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Amethis Finance are keeping busy, and have gone back to the financial sector with their latest, and very interesting, investment: The fund manager announced the acquisition of a 17% stake in [...]

Bob Geldof’s African private equity fund said on Tuesday it has acquired a 42 percent stake in Orient Bank, a medium-sized Ugandan commercial bank to tap into a growing economy and a [...]

AXA announced today that it has entered into an agreement to acquire a 7.15% stake in African Reinsurance Corporation (“Africa Re”), the leading reinsurance company in Africa. Under [...]

Sanlam Emerging Markets buys 51% stake in life insurer Nico Vida Mozambique for undisclosed sum, Business Report says, without saying where it got the information. * NOTE: Sanlam Buys Stake in [...]

In their first deal, Nairobi-based Ascent Capital will invest USD2.5m from their Ascent Rift Valley Fund (ARVF), in Medpharm Holdings Africa, a holding firm for medical diagnostic laboratories [...]

Frontier Services Group, Limited (“FSG”, Stock Code:0500HK), a public company listed on the Hong Kong Exchange that delivers complete logistics solutions in frontier markets and with a particular [...]

Le groupe français Evolution, spécialisé dans la génétique bovine vient d’acquérir la compagnie sud-africaine Taurus, l’un des leaders d’Afrique sur ce segment. Commentant l’opération, les [...]

South Africa-based insurance group Metropolitan & Momentum International (MMI Holdings) acquired a 75 per cent stake in Cannon Assurance, converting it into a subsidiary that will be [...]

JSE-listed logistics group OneLogix has signed a R110-million deal to acquire four specialised logistics companies, known as Jackson and Buffelshoek, from Jackson Group and shareholder Jacques du [...]

French-based manufacturer of electrical products Schneider Electric has acquired a Kenyan firm, Power Technics, for an undisclosed amount. Power Technics has been operating under a licence from [...]

South African food group, AH-Vest, has acquired a tomato-processing factory from food retailer, Tiger Brands, for an undisclosed sum, it emerged on Monday. The factory is situated in [...]

One Thousand & One Voices™ (1K1V), a private family capital fund focused on Sub-Saharan Africa, today announced an investment by its One Thousand & One Voices Africa Fund I, L.P. in the [...]

M-Kopa Solar closes 4th funding round with debt, equity deal led by LGT Venture Philanthropy, Nairobi-based supplier of residential solar systems in Kenya, Uganda, Tanzania, says in e-mailed [...]