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Who's doing what in the African M&A; space?
Who's doing what in the African M&A; space? DealMakers AFRICA
Oikocredit , a Dutch headquartered social impact investor, has made a "2 million investment into Anatrans, a cashew processor in Burkina Faso. Anatrans sources nuts from the local community and supplies fair trade, organic and conventional cashews to international markets.
Terragon a business management consultant in Lagos, Nigeria has acquired Bizense, a Singapore-based mobile technology firm in an undisclosed value cash plus stock deal. Bizense has expertise in mobile advertising and targeting technologies with operations in key Asian markets including India, Singapore and Indonesia. The deal will see Terragon control its intellectual property assets globally, enabling it to further adapt and integrate its marketing technology software for financial services institutions and consumer brands across Africa.
Hipo Resources , the ASX-listed mineral exploration and exploitation company with activities in Australia, the US and Uganda, has signed a joint venture agreement to earn a 60% stake in the Kamola lithium project in the Democratic Republic of Congo. Hipo will sole-fund $5 million in exploration and project development expenditure within a three year period to maintain the stake.
Premier African Minerals , a multi-commodity mining and natural resources development company focused on Southern Africa, has announced its intention to restructure its Zimbabwe minerals projects and purchase exploration and mining assets owned by KME Holdings. Following this the company plans to demerge its Zimbabwe minerals project and seek a separate listing for them and the KME assets on a London-based market.
Mubadala Pertoleum , a leading international oil and gas company headquartered in Abu Dhabi, has announced it is to purchase a 20% participating interest from Eni in the Nour North Sinai Offshore Area concession, an offshore exploration block in Egypt. This is the second investment in Egypt in the last six months.
Actis and Westmont Hospitality Group via a joint venture have acquired the 231-room Four Points by Sheraton in Victoria Island, Lagos Nigeria. The hotel was acquired from Starwood Hotels& Resorts which is a subsidiary of Marriott International. The intention is to use the joint venture to acquire hospitality assets across sub-Saharan Africa.
Catalyst Principal Partners , a Kenyan-based East African focused private equity firm, has raised $155 million in its second round of funding. The firm aims to invest between $7,5 million and $22,5 million in emerging mid-market players within Eastern Africa.
La Sablonniere to be renamed ENL will list on the Official Market of the Stock Exchange of Mauritius following the merger of ENL Commercial, ENL Land and ENL Finance. The shares are expected to trade from January 23, 2019. 5,000 ordinary shares will be made available for trading at an indicative price of MU40 rand per share.
DealMakers is SA's M &A publication.
www.dealmakers.co.za
Follow @DealMakers
...back to DealMakers
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By INCE|Connect NewsWho's doing what in the African M&A; space? DealMakers AFRICA
Oikocredit , a Dutch headquartered social impact investor, has made a "2 million investment into Anatrans, a cashew processor in Burkina Faso. Anatrans sources nuts from the local community and supplies fair trade, organic and conventional cashews to international markets.
Terragon a business management consultant in Lagos, Nigeria has acquired Bizense, a Singapore-based mobile technology firm in an undisclosed value cash plus stock deal. Bizense has expertise in mobile advertising and targeting technologies with operations in key Asian markets including India, Singapore and Indonesia. The deal will see Terragon control its intellectual property assets globally, enabling it to further adapt and integrate its marketing technology software for financial services institutions and consumer brands across Africa.
Hipo Resources , the ASX-listed mineral exploration and exploitation company with activities in Australia, the US and Uganda, has signed a joint venture agreement to earn a 60% stake in the Kamola lithium project in the Democratic Republic of Congo. Hipo will sole-fund $5 million in exploration and project development expenditure within a three year period to maintain the stake.
Premier African Minerals , a multi-commodity mining and natural resources development company focused on Southern Africa, has announced its intention to restructure its Zimbabwe minerals projects and purchase exploration and mining assets owned by KME Holdings. Following this the company plans to demerge its Zimbabwe minerals project and seek a separate listing for them and the KME assets on a London-based market.
Mubadala Pertoleum , a leading international oil and gas company headquartered in Abu Dhabi, has announced it is to purchase a 20% participating interest from Eni in the Nour North Sinai Offshore Area concession, an offshore exploration block in Egypt. This is the second investment in Egypt in the last six months.
Actis and Westmont Hospitality Group via a joint venture have acquired the 231-room Four Points by Sheraton in Victoria Island, Lagos Nigeria. The hotel was acquired from Starwood Hotels& Resorts which is a subsidiary of Marriott International. The intention is to use the joint venture to acquire hospitality assets across sub-Saharan Africa.
Catalyst Principal Partners , a Kenyan-based East African focused private equity firm, has raised $155 million in its second round of funding. The firm aims to invest between $7,5 million and $22,5 million in emerging mid-market players within Eastern Africa.
La Sablonniere to be renamed ENL will list on the Official Market of the Stock Exchange of Mauritius following the merger of ENL Commercial, ENL Land and ENL Finance. The shares are expected to trade from January 23, 2019. 5,000 ordinary shares will be made available for trading at an indicative price of MU40 rand per share.
DealMakers is SA's M &A publication.
www.dealmakers.co.za
Follow @DealMakers
...back to DealMakers