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Abraaj acquires stake in La Flèche Bleue Algérienne, a co. specializing in transportation and logistics services, Dubai-based Abraaj says in e-mailed statement. * La Flèche Bleue Algérienne based [...]

William Wu buys stake for undisclosed amount, according to e-mailed statement from Swartland, based in Malmesbury, near Cape Town. * Winery processes 25,000mt of mostly red grapes/yr; supplies [...]

KUKULA Capital has invested K5.8 million in Betternow Finance Company Limited (BFC), a  company which focuses on working capital loans for small and medium entrepreneurs. Kukula Capital, which is [...]

Private equity firm DOB Equity has bought a stake in Joseph Initiative, a Ugandan grain seller, for an undisclosed amount. DOB, with offices in Nairobi and Netherlands, said a non-disclosure [...]

PROFESSIONAL Insurance Corporation Zambia Limited (PICZ) Plc has quoted to list on the Lusaka Stock Exchange (LuSE) to draw more partners’ local and international communities. This entails that [...]

Investment firm Centum is set to invest over Sh100 million to acquire an extra three per cent stake in Almasi Beverages, a transaction that will give it control of the Coca-Cola bottlers holding [...]

Amara Group provides payment processing services for African financial services cos. including Mercantile Bank, Nedbank and Citi Bank. * Wirecard will pay EU29m cash, plus up to ~EU7m earn outs; [...]

Private equity firm DPI has acquired a strategic minority stake HomeChoice International (HomeChoice), a leading omni-channel home shopping retailer in southern Africa, from the the company’s [...]

ADvTECH has acquired Gaborone International School (GIS) in Botswana for BWP 70m (R84m). This is ADvTECH’s first acquisition outside of South Africa and is in line with the Group’s growth [...]