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Kenyan private equity house Fanisi Capital said on Thursday it had invested $2.1 million in a mid-sized local food distribution and processing firm that sells pizzas, berries and fresh juice. [...]

Investment Corporation of Dubai has acquired a stake in Cape Town’s luxury five-star waterfront resort, One & Only, along with two other luxury hotels in prime U.S. locations. A sovereign [...]

Stake sold to Asian Prosperous Holding of Hong Kong, Lux Island Resorts says in statement e-mailed by Stock Exchange of Mauritius. * SAS Les Villas du Récif owns, operates hotel Le Recif on [...]

Glanbia to sell 50% stake in Nutricima, joint venture based in Nigeria, for GBP21m cash to PZ Cussons, which is partner in operation, co. says in statement. * Nutricima generated pre-tax profit [...]

All issued shrs of Central Glass Industries will be sold to South African co., Nairobi-based East African Breweries says in statement in Daily Nation newspaper. * Transaction subject to approval [...]

Existing and prospective users of OLX Nigeria, one of the leading free classifieds ad sites, now have access to a bigger and more diversified platform, following the company’s acquisition [...]

The public tranche of Egyptian foodmaker Edita’s (EFID) secondary share issue on the Cairo bourse was 4.5 times oversubscribed, the company said in a statement on the stock exchange on [...]

Abraaj Group has raised about US$1.3 billion for two funds investing in Africa to tap into the continent’s economic growth, a person familiar with the deal said. One fund focusing on Sub-Saharan [...]