Investment in Africa Businesses Africa was labelled as “The Hopeless Continent” on the cover page of “The Economist” in May 2000. The similar publication put Africa…
KENYA – The International Finance Corporation, the private investment arm of the World Bank, has acquired a 10 percent stake in Nairobi-based insurance firm Britam. “Britam…
SOUTH AFRICA – Alternative asset manager, Capitalworks Group has launched Africa Capitalworks, an investment firm that will deploy permanent equity capital in mid-market companies in strategically…
KENYA – Centum Investment has confirmed that it earned Sh1.1 billion ($10 million) from the sale of its 26 percent stake in Kenya Wine Agencies Limited (Kwal).…
South African pharma-care giant Apsen Group will acquire the remaining rights to a portfolio of anesthetics from AstraZeneca after it agreed to sell its U.S rights to…
The African Development Bank (AfDB) Group has pledged $540 million in capital funds towards Chad’s National Development Plan (NDP); support in developing bankable projects up to…
The European Investment Bank (EIB) has inked an agreement to invest $15 million in Egypt Mid-Cap, a generalist private equity fund that targets capital investments in…
Aliko Dangote, Africa’s richest man and the President of the continent’s largest cement maker Dangote Cement, is reportedly mulling over counter-offers for PPC Group Ltd., which…
Agribusiness project developer AgDev Co has partnered with a group of experienced Mozambican investors known as Nika to rehabilitate Citrum SA, a banana plantation in the…
Ghana’s financial stocks are doing well, and experts believe that investors cannot look further than them this year, especially with the sharp drop in the Treasury…
