Congo’s New Rules Could Force Banks to Sell Stakes of Up to 45%
A directive from the Democratic Republic of Congo’s central bank has lenders in the country concerned they may
2023-11-24 15:58
New Plastics ‘Offsets’ Point to Next Frontier in Controversial Green Claims
Some of the world’s biggest consumer companies are boasting a new environmental claim: net zero plastics, or “plastic
2023-11-13 14:53
Everstone Plans to Raise $1 Billion for Its Largest Asia PE Fund
Everstone Capital Asia Pte is seeking $1 billion for its latest private equity fund for India and Southeast
2023-11-10 10:21
Ant-Backed Rural Lender Chongho Weighs $500 Million Hong Kong IPO
Chongho Bridge Credit Agricultural Group Co., a Chinese rural bank that offers microcredit and micro-insurance to small businesses,
2023-10-27 11:51
Carlyle Founders, Billionaire Dangote Back New African PE Fund
A team spun out of Carlyle Group Inc. said they’ve got backing from the founders of the US
2023-10-04 14:48
Temasek-Backed Singapore VC Snags $541 Million Despite Tech Woes
Vertex Ventures Southeast Asia and India closed its fifth and biggest fund at $541 million to back startups
2023-09-12 09:18
Ex-GIC Managers Raise $567 Million for Asia Private Equity Deals
A Singapore-based private equity firm started by two former investors from sovereign wealth fund GIC Pte has raised
2023-08-15 07:27
Egypt Currency Squeeze Sinks Bank Foreign Buffers to New Low
Net foreign assets held by Egypt’s commercial banks went into a record deficit in June, as a lack
2023-08-02 16:49
Top Egypt Bank Gets $250 Million in Loans With Eye on Green Work
Commercial International Bank SAE, Egypt’s largest private bank, secured $250 million in loans from the World Bank’s International
2023-07-09 16:25
African Infrastructure Fund Targets $500 Million in First Close
Africa50, a Morocco-based investment platform, seeks to raise $500 million in the first close of its Infrastructure Acceleration
2023-07-04 03:19
Billionaire Forrest ‘Can’t Wait Forever’ for $80 Billion Congo Hydro Deal
Australian mining billionaire Andrew Forrest warned he “can’t wait forever” to seal a deal with the Democratic Republic
2023-06-16 17:49