News
Press release | 15 January 30, 2023
Phatisa invests into Leading East & West African Packaging & Printing Company
Sub-Saharan private equity investor, Phatisa, has acquired a significant minority stake in MHL International Holdings Limited(“MHL”), a subsidiary of The Manipal Group – the India-based conglomerate with interests in the printing and technology sectors – for an undisclosed sum. The […]
Press release | 15 December 21, 2022
EAVCA Signs Partnership Agreement with UK-Kenya Tech Hub
Nairobi, Wednesday 21st December 2022. The East Africa Venture Capital Association (EAVCA) has entered a partnership with the UK- Kenya Tech Hub to catalyse Kenyan based angel networks and make available local capital for Kenyan start-ups. Under the partnership, EAVCA […]
Newspaper article | 15 November 4, 2022
Tanzania’s Investment Framework Has Dramatically Improved, Investors and Advisors Say
The East African Venture Capital Association (EAVCA) held its 3rd Private Capital in Tanzania conference on 3rd November 2022 in Dar es Salaam. The conference came at a time of investors’ renewed interest in Tanzania and was focused on showcasing […]
Press release | 15 October 3, 2022
Ascent Rift Valley Fund Ltd successfully exits Medpharm Holdings Africa
Addis Ababa, 3rd October 2022 – Ascent Rift Valley Fund Ltd (“ARVF” or the “Fund”) is pleased to announce its successful exit of Medpharm Holdings Africa (“Medpharm” or the “Company”), the leading provider of medical diagnostic laboratory services in Ethiopia, […]
Press release | 15 September 8, 2022
Ascent announces final close of Ascent Rift Valley Fund II
PORT LOUIS, MAURITIUS, September 8, 2022—Private-equity fund manager Ascent today announced the final close of its Ascent Rift Valley Fund II (ARVF II) at more than USD 128 million, exceeding its initial target of USD 120 million. The first close […]
Alert | 15 August 22, 2022
Ethiopia Issues New Investment Incentives Regulation
A new Investment Incentive Regulation Number 517/2022 was approved by Ethiopia’s Council of Ministers on 21 May 2022 and published on the Negarit Gazette on 12 July 2022. The new investment incentives regulation aims to expand the coverage of investment […]
Press release | 15 July 15, 2022
Africa Private Equity News launches messaging platform – Connect
Africa Private Equity News, a leading industry information service, has launched a revamped version of its mobile app available via the Apple App and Google Play stores. The update includes the Connect in-app, direct massaging platform, enabling users to access […]