EFG Hermes, a financial services corporation in frontier emerging markets, has concluded its advisory to Cairo for Investment & Real Estate Development (CIRA) on its EGP 1.244bn initial public offering (IPO) on the Egyptian Exchange.
CIRA is the largest integrated provider of educational services in the Egyptian private sector, owning and operating 19 schools with over 24 thousand enrolled students as of 2018.
JTC, a provider of fund, corporate and private wealth services to institutional and private clients, has agreed to acquire Minerva from Dome Management.
EFG Hermes, a financial services corporation in frontier and emerging markets, has agreed to acquire 100% of Primera Africa, a brokerage house in Nigeria.
EFG Hermes, a financial services corporation in frontier and emerging markets has concluded its advisory to international microfinance lender ASA International (ASAI) on its £125m initial public offering on the London Stock Exchange (LSE).
SGG Group, a global investor services firm, has acquired Augentius, a global provider of alternative investment solutions to the Private Equity and Real Estate communities.
Manokore Attorneys, a Zimbabwean full-service business law firm with strengths in mergers and acquisitions, energy and infrastructure projects and other commercial transactions, has joined DLA Piper Africa as the member firm in Zimbabwe.
Standard Bank Group has acted as exclusive financial adviser to M-BIRR, a mobile technology company in Ethiopia and the leading mobile money service in the country.
Ocorian, a global financial services firm, has agreed to acquire ABAX Holding Limited (ABAX), an integrated advisory, corporate and business services provider based in Mauritius.
The Orabank Group, present in 12 countries and in four monetary zones in West and Central Africa, has opened a regional and international trading room in Lomé, Togo.
In a market previously dominated by players operating from Europe and the US, Oragroup now offers its clients a competitive and up-to-date offer in Africa, to intervene on the foreign exchange market in the monetary areas where its subsidiaries are established.