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Bull rally or bear rally?
After chaotic 1H 2022, tech earnings drive US stocks’ best performance in years: US stocks saw their best month since…
Infinity will become Africa’s largest renewables player through Lekela acquisition
Infinity + AFC just sealed Africa’s largest-ever renewables acquisition: Our friends at renewables player Infinity Group and Africa Finance Corporation…
THIS EVENING: Lekela Power could invest up to USD 1 bn in Egypt in next four years + Fresh sanctions, civilian evacuations dominate Russia-Ukraine news
Happy almost-THURSDAY, wonderful people. We have a relatively quiet news cycle here at home, coupled with the mandatory developments on…
Old Mutual makes a bid for Lekela as Actis plots exit
Pan-African financial services outfit Old Mutual is bidding for Actis’ 60% stake in Lekela Power through its African Infrastructure Investment…
The private sector really likes higher education
Actis-backed Honoris makes an entry into Egypt with Merit University acquisition: Pan-African private sector higher education operator Honoris United Universities…
2021 in review: Private sector involvement in Egypt’s education system soared
2021 in review Part 1 — The year private sector education truly emerged: In many ways, 2021 was the private…
Egypt to soon ink contracts for KSA-linked power network
Egypt is close to signing contracts for a 2 GW electricity transmission network that will link Egypt’s electricity grid to…
Actis to double energy investments in Egypt, Africa in 5 years
Emerging markets private equity giant Actis aims to double its energy investments in Egypt and other African countries to USD…
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