
Ogedi Onyeama to Speak at the Virtual Launch, Pensions Funds and Private Equity in Nigeria
The African Private Equity and Venture Capital Association (AVCA) and Pension Fund Operators Association of Nigeria (PenOp) will together host the launch of AVCA’s Pension Funds and Private Equity in Nigeria Study. The virtual event is scheduled for December 14th, 2021. Time is 1pm WAT.
This study marks the launch of a wider partnership between AVCA and PenOp,...

African Capital Alliance Completes Significant Equity Investment in WIOCC to drive long-term growth
African Capital Alliance (ACA), a leading pan-African alternative investment firm focused on managing investments across Africa, is pleased to announce its equity investment, via its CAPE IV fund, into WIOCC (West Indian Ocean Cable Company), Africa’s hyperscale infrastructure provider. ACA’s investment forms part of WIOCC’s $200m capital raise. The investment will support...

Ashraf Deenmahomed Speaks at the CISI Wealth Summit
A global network of professionals working in wealth, investment management, and financial services came together for the CISI’s Global Wealth Summit 2021, a three-event series on November 16, 2021. The summit, which was hosted, virtually attracted eminent speakers from this sector, including some of the most well-known thought leaders in the world.
Ashraf Deenmahomed,...

DEG acquires a minority equity stake in Ashwah Holdings Limited, parent company of Daraju Industries Limited
DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH, Germany’s development finance institution and a subsidiary of KfW Group, announced today the acquisition of a minority equity stake in Ashwah Holdings Limited (“Ashwah”), the parent company of Daraju Industries Limited (“Daraju”) – one of Nigeria´s leading manufacturers of FMCG products in the...

Okey Enelamah Speaks at the FT Live 2021 Conference
The Financial Times’ inaugural tech summit: #TechFTlive, themed “Aligning Policy, Strategy and Innovation”, gathered over 2,000 leading business innovators, policymakers, and industry-leading speakers across two days; 30 September – 1 October 2021, sharing deep insights on how technology is transforming business and society.
Okechukwu Enelamah, Chairman, African...

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 group, Food Concepts Plc (Food Concepts). The deal will see the sale of 31% of Food Concepts by DPI, a leading pan-African returns and impact-driven private equity firm with a strong track record of investing across the...
