Aureos Raises U.S. $381 Million For New African Fund

Private equity fund manager Aureos has closed to new investors a fund investing in small and medium-sized businesses in Africa at a total of $381.1 million, the company said on Monday.
The fund aims to make initial investments of up to $10 million in businesses that have potential to expand across Africa within two to three [...]

Citadel Capital Named Top African Private Equity Firm—Again

Citadel Capital, the leading private equity firm in the Middle East and North Africa with US$ 8.3 billion in investments under control, was named African Banker’s Best Private Equity Fund of the Year at a gala dinner held on October 6, 2009, at the Four Seasons Hotel in Istanbul, Turkey. A total of 14 awards were presented during the ceremony.

Signs of life seen in Africa private equity funds

The six-month upturn in global markets has re-ignited interest in one of the final frontiers of emerging markets — private equity investment in Africa — and underlines a substantial bounceback in investors’ risk appetite.

Private Equity fund ups Sandbox stake

International private equity company Aureos Capital has paid R66 million to increase its stake in Sandbox.
The deal will see Aureos Capital increase its existing 10% stake to 39% and Sandbox management gaining 20% in the technology service provider. The transaction was funded through the $254 million Aureos Africa Fund and the $50 million Aureos Southern [...]

Beltone and Kenana establish a new agriculture company to invest in Egypt and Sudan

Kenana Sugar Company have signed a partnership agreement to create a strong, resourceful company with the aim of deploying up to US$ 1 billion in large-scale agriculture projects across Egypt and Sudan.

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