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Abraaj LPs vote to give Actis the right to manage defunct firm’s sub-Saharan Africa, Asia funds
M&A WATCH- Limited partners in Abraaj funds have reportedly voted in favor of giving Actis the right to manage the…
EFG-managed Vortex divests stake in pan-European wind farm portfolio
INVESTMENT WATCH- EFG-managed Vortex Energy completes divestment from pan-European wind farm portfolio: Vortex Energy, an EU-based renewables company managed by…
US-based PE outfits TPG, Carlyle Group eyeing investments in Egypt
US-based private equity outfits TPG and Carlyle Group are looking at investments in Egypt amid the void left by the…
Women-led companies are boxed out of private equity and venture capital investments
Women-led companies in EM are boxed out of the market for private equity and venture capital investment: Nine times out…
EFG Hermes’ Egypt Education Fund is oversubscribed at first close
EFG Hermes’ Egypt Education Fund is oversubscribed at first close: EFG Hermes’ private equity arm has hit first close on…
Pharos to launch Egypt microfinance company
Pharos to launch a microfinance venture in 1Q2019: Our friends at Pharos Holding will expand into microfinance in 1Q2019, co-CEO…
Tourism Ministry considering three mechanisms in establishing private equity fund to upgrade hotels
The Tourism Ministry is considering three scenarios for the upgrade of Egypt’s hotels and resorts through its planned private equity…
Tourism Ministry to launch PE fund, introduce legislation to overhaul Egypt tourism sector
Tourism Ministry to launch private equity fund, introduce legislation to overhaul sector: The government is looking into establishing a private…
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