RMI Investment Managers and Royal Investment Managers (RIM) will acquire a combined stake of up to 30% in Ethos Private Equity, AGF has learned.
NBK Capital Partners has successfully closed its second mezzanine fund, NBK Capital Partners Mezzanine Fund II, with $160m in capital commitments, driven by strong demand from institutional investors and family offices.
The Abraaj Group and the International Federation of Red Cross and Red Crescent Societies (IFRC), have signed a Memorandum of Understanding to provide education, primary care interventions and more complex treatment for NCDs, communicable diseases and mother/child healthcare.
The South African Minister of Economic Development has published official government notices confirming changes to the merger notifiability thresholds and the merger filing fees payable to the South African Competition Commission for large and intermediate merger notifications.
Walk into any conference involving emerging or frontier markets, and the subject of impact is on everyone’s mind. While some organizations have engaged in this type investing for decades, impact investing as a formal discipline developed only over the past 10-15 years. The concept itself is simple: investing into companies, organizations, and funds with the intention to generate financial returns as well as measurable social or environmental impact.
In an industry-changing move, the amended Pension Fund Act regulations which came into effect on September 1, 2017, bring about welcomed reforms. But, implementation could pose challenges for trustee boards that are already grappling with limited governance bandwidth.
Actis has strengthened presence in Francophone Africa with real estate developments in in Cameroon and Ivory Coast.
Capitalworks, a South African private equity firm, has launched Africa Capitalworks, an investment company that will deploy permanent equity capital in mid-market companies in selected sectors across sub-Saharan Africa, excluding South Africa.
The International Finance Corporation (IFC), the investment arm of the World Bank, has announced its intention to acquire a significant stake in Britam Holdings.
Teranga Capital, an impact investment company dedicated to financing and supporting small and medium-sized entreprises in Senegal, has invested CFA185m ($336.7k) in Cogelec Energy, a provider of power services.