DPI raises one of the largest Africa funds at US$900m to invest in innovation-led companies
Development Partners International (DPI), a premier investment firm focused on Africa, today announced that African Development Partners III Fund (ADP
MEMBER NEWS || Development Partners International (“DPI”) and African Capital Alliance (“ACA”) become partners in Food Concepts as DPI sells 31% stake to ACA
Development Partners International (DPI) and African Capital Alliance (ACA) today announced an investment partnership in Africa’s leading multi brand QSR
MEMBER NEWS || KfW Development Bank and Sahel Capital Launch $24 Million Social Enterprise Fund for Agriculture in Africa (SEFAA)
Sahel Capital is pleased to announce the launch of the Social Enterprise Fund for Agriculture in Africa (SEFAA). Sahel will
AVCA Regional Summit ’21
Despite the global economic slowdown in 2020, the volume of deal activity across private equity (PE) and venture capital (VC)
2021 Deloitte Africa Private Equity Survey
The 2021 Deloitte Africa Private Equity Confidence Survey (PECS)is centred around valuable insights into how fellow private equity (PE) practitioners
AVCA 2021 Conference (20 – 23 April)
The Annual AVCA Conference returns virtually, bringing together renowned investors, policymakers and business leaders for interactive sessions, solutions-driven dialogue and dynamic networking.
This year, AVCA is celebrating 20 years of pioneering industry research, advocacy and
MEMBER NEWS || CardinalStone Capital Advisers Announces Final Close Of Maiden Private Equity Fund, And First Fund Investments
CardinalStone Capital Advisers (CCA), a Lagos based private equity fund manager, has announced the final close of its maiden private equity fund, the CardinalStone Capital Advisers Growth Fund LP (CCAGF or the Fund) at US$64 million. The Fund which recorded its first close in December 2018 and final close in September 2020, was established to support the growth and institutionalization of small and medium sized enterprises (SMEs) operating in two of West Africa’s leading economies—Nigeria and Ghana.
MEMBER NEWS || Verod Capital Announces The Merger Between Tangerine Life Insurance Limited And ARM Life Plc
Verod Capital Management Limited (“Verod Capital” or “Verod”) today announced the completion of the merger between Tangerine Life Insurance Limited, a Verod Capital partner company and ARM Life Plc.
The merger creates the 4th largest player in the life insurance sector. Following the 100% acquisition of Tangerine Life in 2019, Verod further capitalized the business with a view towards pursuing inorganic growth, into the retail segment, and making essential investments in technology. Both of which is viewed as instrumental to the future of the business.
PEVCA Partners With FSD Africa On Its Africa Private Equity And Private Debt Program
FSD Africa today announces the signing of co-operation agreements with AVCA, EAVCA, SAVCA and PEVCA to coincide with the launch of the Africa Private Equity and Private Debt Programme. The programme is a new initiative to support the development of private capital markets in Africa as a complement to public capital markets. It will work to improve the long-term financing options available for businesses across key sectors in Africa’s economy, including healthcare, climate and agriculture.
Economic Review of Nigeria
Economies across the globe continue to fight to remain resilient in a post COVID environment while some remain in distress.
In this session we discussed the Nigerian economy against the backdrop of global and emerging market indicators, persistent constraints to her growth and what needs to change about Nigeria’s current economic