Home Africa

Africa

AP Moller fund’s debut deal derailed by lack of power-supply agreement

The guarantee was crucial for the $375m valuation the Danish manager and the UK’s CDC were offering for Zambia’s Copperbelt Energy Corporation.

The ‘China risk’ in African infrastructure investment

Chinese investments could help fund Africa’s much needed infrastructure, but high leverage will make African projects more exposed to any political risks from the country, Moody’s says.

Dry powder and ‘perpetual’ funds can drive investors to emerging markets

Global Infrastructure Hub’s Chris Heathcote tells us emerging-market risk is ‘overblown’, as report finds $2trn investment need for 10 African countries.

Actis eyes $700m-plus first close on debut infra fund – exclusive

The firm – which had previously raised four energy funds targeting greenfield and development project – hopes to reach a final close on the $2bn vehicle by year end.

AP Moller targets summer close for $1bn Africa fund

The Danish firm is $135m shy of its target, having held a second close for its maiden vehicle on $865m last month.

Helios Towers scraps £2bn IPO

The Africa-based telecoms company said it drew ‘considerable institutional investor interest’, despite the cancellation.

Helios Towers Africa lines up IPO amid strong growth

The London listing is set to value the company – which estimates 78% of its sites are ready for more leases – at around £2bn, including debt.

Denham power fund targets 1GW with African platform

The private equity firm has teamed up with energy developer Themis to invest in natural gas-fired and renewable power generation assets across the continent.

South African renewables fund eyes 600MW after first deployment

Evolution II’s maiden deal comes ahead of an expected $250m final close September this year.

Danish pension-backed $1bn Africa fund set for maiden deal

The AP Moller Capital vehicle has teamed up with UK DFI CDC to place an offer worth $380m for Zambian utility Copperbelt Energy.

Copyright PEI Media

Not for publication, email or dissemination