Wednesday 23 July 2014

Sub-Saharan Africa

New Africa SME Fund Mkoba Launches in Tanzania

CEO and partner Frannie Léautier chose Tanzania to incorporate her new Africa private equity fund, Mkoba Private Equity – reportedly the first PE fund in the country. The fund’s website is still under construction...

Actis Establish Credit Services Holding, Acquire CompuScan

With the establishment of Credit Services Holdings (CSH), emerging markets investor Actis, have also announced the acquisition of CompuScan, the largest independent credit reference bureau in sub Saharan Africa. CompuScan offer credit data, decision analytics services and training and...

Carlyle Close First Africa Fund 40% Above Target

Carlyle closed their first sub Saharan Africa fund at USD698m, 40% above their initial USD500m target. They had launched the fund in early 2012. Speaking to the FT, MD and co-head of Carlyle’s sub Saharan Africa team Marlon Chigwende said that half of the funding came from first-time...

ADC and Atlas Mara Team up for Joint Bank Holding

When we first read about Atlas Mara’s investments plans, we thought ‘That looks a bit like ADC’s Africa bank holding plans. And here they are, merging into one: African Development Corporation (ADC) announced that their management and board have approved a ‘business combination...

2013 Private Equity Confidence Survey: Seeking Clarity and Opportunities

As in the previous years, the survey has three parts: A review of the 2013 data, based on Africa Assets’ database Text boxes looking into some industry trends and developments, and The actual confidence survey, managed by the Deloitte Nairobi office, which aggregates industry...

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