Private Equity

Sub-Saharan Africa

Pacific Road to invest $26m in nickel miner

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

Reinet picks up Lehman funds

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

Standard Bank Private Equity opens in Lagos

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 leads investment in African minerals

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

ECP nets 2x return on agribusiness exit

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

African fund in debut deal

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

Cleantech water company gets $10m follow on

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 buyout arm to spin out

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

CDC comes under fire

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

VPB buys Botswana emergency services

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

Showing 311 to 320 of 637 results
1…3133…64