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Actis exits in $3.4bn African telco sale

The emerging markets private equity investor will sell its 9.3% stake in Celtel as part of the trade sale to Kuwaiti mobile communications company MTC.

Actis, AIG Africa invest in Nigerian telecoms

The two emerging markets fund investors have paid $43m for a majority stake in a Nigerian fixed wireless operator.

Actis backs African bank

The emerging markets specialist has taken an 80 percent stake in Banque Commerciale du Rwanda in a transaction valued at $6m.

Accel’s Breyer to head NVCA

The US trade organisation for venture capital firms has selected a chairman for the coming year – James Breyer of Silicon Valley venture firm Accel Partners.

CDC in €545m Algerian venture

CDC Capital Partners, the UK-based emerging markets investor, has completed a $26m mezzanine investment in Orascom Telecom Algeria as part of a €545m funding package for the business.

Moyo becomes CDC head of Africa

Risk capital provider CDC Capital Partners has appointed Zimbabwe’s former industry minister Nkosana Moyo as its new head of Africa.

4D closes debut energy fund on $81m

The firm has received backing from 15 institutions at the final close of its oil & gas focused fund, including a E25m commitment from Société Générale Asset Management.

CDC invests in African power plants

UK government-owned private equity investor CDC Group has acquired two power assets from AES in a $329m transaction.
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