Oct 11, 2013 | Africa, News
NAIROBI (Reuters) – Kenya-based private equity house Fanisi Capital will launch a second fund of at least $100 million before the end of next year to invest in new markets across sub-Saharan Africa, its managing partner said on Friday. Fanisi’s new fund...
Oct 10, 2013 | Central & Eastern Europe, East Asia, News, Russia
The Moscow Times State corporation Rusnano will sell part of its stake in Russky Quartz to the project’s new strategic investor, Japan’s Sumitomo Corporation, a news report said Friday. The share constitutes 16.13 percent of the mineral processing...
Oct 10, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times Russia’s richest man Alisher Usmanov and his business partner Ivan Tavrin are seeking a buyer for their media holding UTV, a news report said Friday. UTV Holding was formed in 2009 through the merger of Usmanov and Tavrin’s television...
Oct 10, 2013 | News, North America, Western Europe
Techcrunch Oct 9 Partech Ventures, a VC firm that operates from offices in Paris, Berlin and Silicon Valley, has closed a total of $215 million for its Partech VI venture fund and a new seed-focused Entrepreneur fund. Partech’s venture fund will be backed by $175...
Oct 10, 2013 | News, North America
Techcrunch Oct 9 CoreOS, a Y Combinator alum, has received investment from Andreessen Horowitz and Sequoia Capital for its new Linux-based operating system designed to run like Google would run its own cloud infrastructure. Terms of the deal were not disclosed but CEO...
Oct 10, 2013 | Central & Eastern Europe, News, North America, Russia
Washington, D.C. October 08, 2013 A total of 87 applicants from more than 30 cities across Russia sought to land one of just three residency openings in the U.S.-Russia Innovation Corridor (USRIC), a collaborative innovation initiative led by American Councils for...