Private Equity |

Private Equity | Carlyle Sees Currency ‘Dislocation’ Stalling African Buyouts

LAGOS, Nigeria, Capital Markets in Africa: Volatile currencies and weaker commodity prices are keeping private equity investors focused on sub-Saharan Africa on the sidelines even though buyout firms have record amounts of cash to spend on acquisitions. “There’s been a dislocation in the market,” Marlon Chigwende, manager of Carlyle Group LP’s $698 million African fund, said by phone from London. “The dollar has appreciated strongly against a lot of African currencies so it’s had the effect of slowing…

Denham Capital and GreenWish Partners Sign Strategic Partnership

Posted on by The Editorial Team

NIGERIA, Capital Markets in Africa: Denham Capital, a leading global energy-focused private equity firm, and GreenWish Partners, a renewable energy investment company dedicated to sub-Saharan Africa, today announced a partnership to develop, build and finance a portfolio of 600 megawatts (MW) of renewable energy assets across sub-Saharan Africa by 2020. The capital commitment will allow the African renewables platform to carry out a USD$1 billion project pipeline. Charlotte Aubin-Kalaidjian, CEO of GreenWish, said, “We look…

Private Equity | Harith, Africa Finance Merge $3.3 Billion Assets to Boost Growth

Posted on by The Editorial Team

LAGOS, Nigeria, Capital Markets in Africa: Africa Finance Corp. and Harith General Partners Pty Limited. merged their African power assets in a bid to promote growth across the continent. The new entity’s portfolio will be valued at $3.3 billion and have 1.3 gigawatts of capacity in operation and under development, according to a joint e-mailed statement from the development institution and private equity company. The joint venture, which provides energy to 30 million people in 10…

Private Equity | Injaro invests in Gold Coast Fruits

Posted on by The Editorial Team

ACCRA, Ghana, Capital Markets in Africa: Injaro Agricultural Capital Holdings Limited (IACHL), the impact investment fund managed by Injaro Investments, announces an investment in Ghana’s pineapple sector. IACHL, through its Ghanaian subsidiary Injaro Agricultural Venture Capital Limited (IAVCL), has signed an agreement to invest in Gold Coast Fruits Limited (GCF), a Ghanaian pineapple exporter based in Accra. Founded in 2005, GCF is one of Ghana’s leading exporters of ‘Golden Sweet’ (MD2) pineapple with customers in…

Private Equity | Helios closes sale of HTN Towers to IHS

Posted on by The Editorial Team

London, Capital Markets in Africa: Helios Investment Partners (acting on behalf of Helios Investors, L.P.) and including The Pembani Group, First City Monument Bank and IFC, announced today the completion of the sale of HTN Towers (“HTN”), the pioneer of tower infrastructure sharing in Africa, to IHS Holding Limited, the largest mobile telecommunications infrastructure provider in Africa, Europe and the Middle East. Founded by Helios in 2006, HTN was the first independent telecom tower company…

Investment | Helios acquires majority stake in Telkom Kenya

Posted on by The Editorial Team

Nairobi, Kenya, Capital Markets in Africa: UK private equity firm, Helios Investment Partners, today announced the acquisition of a 60% shareholding in Telkom Kenya by Jamhuri Holdings Limited (JHL), a company owned 100% by HeIios Investors III, L.P. (a fund advised by Helios Investment Partners LLP) following receipt of regulatory approval. The transaction also included an increase in the shareholding of the Government of Kenya (GoK) in Telkom Kenya from 30% to 40%. Babatunde Soyoye,…

Investment | Mediterrania Capital Partners invests in MedTech Group, Morocco

Posted on by The Editorial Team

Casablanca, Morocco, Capital Markets in Africa: Mediterrania Capital Partners, the regional private equity firm focusing on growth investments for companies in North African and sub-Saharan countries, announces the acquisition through its second fund, Mediterrania Capital II, of a stake in MedTech Group, Morocco’s leading IT business system integrator incorporating solutions from corporations such as Oracle, Microsoft, NCR, Alcatel-Lucent, Cisco, EMC and IBM. With 25 years of experience in the IT industry, nowadays MedTech is operating…

« 1 … 42 43 44 45 46 … 58 »