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KfW and NMI Invest in Goodwell West Africa to Support growth of microfinance in Ghana and Nigeria
Goodwell West Africa announced today that it has received commitments from KfW, Euro 8 million (R75 mil) and the NMI Frontier Fund, Euro 1.6 million (R15 mil). This private equity… Read more
Evolution One Fund reaches Final Closing at R700 million
South Africa’s first, specialised, private equity clean technology fund, Evolution One Fund (“Evolution One”), has reached its Final Closing milestone having raised ZAR700 million ($US94 million) in capital from local… Read more
Life Healthcare Cuts Biggest Planned IPO by 30%
Life Healthcare Group Holdings Ltd., a South African hospital owner whose initial public offering would have been the continent’s biggest in at least a decade, cut the size of its… Read more
OK Zimbabwe posts higher sales as economy recovers
Zimbabwe’s second-largest supermarket chain OK Zimbabwe (OKZ.ZI) said it posted $187.5 million in sales in the year to March, buoyed by a recovering economy after last year’s formation of a… Read more
MTN offered $7.8bn for Orascom jewel
EGYPTIAN cellphone group Orascom revealed yesterday for the first time the price MTN was prepared to pay for its lucrative Algerian unit, Djezzy, even as it confirmed talks with the… Read more
