Markets: Africa

Hunting Green Unicorns and Other Ways to Make Capital Deliver Super Returns

Hunting Green Unicorns and Other Ways to Make ...

A new breed of investor is pursuing a "triple bottom line" strategy, including in their due diligence an analysis of the social, environmental and governance  risks and impacts of investments. As result, there are new opportunities for investing in transportation networks, alternative energy infrastructure, textiles and even farmlands. The motivation is to make money on the deals but also to [...]

Abraaj Group’s $1.4bn Funds Shows Strength in African Private Equity

Abraaj Group’s $1.4bn Funds Shows Strength in ...

  Abraaj Group announced big news at the start of the week, as it closed its latest private equity fund. The North Africa focused fund managed to raise $375 million in investments. Together with its previous sub-Saharan focused fund, closed in April, Abraaj Group is set to invest nearly $1.4 billion more in the continent.   The Newest Fund   [...]

MENA Private Equity Association: State of Middle East’s PE Industry

MENA Private Equity Association: State of Middle ...

  The non-profit organisation MENA Private Equity Association has published its latest report in the private equity and venture capital industry of the Middle East and North Africa. The ninth report found that private equity in the region continues to interest investors and deal volumes in the region are growing.   The Findings   The report found that the region [...]

TPG Making Its First Foray into Africa with $1 Billion Investment

TPG Making Its First Foray into Africa with $1 ...

  One of the world’s largest private equity firms is venturing into the African markets for the first time. TPG announced its plans to invest up to $1 billion in Africa. The investment will be a tie-up venture with a Sudanese billionaire Mo Ibrahim and his private equity firm, Satya Capital.   The New Adventure   The investment will be [...]

Private Equity Fund To Buy Oil and Gas Assets Worldwide

Private Equity Fund To Buy Oil and Gas Assets ...

A new London-based fund is looking for oil and gas assets to buy. Carlyle Group and CVC Capital Partners back this $5 billion fund. But are there too many risks involved with the troubled industry? A new private equity backed fund is set to buy oil and gas assets around the world. The London-based fun, Neptune Oil and Gas, is [...]

Blockbuster Deals Make Cross-Border M&A Pop

Blockbuster Deals Make Cross-Border M&A Pop

US firms are investing huge sums in acquiring European companies through M&A. Volume climbed to USD 116 bn via 410 deals so far this year, nearly triple the USD 38.9 bn announced via 393 deals in the same period last year, according to dealogic. It is the highest YTD on record. Eighteen large-sized transactions (greater than USD 1 bn) caused [...]

Experts: Private Equity Has More Growth Potential in the Middle East 

Experts: Private Equity Has More Growth Potential in...

Experts believe appetite for private equity remains strong in the Middle East and North Africa and believe the private equity industry in the region is ripe for further growth. But analysts also told in the recent debate that the region’s private equity industry still has some room for improvement in terms of financial reporting and transparency.   The ICAEW Debate [...]

Standard Chartered Led Private Equity Consortium Buys Minority Stake in FINE

Standard Chartered Led Private Equity Consortium ...

Standard Chartered Private Equity (SCPE) led consortium has announced investment in Nuqul Group’s FINE company. The Jordanian company has agreed to sell a minority stake to the private equity consortium in a deal worth $175 million. It’s another big investment by SCPE in the Middle East and North Africa.   The Announcement The announcement was widely published in newspapers on [...]

Private Equity Investment Increasing Globally, Dry Powder Still a Worry

Private Equity Investment Increasing Globally, Dry ...

Recent data on the first quarter performance of private equity investment in 2015 shows the industry remains strong. Global growth markets have seen a lot of growth and PE investors are spending a lot of capital for global entrepreneurs now. But at the same time, dry powder remains a key talking point, with private equity funds sitting on top of [...]

EU Teaming Up with a Private Equity Firm to Invest in Sub-Saharan Africa

EU Teaming Up with a Private Equity Firm to Invest ...

According to recent reports, the European Union is about to get more involved with private equity investing. The organisation is teaming up with a private equity firm Aster Capital Partners, with the aim of investing around $60 million in energy companies across sub-Saharan Africa. The AFK Insider reported on the news on Sunday, stating the EU-backed Electricity Fund will be under [...]

Abraaj Closes $990 Sub-Saharan Africa Fund

Abraaj Closes $990 Sub-Saharan Africa Fund

Private equity firm Abraaj Group announced on Monday that it has closed its $990 million sub-Saharan Africa fund. It is the third such fund for the firm and shows investors have a lot of faith for the emerging markets.   The Details The firm announced its fund has been able to attract plenty of investment, with 64% of the funding [...]

Another Africa-Focused Private Equity Fund Closes Above Target

Another Africa-Focused Private Equity Fund Closes ...

Private equity firm Development Partners International announced on Tuesday that it has closed its second Africa-focused fund. The fund was able to raise nearly 45% above its target, which is another testament to Africa’s continued ability to attract investors as the continent’s consumer class continues to expand.   The Latest Fundraising Effort The private equity firm is the latest example [...]

 Women Leading the Way for More Private Equity Investment in Africa

 Women Leading the Way for More Private Equity ...

The private equity sector in Africa is rapidly growing and some of the biggest private equity firms have turned their attention to the region. Predominantly the field is a male dominated one all over the world, yet change is slowly taking place and more women are getting involved.   Africa is one region where women are taking in important role [...]

Private Equity Firms Clearing Out Assets

Private Equity Firms Clearing Out Assets

The start of the year has been defined by a large number of private equity firms clearing out assets and finding ways to withdraw from investments. There have been unusually many of these buyout firm withdrawals – much more so than private equity firms acquiring new assets in terms of volume. But what is behind this deal activity and what [...]

How Currency Volatility Impacts Private Equity Firms

How Currency Volatility Impacts Private Equity Firms

The past few weeks have seen plenty of speculation that China might be about to devalue the yuan. Although private equity firms don’t typically need to worry about currency fluctuation and volatility, the prospect of devaluation could potentially cut of profit margins for many of the worlds PE funds. So how serious is the impact of currency volatility and what [...]