Apr 8, 2013 | Africa, News
(Reuters) – Kenya-based private equity firm Catalyst Principal Partners has an eye on demand from East Africa’s growing middle class as it starts to make investments from a broad $125 million fund and from a partnership dedicated to real estate....
Mar 15, 2013 | Africa, News
African Venture Capital Association 28 February 2013 The African Agriculture Fund, managed by Phatisa, has invested in Continental Beverage Company, a company bottling and distributing mineral water with its head office in Abidjan, the commercial capital of Côte...
Mar 15, 2013 | Africa, News
African Venture Capital Association 13 March 2013 Amethis Finance has completed its first private equity investment by injecting USD10.5 in Chase Bank, Kenya. Chase Bank is the fastest growing and one of the most innovative Kenyan banks. It offers a full range of...
Mar 14, 2013 | Africa, MENA, News
Summit Partners has invested a reported $26 million (€20million) in Egypt-based e-commerce company Jumia. The investor is understood to be taking a stake in the company through a German-based holding company. The funds are expected to be used to accelerate the...
Mar 13, 2013 | Africa, Central & Eastern Europe, News, Russia
JOHANNESBURG/MOSCOW, March 12 (Reuters) – South African media and e-commerce firm Naspers Ltd bought an 18.6 percent stake in Russian internet rival Avito Holdings with an agreed merger of their local classified businesses and $50 million in cash. Naspers...
Feb 25, 2013 | Africa, News
Advanced Finance and Investment Group (AFIG) has committed $14 million to two Senegal-based companies, Elton Oil Company, a downstream oil company, and Senbus Industries, an automotive assembler. The companies will initially get $10 million as a hybrid of equity and...
