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Actis-backed MédiS buys Sanofi’s WPS

April 23, 2017

MédiS, a generic pharmaceuticals business with operations in Tunisia and Algeria, has agreed to acquire Winthrop Pharma Senegal from Sanofi in an undisclosed deal. Actis acquired what was described [more...]

Quantum launches power development platform

April 17, 2017

Quantum Global, a Swiss-headquartered private equity investment firm focused on Africa, is launching a new power development platform on behalf of QG Africa Mezzanine, its $250 million investment [more...]

Actis exits remaining stake in Edita Foods

April 17, 2017

Actis has sold its remaining stake in Edita Foods to a large group of investors from the USA, UK, Germany, South Africa and the United Arab Emirates. The sale of the 7.5% stake was executed via an [more...]

Imara de-lists from Botswana Stock Exchange

April 17, 2017

In the latest in a series of recent moves, asset management and advisory firm Imara Holdings was de-listed from the Venture Capital Board of the Botswana Stock Exchange at the end of March. The news [more...]

Atlas Mara looks for a bounce

April 9, 2017

Macroeconomic factors and adverse currency shifts have pummeled Atlas Mara’s profits in the last year, but through a combination of cost savings and a focus on fintech opportunities, the Financial [more...]

AMCON sells Keystone Bank for $81.5mln

March 26, 2017

Nigeria’s Central Bank and the country’s Securities and Exchange Commission have given their blessing to the sale of Keystone Bank to a consortium of local investors for a reported $81 million. [more...]
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