Sub-Saharan Africa

First Reserve pays $420m for South African mining company

First Reserve hopes to take advantage of soaring nuclear power industry demand for uranium with an acquisition in South Africa.

Blackstone real estate fundraise passes $10bn

The private equity real estate division of Blackstone has yet to reach a final close, but its commitments to date mean the New York alternatives giant now controls the largest funds in both private equity and private equity real estate.

ECP, Truffle pay $53m for Moroccan mines

Emerging Capital Partners, in partnership with Truffle Capital, has acquired a third African mining company with its $53 million purchase of Morocco’s Compagnie Miniere de Touissit.

Denham recruits ex-Nomura head for London push(2)

Denham Capital Management is the latest US power industry investor to set up a London office, after recruiting the former head of energy at Japanese bank Nomura International Louis van Pletsen.

Knight Frank to launch East African property fund(4)

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.

Brait profits from buyouts

South African investment firm Brait’s results have benefitted from private equity activity, as competition increases in its domestic market with the arrival of large global firms.

Knight Frank to launch East African property fund(3)

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.

Knight Frank to launch East African property fund(2)

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.

ECP invests $35m in Nigerian oil company

Emerging Capital Partners has made its fifth investment in the African oil and gas sector, capturing a stake in Nigeria’s biggest oil and gas firm.

Ethos and Goldman place bets on South African gaming company(4)

Ethos Private Equity, one of South Africa’s largest domestic buyout firms, and Goldman Sachs are heading a consortium to buy local casino Gold Reef Resorts, in the US investment bank’s first deal in the country.