By InvestAdvocate Lagos (INVESTADVOCATE)-One of Africa’s leading private equity firms, the Advanced Finance & Investment Group LLC (AFIG Funds) on Wednesday announced the promotion of Stéphane Le Bouder to managing director (MD). “Le Bouder, who joined AFIG Funds in 2013, brings a wide-ranging experience to the managing director role,” the […]
Tag: Private Equity
Actis buys South Africa payment and card firm for $95 million
 Private equity firm Actis has agreed to buy the payments and ATM business of South Africa’s Transaction Capital (TCPJ.J) for $95 million, targeting the growth of debit cards and electronic payments among millions of low-income shoppers. Actis, a London-based firm focused on emerging markets, will pay 937 million rand […]
