Evolution One Fund exits four renewable energy assets

Inspired Evolution, a South African clean energy and resource efficiency specialised fund manager, has exited a number of its renewable …

MMI Holdings Enters Uganda’s Insurance Market

South Africa-based insurance company, Metropolitan & Momentum International (MMI Holdings Limited) has entered the Ugandan insurance market with its subsidiary …

Mediclinic to Buy Majority Stake in Life Path Health

Acquisition subject to fulfilment of suspensive conditions, including approval by competition authorities, Mediclinic says in e-mailed statement. * NOTE: Life …

Guinness Nigeria set to launch $127 mln rights issue

Guinness Nigeria said on Monday it was seeking shareholder approval for a share issue to raise 40 billion naira ($127 …

Off-grid solar company d.light raises 10.5mln in equity and grants

Solar lighting and power products company d.light has raised $10.5 million in equity and grants from Norfund, Beyond the Grid …

Green light for South Africa’s Highveld Honey acquisition by Real Foods

Competition authorities in South Africa have approved the acquisition of national honey producer Highveld Honey by South African multi-brand food …

Alexander Forbes Investors Approve Sale of 10% to Motsepe’s ARC

Shareholders approved the sale of 10% of Alexander Forbes to billionaire Patrice Motsepe’s African Rainbow Capital for 753 million rand …

Kenyan supermarket chain Nakumatt agrees stake sale to fund for $75m

Privately-owned Nakumatt, Kenya’s biggest supermarket chain by sales, has agreed to sell a 25 percent stake to a foreign fund …

Carlyle buys into Global Credit Ratings

Global Credit Ratings has the biggest share of credit ratings in Africa Private equity group Carlyle has acquired about half …

Econet Wireless to Raise $130m Through Rights Issue, Debentures

Co. to raise funds through offer of 1.08b shares plus 263m Class A shares at subscription price of 5 US …







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Jeune Afrique, 20 September 2010