The
weekly roundup of Africa's Private Capital news
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Welcome to the latest weekly wrap of the most interesting Africa-related private equity, infrastructure and venture capital deal stories, market opinion articles and information pieces.
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This week's issue supported by...
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Private Equity
CDC and A.P. Moller's deal for Zambia's CEC is off
The deal by CDC Group and A.P. Moller Capital to acquire Zambia's Copperbelt Energy Corporation has fallen through.
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| CDC and A.P. Moller Capital's $378 million bid for Zambian power company Copperbelt Energy Corporation lapses due to failure to meet all conditions |
Private Equity
XSML backs TMR for 7th Ugandan deal
XSML Capital has announced its seventh investment in Uganda, backing TMR International Hospital in Kampala.
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Private Debt
Globaleq and CDC invest debt in Malindi Solar
In partnership with CDC, its majority stakeholder, independent power producer Globaleq is backing Malindi Solar Group with debt.
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Fund & Fundraising News...
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Private Equity
Abraaj's LPs push for new manager
Developments last week put paid to any thoughts that the future of Abraaj's investment management business seemed largely sealed.
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Private Equity
Amplats and PIC anchor AP Ventures launch
Anglo American Platinum and Public Investment Corporation are anchoring AP Ventures, an independent venture capital fund which will back applications for Platinum Group Metals.
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Projects & Portfolio Companies...
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Private Equity
Bharti Airtel said to be pitching Warburg Pincus
According to India's Economic Times, Bharti Airtel has approached private equity giant Warburg Pincus to raise $1.5 billion by selling up to 15% of its holding company for African operations.
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Strategies & Perspectives...
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Strategies
Expanding China's ties with Africa
As Chinese Premier Xi Jinping prepares to head off on his trip to Africa this week, the South China Morning Post explores the four key areas in which China is expanding its presence on the continent.
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Companies, People & Profiles...
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Companies
New private markets firm Helical Capital launches
Partners Group and South African private equity firm Convergence Partners have teamed up to support the launch of a new private markets firm, Helical Capital Partners.
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Companies
BDO South Africa to merge with Grant Thornton
BDO South Africa announced last week that it is in advanced negotiations to merge with Grant Thornton later this year.
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People
AfricInvest's Odo takes Britam board seat
George Odo, AfricInvest's Managing Director in East Africa, has joined the board of Britam Holdings, the financial services company bac , Matthew McGuire, who resigned from troubled Abraaj Group in May, is joining TPG Growth as a Partner.
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Based in Cairo, Egypt and/or Port Louis, Mauritius
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Based in Harare, Zimbabwe
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Based in London, United Kingdom
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Based in London, United Kingdom
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Based in London, United Kingdom
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Based in Houston, United States
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London, September 19th, 2018
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CAPEX 2018: Championing the African Professional Experience
Nairobi, August 30th, 2018
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Regional Energy Cooperation Summit
Accra, September 26th to September 28th, 2018
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Bonds, Loans and Sukuk East Africa
Nairobi, October 2nd, 2018
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Cape Town, November 5th to November 7th, 2018
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Bonds, Loans and Sukuk Nigeria
Lagos, November 6th, 2018
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Project, ECA & Structured Finance Middle East and Africa
Dubai, November 6th to November 7th, 2018
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Africa Renewable Energy Forum
Marrakech, November 15th to November 16th, 2018
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Gas Options: North & West Africa Summit
Marrakech, November 15th to November 16th, 2018
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International Gas Cooperation Summit
Durban, December 4th to December 5th, 2018
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We hope you found the digest to be a useful summary of the major happenings in Africa's private capital markets last week. We'd love it if you shared it with colleagues and business partners. They can sign up for a free trial, for the moment,
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Best wishes for a productive week - if you have any tips, suggestions, questions or comments, please get in touch.
All the best,
- Allan
Allan Cunningham
Editor & Publisher
AfCD | Africa Capital Digest
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Africa Capital Digest is a product of Rowayton Press
Rowayton, CT 06853, USA
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Copyright © 2016 Rowayton Press, LLC. All Rights Reserved.
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