News Ticker

April 2016

WAEMGF invests €5mln in Surfline

April 17, 2016

PCM Capital Partners, managers of the $50 million West Africa Emerging Growth Fund or WAEMGF, have announced a €5 million equity investment in Surfline Communications, a provider of 4G LTE data and [more...]

Clemente takes over as head of PROPARCO

April 17, 2016

Grégory Clemente has taken the helm at PROPARCO following his appointment as the development finance institution’s new CEO. He took up his new responsibilities on April 1st, having succeeded [more...]

African Rainbow Capital makes it official

April 17, 2016

Last week saw the official launch of African Rainbow Capital, the new financial services venture set up by Patrice Motsepe which will focus on financial services and private equity investments. The [more...]

MEST looks to raise $50mln for startups

April 17, 2016

Meltwater Entrepreneurial School of Technology or MEST, a pioneer of the startup hub model in Africa, is planning to raise a $50 million venture fund to back both MEST-trained and non-MEST trained [more...]

Edcon defers $110mln coupon payment

April 17, 2016

South African retailer Edcon, which Bain Capital took private in a 2007 leveraged buyout deal, has received its lenders’ support to defer a $110 million coupon payment until December in a bid to [more...]

Merger Control in Africa – an update

April 17, 2016

At the American Bar Association’s annual conference held in Washington, DC, a panel of private and public sector experts discussed the current state of play in merger control on the continent and [more...]

Implementing Power Africa is slow going

April 17, 2016

As President Obama prepares to step down, his Power Africa initiative is still having trouble getting going. So says this report in The Africa Report, which looks at progress so far and some of the [more...]

Innovation and entrepreneurialism in Africa

April 17, 2016

Impressions of the venture startup scene on Africa from US Media and Internet Entrepreneur Chris Schroeder following his trip to Kenya for global incubator 1776’s third annual Challenge Cup in [more...]
1 2 3 4 5