MEMBER NEWS || Shirley Somuah Named as Partner at CardinalStone Capital Advisers
Somuah to lead expansion into Ghana for CardinalStone Capital Advisers 4th April 2022, Lagos, Nigeria. African private equity fund manager,
MEMBER NEWS || Verod Capital invests in Medplus, Nigeria’s leading pharmaceutical retail chain, to Support its Growth
LAGOS, NIGERIA – 30 March 2022: Verod Capital Management Limited (“Verod Capital”), a leading West African private equity firm is
AVCA 2022 Conference
The Annual AVCA Conference brings together world-class investors, policymakers and business leaders for interactive sessions, solutions-driven dialogue and dynamic networking. The African private
MEMBER NEWS || African Capital Alliance Completes Significant Equity Investment in WIOCC to drive Long-Term Growth
Mauritius: 24, November 2021 – African Capital Alliance (ACA), a leading pan-African alternative investment firm focused on managing investments across
MEMBER NEWS || Verod Capital Announces the Appointment of its new Head of Investor Relations & Communications
LAGOS, NIGERIA – 22 NOVEMBER 2021: Verod Capital Management Limited (“Verod”) is pleased to announce the appointment of Ori Rewane as
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
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.