Business

Africa emerging as an attractive investment destination, says AVCA survey

computer 767776 640Around 82 per cent of African Limited Partners (LPs) plan to increase or maintain their African PE allocation over the next three years, with the risk-return profile and performance viewed by most LPs as the two main factors driving their strategy, according to African Private Equity and Venture Capital Association’s (AVCA) Industry Survey for 2019

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Nigerian Aella raises US$10mn from HQ Financial Group

Aella co foundersNigerian fintech start-up Aella has raised a US$10mn debt financing round from HQ Financial Group (HQF), Singapore-based private company specialising in new material science, semiconductor and blockchain financial investments

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Africa Capitalworks Management invests in Gaselia Industries Group

gaseliaAfrica Capitalworks Management (ACW), sub-Saharan Africa-focused private equity investment company, has acquired a minority equity shareholding in Gaselia Industries Group (Gaselia), one of the largest homegrown beverages groups in West Africa

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AfDB president Akinwumi Adesina opens trading on London Stock Exchange

Adesina London stck exchangeDon Robert, chairman of London Stock Exchange Group, welcomed the president of the African Development Bank (AfDB) to open markets for trading at London Stock Exchange on 22 January

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Rwanda: Building a sustainable future for the next generation

15461073328 e0d2f6cb34 oTwenty five years on from Rwanda’s genocide President HE Paul Kagame shared how his country has transformed into an international leader of IT and centre of excellence at the Future Sustainability Summit in Abu Dhabi

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