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Addax & Oryx in exclusive talks with Emerging Capital Partners

Written on February 21st, 2012

Swiss-based energy group Addax & Oryx Group said on Monday it had entered exclusive negotiations with U.S. private equity firm Emerging Capital Partners (ECP) for the possible sale of its African downstream operations. The assets are valued at between $250 million to $500 million.

In 2009, China's Sinopec Group bought the upstream African assets of Addax Petroleum in a $7.2 billion deal, but the trading and downstream assets were not part of the deal.

 

Abraaj Capital Announces Acquisition of Aureos Capital

Written on February 20th, 2012

Abraaj Capital, a leading private equity manager investing in the rapidly growing economies of the Middle East, Turkey, Asia and Africa, today announced the acquisition of Aureos Capital (“Aur .. Read Article »

AVCA Conference 2012 Newsletter

Written on February 10th, 2012

 The latest AVCA  newsletter highlighting why you should attend the conference, and recent developments at AVCA.  Click on the newsletter to view the conference website and book your pl .. Read Article »

AVCA in EDFI Newsletter

Written on February 10th, 2012

9th Annual Conference of the African Venture Capital Association (AVCA) in Accra, Ghana Founded in 2002, AVCA is a nonprofit organization founded to promote, develop and stimulate private equity and .. Read Article »

Sub Saharan Africa Mezzanine Fund - Request for Proposal

Written on February 3rd, 2012

DEG ­ Deutsche Investitions- und Entwicklungsgesellschaft mbh and CDC group plc, would like to invite interested parties to submit a proposal to manage a mezzanine fund in Sub Saharan Africa. The .. Read Article »

End of Year Message from AVCA

Written on December 23rd, 2011

    Dear AVCA Members and Friends,   2011 has been a year of tremendous political and economic change particularly across the African continent.  Whilst Europe is undergoing an eco .. Read Article »

Call for Proposals: Fund Manager for Early Stage, Kenya Focused Climate Technology Investment Fund

Written on November 23rd, 2011

Published: 17 November 2011 | Close Date: 19 December 2011 Background infoDev (www.infodev.org), a Global Partnership Program hosted by the World Bank, with support from DANIDA and UKAid is launching .. Read Article »

AVCA and Cambridge Associates Collaborate to Develop African Private Equity and Venture Capital Performance Data

Written on October 24th, 2011

OCTOBER 20, 2011 (Boston, MA and Nairobi, Kenya) – The African Venture Capital Association (AVCA) and Cambridge Associates have agreed to a strategic collaboration to provide extensive, indepe .. Read Article »

AVCA Announces the appointment of a new CEO and two new directors

Written on September 20th, 2011

Nairobi, Kenya (20th September 2011) --The Board of Directors of the African Venture Capital Association (AVCA) proudly announce the appointment of Michelle Kathryn Essomé as CEO of AVCA. Priv .. Read Article »

Deep Drilling Company Closes USD 8 Million Financing from AFIG Fund Atlantic Coast Regional Fund

Written on September 8th, 2011

Nouakchott and Dakar (September 7, 2011) -- Deep Drilling Company ("DDC"), the holding company of Drill Corp Sahara S.A. ("DCS"), a Mauritania-based drilling services contractor fo .. Read Article »

 
 
 
 
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