Appian to deploy more capital in African mining
Appian Capital Advisory is looking to close two to three mining deals in Africa via its Natural Resources Fund this year, according to Michael W. Scherb, Founder and General Partner.
Appian Capital Advisory is looking to close two to three mining deals in Africa via its Natural Resources Fund this year, according to Michael W. Scherb, Founder and General Partner.
Sub-Saharan Africa has been top of mind for many institutional investors in the past few years, as indicated by record fundraising totals, according to Molly Brister, Manager, Research, EMPEA.
Finland-based Taaleri Private Equity Funds Group will provide further development capital to Cytonn Investments that will be deployed to the Kenyan real estate sector through Cytonn Real Estate, an affiliate whose deal pipeline now stands at KES 56bn.
Endeavor Energy, a power development and generation company backed by global PE firm Denham Capital, has significantly advanced the Songon Power Project in Côte d’Ivoire it is developing with local independent power producer Starenergie 2073.
Despite the low growth environment in South Africa, private equity houses in the country continue to see investment opportunities and deliver lucrative returns for investors, AGF has learned.
Futuregrowth Asset Management, a specialist investment company in South Africa, is planning to invest around R200m ($12.57m) in in sustainable aquaculture projects via its Futuregrowth Development Equity Fund.
The performance of South African private equity continues to highlight the benefits of including this asset class into a diversified institutional portfolio, according to the latest RisCura-SAVCA South African Private Equity Performance Report.
Malaik, an impact focused equity crowdinvesting platform, has launched a call for applications to African entrepreneurs with impact focused businesses.
The Tunisian Consignment and Deposit Fund (Caisse des Dépôts et Consignations, CDC) and Bpifrance, a French public investment bank, are set to launch a €20m French-Tunisian private equity fund on February 5 in Tunis.
West Africa continues to lead in share of private equity (PE) investments by region with a 25% share of deals between 2010 and 2015, a new report from the African Private Equity and Venture Capital Association (AVCA) has revealed.
Amaya Capital and Azura Power Holdings have reached financial close for the 450MW Azura-Edo Independent Power Project (IPP) in Edo State, Nigeria.
Medu Capital, a South African private equity firm, is planning to close two investments via its third fund, according to Siyabonga Nhlumayo, Principal, responsible for investment execution and management.
Prudential Financial, a financial services company with more than $1trn of assets under management, and LeapFrog Investments have launched a $350m investment partnership to access high-growth markets in Africa.
The assumptions that are used in incorporating alternative investments into enterprise risk analysis can have important consequences for the perceived risk within investors’ portfolios, according to a white paper from BNY Mellon.