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North Africa

Nabeel Laher replaces James Regout, who is standing down after 40 years at Africa’s largest private alternative investment manager.
The emerging markets-focused firm sealed two transactions, including its first from an Africa-focused SMA.
The emerging markets-focused firm sealed two transactions, including its first from an Africa-focused SMA.
Entries are now open for Private Equity International’s 2017 Operational Excellence Awards.
PE firms are striking cheaper deals than their trade peers despite a 30% increase in capital invested compared with last year, says S&P Global Market Intelligence.
The investment was made from 8 Miles’ first fund, Fund I A, which closed in August 2013 on roughly $200 million, sources confirmed to sister title Agri Investor.
The fund, which is targeting $175 million, will focus on investments in East Africa.
Peter Baird left Standard Chartered in November as it wound down its private equity business.
Dele Babade will work on both deal origination and value creation within the existing portfolio.
The Africa and south Asia finance sector specialist has deployed almost half the fund, which had an initial target of $250m.
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