Sunday 26 May 2013

Sub-Saharan Africa

PAHF Announce First Close of USD41.5m

The Phatisa-managed Pan African Housing Fund (PAHF) has announced its first close of USD41.5m. The fund aims to raise a total of USD100m, with fundraising to be completed in 2013. The African Development Bank (AfDB...

Private Equity in East Africa: State of Play 2011/2012

Some in-house news today: Together with the Nairobi Deloitte office, we have launched the 2012 East Africa Private Equity Confidence Survey. This is the second edition of the survey initiated by Deloitte a year ago, and it has been beefed up quite a bit: The current edition is based...

Actis Closes Africa Real Estate Fund 2 at USD278m

Emerging markets PE firm, Actis has closed its second Africa real estate fund at USD278m. Actis says this makes them the largest private equity real estate investor on the continent ‑ and we can’t think of anyone from the PE world who has raised or invested more. Real estate investing...

The Demise of E+Co

It looks to be just about all over for green energy impact investors E+Co. Impact IQ reports that millions of dollars in bad loans have driven the firm nearly out of business. The article is worth reading in full (including the comments) for all the gory details from a saga that has...

PE Brings US Law Firms to Africa

Everyone is interested in Africa business these days, and large US law firms are now also coming to the table, even though very few have yet established offices on the ground: American Lawyer have look at the recent entries of US law firms to the continent, much of it driven by...

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