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Nedbank Capital and Medu Capital conclude a management buy-out of SARCO
Based in Gauteng, SARCO is Africa’s only producer of steel rolls and sleeves to major steel producing companies world-wide. The company has the benefit of in depth knowledge of the local market and enjoys a relatively lower cost production. SARCO has established itself as a reliable quality supplier to first-tier steel global producers.
Absa Capital boosts Investments Team
In line with their objective to attract the best talent available in investment banking, Absa Capital today announced three appointments to further boost their Investor Services and Equity Investments team…. Read more
The African Alliance Africa Pioneer Master Fund invests in Ivorian crop protection
The African Alliance Africa Pioneer Master Fund, AAAPMF, has invested in support of the MBO of Syngenta’s crop protection business in Côte d’Ivoire. AAAPMF is an open-ended investment fund quoted on the Irish Stock Exchange managed by African Alliance, a South African-based investment banking group. It makes listed and unlisted investments in Africa outside of South Africa.
Aureos Capital raises new private equity fund
MAURITIUS-domiciled Aureos Capital, a private equity fund manager, says its new fund, which raised $253,5m last month, seeks to tap “superior risk-adjusted returns” in Africa. Aureos Capital said SA was… Read more
Absa Capital Private Equity Head Appointed to SAVCA Board
ANDRE Pieterse, Managing Principal, Absa Capital Private Equity, has been appointed to the board of the South African Venture Capital Association (SAVCA). The decision was taken at the association’s annual… Read more
