Africa


Africa Capital Digest Week 29

Africa Capital Digest Week 29

There were, for Africa, some big numbers flying about last week for private equity deals. Only one concerned a direct investment of capital, however, while the others related to deals that had been done or are about to be done.
Milost Global, a New York-based private equity firm with $25 billion in committed capital, agreed to [...]

Télécoms et digitalisation, le grand gâchis africain ?

Télécoms et digitalisation, le grand gâchis africain ?

Vantée depuis des années pour sa vitalité et sa croissance exponentielle, les télécoms en Afrique sont à la croisée des chemins. Partagée entre grands opérateurs qui cherchent à consolider leurs marges et régulateurs souvent en panne de vision, la digitalisation de l’Afrique et la nécessaire démocratisation de l’accès au réseau souffre désormais d’un sous-investissement chronique. [...]

Africa Capital Digest Week 28

Africa Capital Digest Week 28

This week, we’re starting with some interesting fund news. Yeelen Capitalannounced that has held a €30 million initial close for the Yeelen Financial Fund, a new private equity investment vehicle fund focused on opportunities in the financial services sector in the WAEMU region.

Yeelen was selected by the West African Development Bank earlier this year to raise, [...]

Africa Capital Digest Week 25

Dollar-wise, the two biggest private equity deals involving African assets last week involved exits-and they were companies that had operations in other regions in addition to their African businesses.
In the first, having sold a significant proportion of its stake in Rocket Internet in late February this year, Swedish investment firm Kinnevik AB sold its remaining 6.6% shareholding in the publicly-listed [...]

Africa Capital Digest Week 24

Dollar-wise, the two biggest private equity deals involving African assets last week involved exits-and they were companies that had operations in other regions in addition to their African businesses.
In the first, having sold a significant proportion of its stake in Rocket Internet in late February this year, Swedish investment firm Kinnevik AB sold its remaining 6.6% shareholding in the publicly-listed [...]

Africa Capital Digest Review Week 22

Last week was a quiet week for private capital investment activity in Africa. And, of the deal that were done, none were on the large side. In what we estimate to the the largest deal of the week, XSML Capital announced that it is backing KARE Distribution for its first Ugandan deal. Terms of the deal were [...]

Africa Capital Digest Week 21

Tech deals were the flavor of the week in Africa’s private capital investment world last week. There were three private equity transactions reported, for established companies and a startup.
Google, Convergence Partners, the IFC and Mitsui & Company are teaming up to commit up to $100 million to CSquared, a broadband infrastructure company building wholesale metro fibre optic networks [...]

Développement : 350 millions d’Africains font désormais partie de la classe moyenne

Développement : 350 millions d’Africains font désormais partie de la classe moyenne

Concernant “la santé, l’éducation et le niveau de vie”, un tiers des pays africains ont atteint des niveaux de développement “moyens ou élevés”, selon un rapport publié lundi par la BAD, en partenariat avec l’OCDE et le Pnud.
Même si « les progrès sur le front du développement humain restent lents et inégaux », 18 pays africains sur [...]

Africa Capital Digest week 20

Africa Capital Digest week 20

Hopefully, small proves to be beautiful for the Africa-focused private equity investors making deals last week. Because, the common theme of the week was deals of the smaller variety. Not that they don’t have big plans. They do.
Fresh from holding a first close for its second fund in early April, Catalyst Principal Partners has completed the [...]

Télécommunications : Maroc Telecom récolte les fruits de son offensive subsaharienne

Télécommunications : Maroc Telecom récolte les fruits de son offensive subsaharienne

Pionnier parmi les entreprises chérifiennes à s’être implantées au sud du Sahara, l’opérateur de téléphonie mobile tire désormais une bonne partie de sa croissance de ses nouveaux marchés.
La réussite de l’offensive africaine de Maroc Telecom est à présent tangible dans les comptes, y compris pour ses dernières acquisitions de 2015. « Les nouvelles filiales Moov [au [...]