Business News

Phatisa Targets $300m for Food Fund II and IFC mulls $75m Oil & Gas Deal

20/3/2017/Proshare Africa Capital Digest If it was a big number you were looking for in Africa’s private equity world last week, Phatisa gave it to us. The private equity investor that terms itself a development equity fund manager launched the raise for Phatisa Food Fund 2, a successor fund to […]

Proshare Nigeria Launches IOS Version of Mobile App

March 20, 2017/Proshare Proshare Nigeria, known for its credibility, reliability and timeliness is delighted to announce that the Proshare Mobile App is now live on IOS compliant mobile devices. This development is coming as a prompt response to feedbacks received from you our esteemed readers and subscribers following the launch […]

Egypt’s CIB completes $40 mln sale of investment banking unit

March 20, 2017/Reuters Egypt’s largest listed bank CIB said on Monday it had finalised the sale of a near 75 percent stake in its investment banking arm to a consortium of local and foreign investors in a deal worth 710.2 million Egyptian pounds ($39.5 million). Commercial International Bank (CIB) signed […]