Abraaj has announced broad changes to the firm’s governance and operating model and the appointment of a new leadership team. Core to the re-organization will be the separation of AIML and Abraaj Holdings (AHI), which will be independently managed.
Grit, the largest and only pan-African focused real estate income group, is exploring a potential premium listing on the Main Market of the London Stock Exchange (LSE).
Adventis, a specialist investment company focusing on the African continent, has launched two investment vehicles - the Africa Enhanced Income Fund and the Africa Equity Fund. Adventis has agreed to purchase Africa Merchant Capital’s investment management business, which manages the Africa Merchant Sub-Sahara Fund.
Goodwell Investments has acquired a minority equity stake in Oradian, one of the world’s fastest growing providers of digital solutions for financial institutions in frontier markets.
Investec Asset Management, through its Africa Private Equity capability, has recently concluded a further equity investment in Mobisol, following the initial investment made in late 2016.