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North Africa

Our highly popular annual awards have got off to a flying start, with nearly 2,000 respondents making their views known at the time of writing.
Ferry builder and operator Globology, part-owned by Dutch family office DOB Equity, will use the investment to double its fleet.
The polls are open for the annual PEI awards – don’t miss your chance to tell us who shone this year.
The firm has agreed to acquire network connectivity provider CMC Networks from Investec.
The profit-with-purpose investor has sealed its first healthcare deal, investing $22m in a Kenyan retail pharmacy.
The sub-Saharan African firm has held a first close on 90% of its target for Fund IV, which is more than twice the size of its predecessor.
Panellists at a forum in London spoke of the need for more creative fund structures for investing in Africa and other emerging markets.
The firm, which raised $1.3bn for its Africa funds last year, is betting on the increasing use of urea-based fertilisers around the world and Indorama’s expansion into African, US and European markets.
Fanisi Capital is targeting $75-$100m for its second fund, which will invest across Kenya, Rwanda, Tanzania and Uganda.
Despite the region’s economic challenges, Africa remains one of the world’s most promising growth opportunities for private equity funds that have the right strategies, say The Boston Consulting Group’s Patrick Dupoux, Marc Becker and Seddik El Fihri.

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