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DPI sells CAL Bank stake to Arise

February 12, 2017

Fresh from its official launch last week, Arise has acquired Africa-focused private equity firm Development Partners International‘s 27.7% stake in publicly-listed CAL Bank. Terms of the deal, [more...]

STANLIB backs Ugandan mall in $50mln deal

February 12, 2017

Asset Manager STANLIB is partnering with Chestnut Uganda to finance the development of the Arena Mall, a new retail and shopping center located in Kampala’s Nsambya suburb which is scheduled to [more...]

AFC backs Alufer in $205mln club deal

February 5, 2017

Africa Finance Corporation is part of a consortium of investors looking to back Alufer Mining in a deal valued at $205 million. Other members of the consortium include Orion Mine Finance and Resource [more...]

Cytonn takes 25% stake in Superior Homes

February 5, 2017

Cytonn Investments, the Nairobi-headquartered investment firm, is taking a 25% stake in real estate developer Superior Homes in a deal worth a reported KShs 1 billion or $9.5 million. The deal allows [more...]
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