Dilasha Seth

Dec 8, 2024 | htsyndication.com | Dilasha Seth

New Delhi, Dec. 9 -- Seedstars Africa Ventures, an early-stage venture capital firm focused on high-growth companies in Sub Saharan Africa, marked the final close of its $80 million target inaugural fund, achieving the half-way mark. The VC firm with offices in Nairobi, Dakar, and Paris that backs high-growth companies across Sub-Saharan Africa, has raised $42 million for the first close of its Seedstars Africa Ventures I, to back 'highly scalable startups' in the continent.

Nov 26, 2024 | htsyndication.com | Dilasha Seth

New Delhi, Nov. 27 -- Bluepeak Private Capital, an Africa-focused alternative asset management firm that backs mid-market companies has struck the eighth bet from its inaugural fund, investing in a disposable hygiene products maker. The Tunis-headquartered investor, which also has offices in Nairobi and London, has committed $15 million to Sancella, a manufacturer, importer, and distributor of a range of disposable hygiene products across North Africa and Francophone West Africa.

Jul 2, 2024 | htsyndication.com | Dilasha Seth

New Delhi, July 3 -- Inside Capital Partners, a Mauritius-based private equity firm that backs growth-stage small and medium enterprises across Southern and Eastern Africa, has marked the first close of its investment vehicle. The PE firm, which operates from offices in Mauritius, Zambia, and Madagascar, secured $55 million in commitments for the first close of its $100 million target Inside Equity Fund II (IEF II).

May 8, 2024 | htsyndication.com | Dilasha Seth

New Delhi, May 9 -- Ascent Capital, an East Africa-focused private equity firm that invests in small and medium-sized enterprises (SMEs), has struck the fourth deal from its second investment vehicle. The Port Louis-headquartered PE firm acquired a minority stake in a Kenyan paper packaging manufacturing company from its $128-million Ascent Rift Valley Fund II (ARVF II).

May 2, 2024 | htsyndication.com | Dilasha Seth

New Delhi, May 3 -- Canadian alternative investment firm Brookfield Asset Management will acquire a controlling stake in UAE-based Gulf Islamic Investments' logistics real estate platform as it expands presence in the Middle East. The acquisition of the GII's portfolio, comprising 1.5 million square feet of warehouses in the UAE, including the warehouse for leading e-commerce player Noon, would mark Brookfield's foray into the logistics sector in the region.