Tuesday 31 March 2015

Atlas Mara Post USD63m Loss for 2014 as PE Remains Enthusiastic about Financial Services

Private equity’s enthusiasm for financial sector acquisitions has continued in the past few months: Enko made their first investment in Zambian Madison Financial Services, 8 Miles finally got round to a bigger transaction with their co-investment in a...

SAVCA/RisCura: South African Private Equity Ten-Year Returns at 18.5%

SAVCA and RisCura have released their joint Private Equity Performance Report, noting that the returns come in marginally below the JSE’s All-Share Index. From their release: ‘The Private Equity Performance Report confirms that the local asset class...

The African Valuations Data Gap – Does it Matter?

Out of sheer curiosity (and we basically do everything we do in the name of one curiosity or another) we recently attended EAVCA’s training* on valuations in Nairobi. Since we started collecting data on private equity in Africa, many people have come to...

SAVCA-Riscura: Solid Returns for South African Private Equity

The latest RisCura-SAVCA South African Private Equity Performance Report confirms that the private equity asset class in this market continues to deliver a sturdy performance. Data show that, over the ten years to the end of June 2014, private equity...

SAVCA: Private Equity Funding to Bridge Africa’s Infrastructure Deficit

Johannesburg, 1 October 2014. Private equity investors, with their appetite for risk, extended investment horizons and ability to mobilise a variety of other forms of capital to ensure the viability of multi-faceted deals, are ideal partners to help...

Guest Post: Invested Development on Tech Subsidies

Nairobi has grown to be a key hub for emerging-market based technologyinvestors. The relative stability, strong regional GDP growth, comparably modern infrastructure, and a growing technology community make it attractive for many of us. For the same...

DEMO Announce Finalists for Lagos Event

DEMO Africa, one of the larger pitch competitions and now in its third year, have announced the 40 finalists for the upcoming event in Lagos from 22 to 26 September. These 40 were selected from what VC4Africa described as ‘more than 400 serious...

OPIC and MIGA Team up on USD350m Political Risk Insurance for Agribusiness Fund

The US Overseas Private Investment Corporation (OPIC) and the World Bank’s Multilateral Investment Guarantee Agency (MIGA) will co-operate on a USD350m political risk facility for agribusiness investments in sub Saharan Africa. The facility will offer...

Guest Post: What Does Pivot East’s Selection Tell Us About Africa’s Entrepreneurs?

Outsourcing is a useful thing, and Russell Southwood, the brain behind Balancing Act Africa and SmartMonkey TV, is rapidly becoming our favourite man to keep prodding the start-up scene with a (figurative) stick. Read on for his thoughts on the selection...

Guest Post: Imposing a Model?

‘We now have a robust governance model, evolved from our experiences in other emerging markets, that I’m totally confident will protect and enhance our investments in African PE funds’ – so (mildly paraphrased) speaks a US institutional investor...

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