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Amethis healthcare platform Novamed has completed the acquisition of Polyclinique Internationale de Ouagadougou (PCIO) in Burkina Faso, one of the largest private hospitals in the country. This [...]

First Bank of Nigeria Limited yesterday announced the acquisition of the remaining shares in FBNBank DRC Limited (FBNBank DRC), making the bank First Bank’s wholly owned subsidiary. First Bank [...]

Feronia Inc. is pleased to announce that it has entered into a subscription agreement for the private placement of US$17.5 million of common shares in the capital of the Company with Straight KKM [...]

Africinvest III, a special purpose vehicle managed by Africinvest Capital Partners Management, signs agreement to acquire 360.9m shares at 15.85 shillings apiece, Britam Holdings says in a [...]

First Atlantic Bank has announced it has finalized an agreement with Advanced Finance & Investment Group (AFIG Funds), for an investment in the Bank. The Fund’s investment is subject to [...]

Hedge fund acquires 49.95% stake each from Erik Hersman and Josiah Mugambi, 0.05% stake each from Juliana Rotich and David Kobia, Nairobi-based newspaper reports, citing Hersman. * BSP acquires [...]

Moroccan lender sold stake in Attijari Bank Tunisie to an Ivory Coast institutional investor which it declined to name, Chief Executive Officer Mohamed El Kettani tells reporters in Casablanca. * [...]

Ethos Private Equity Ltd. said a group made up of Rand Merchant Investment Holdings Ltd. and Royal Investment Managers is buying as much as 30 percent of the Johannesburg-based buyout firm. Part [...]

Teranga Capital is making the second deal for its $58 million fund and backing COGELEC Energy, a provider of services to the power industry. The impact investment fund is investing approximately [...]

International Finance Corp. completed transaction on Sept. 13 and now owns 224.2m shares, Britam Holdings says in newspaper statement. * NOTE: March 28, IFC May Boost Stake in Britam by as Much [...]

Asset manager Capitalworks Group launches Africa Capitalworks to “deploy permanent equity capital in mid-market companies in strategically selected sectors across Sub-Saharan Africa,” excluding [...]

Apis Growth Fund I, a private equity fund managed by Apis, has agreed to invest in Bankers Warehouse, a provider of cash management solutions in Nigeria. The transaction is subject to certain [...]

Actis, a leading growth markets investor, and Genesis Group (Genesis) have signed an agreement to bring the first premier cinema to Doula. The five screened cinema will add to the leisure and [...]

Company concludes agreement to acquire 100% of Genop Holdings and its units for a confidential purchase price, payable in cash. * Genop is an instrument, surgical and pharmaceutical products [...]