothers Merchant Banking will partially spin out as an independent firm, while the failed bank will retain ownership of a portion of the funds. Limited partners in Lehman’s most recent buyout fund have been given the option to reduce unfunded commitments by 25%.
2 min read · 05 January 2013
While lauding its ‘exceptionally good’ returns and commitment to developing countries, the National Audit Office has highlighted ‘lapses in oversight and governance’ regarding CDC’s remuneration policy.
2 min read · 05 January 2013
A joint partnership between Venture Partners Botswana and the Botswana Medical Aid Society has purchased a 90% stake in Medical Rescue International Botswana.
1 min read · 05 January 2013