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AfricInvest will acquire an undisclosed minority stake in Nigerian Elephant Group, an agricultural commodities trader. The investment will enable Elephant Group who trade in fertiliser, rice, and [...]

RPM International Inc. (NYSE: RPM) today announced that its Rust-Oleum Group has acquired Spraymate Group, the producer of South Africa’s leading aerosol paint brand. Based outside of [...]

THE African Development Bank (AfDB) has approved a US$3 million line of credit (LoC) facility for Madison Finance (Mfinance) Company Limited through its private sector window. Mfinance is a local [...]

Enko Capital Managers (“ECM”) announced today that Enko Africa Private Equity Fund (“EAPEF”), a pan-African private equity fund managed by ECM, has acquired a minority stake in Madison Financial [...]

JSE-listed Pioneer Foods will obtain the majority shareholding in Food Concepts Pioneer Limited (FCPL), for $7-million, allowing the food company to leverage FCPL’s existing infrastructure and [...]

UK marine services company James Fisher and Sons announced Tuesday that it has acquired, Subtech Group, a South African marine services contractor, in a deal valued at up to $27.6 million. [...]