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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.

NEF finances R41.9 million leveraged buyout of CDC

EMPOWERMENT agency the National Empowerment Fund (NEF) today announced the conclusion of a R41.9 million investment deal to finance a 100% buyout of Colliery Dust Control (CDC). The transaction involves… Read more »

Citadel fundraising close to final fund closure

Citadel Capital aims to hold a second close on its debut institutional fund in the second quarter of this year, firm chairman and chief executive Ahmed Heikal said. The firm… Read more »

Emerging Africa Infrastructure Fund appoints new Chairman

The Emerging Africa Infrastructure Fund, the debt provider to private sector infrastructure projects established by the Private Infrastructure Development Group (PIDG) has announced the appointment of Tony Lea as its… Read more »

Lehman Brothers ‘sells private equity funds’

LEHMAN Brothers Holdings had reached an agreement in principle to sell its merchant banking business, made up of two private equity funds, to the management of the funds, a source… Read more »