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International

Africa-focused Acre Impact Capital raises $100 mn for first close of debut fund

Finance

19 April, 2024

Africa-focused Acre Impact Capital raises $100 mn for first close of debut fund

Acre Impact Capital, an Africa-focused private-debt impact investment manager, marked the first close of its debut export finance fund to ......

Abu Dhabi firm IHC's arm offers to acquire Vedanta's Zambian copper business

Infrastructure

19 April, 2024

Abu Dhabi firm IHC's arm offers to acquire Vedanta's Zambian copper business

The mining investment arm of Abu Dhabi's most valuable company has offered to buy a majority stake in Vedanta Resources' ......

Binance gets Dubai regulator nod to onboard retail clients

TMT

18 April, 2024

Binance gets Dubai regulator nod to onboard retail clients

Cryptocurrency exchange Binance said on Thursday it had secured a licence from Dubai's regulator VARA that will allow the platform ......

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Sanad gets LP top-up for MENA-focused MSME debt fund

Finance

18 April, 2024

Sanad gets LP top-up for MENA-focused MSME debt fund

The Sanad Fund for MSME, an impact investment fund that provides loans and equity financing to local financial institutions in ......

Abu Dhabi's TAQA in talks with investors of Spanish firm Naturgy for possible takeover

Infrastructure

18 April, 2024

Abu Dhabi's TAQA in talks with investors of Spanish firm Naturgy for possible takeover

Abu Dhabi's TAQA is in talks with the three largest shareholders of Spanish energy firm Naturgy with a view to ......

Abu Dhabi's Islamic Bank in talks to acquire stake in leading Indonesian lender

Finance

18 April, 2024

Abu Dhabi's Islamic Bank in talks to acquire stake in leading Indonesian lender

Abu Dhabi's largest Islamic bank is in talks to buy a minority stake valued at around $1.1 billion in Indonesia's ......

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African PE firm Medu Capital sets target for new fund's final close as LP base shifts

Finance

18 April, 2024

African PE firm Medu Capital sets target for new fund's final close as LP base shifts

Medu Capital, one of the most active private equity firms in South Africa, aims to mark the final close of ......

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South Africa's Vuna Partners picks up minority stake in local consumer player

Consumer

17 April, 2024

South Africa's Vuna Partners picks up minority stake in local consumer player

South Africa-based mid-market private equity investor Vuna Partners struck a fifth deal from its debut investment vehicle, in a fresh ......

Private equity firm CVC Capital unveils plan for $1.3 bn IPO

Finance

16 April, 2024

Private equity firm CVC Capital unveils plan for $1.3 bn IPO

Executives at CVC closely watched the conflict in the Middle East over the weekend as they prepared to unveil the ......

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Believe it or not: Average mid-stage VC cheques in Africa are bigger than the rest of the World!

Finance

16 April, 2024

Believe it or not: Average mid-stage VC cheques in Africa are bigger than the rest of the World!

Mature startups in Africa recorded the highest median deal value in Series B and C rounds through 2023, compared to ......