Cape Town-based unit of Investec closed purchase of Idwala Industrial Holdings from Old Mutual Private Equity, Ethos, Kagiso Tiso Holdings in December for undisclosed price, Old Mutual PE head [...]
Logistics and supply chain management specialist Imperial Logistics has acquired a 55% stake in transport company Interstate Bus Lines. “We have been seeking to expand the group’s presence in the [...]
QG Africa Hotel, a Mauritius-based investment fund managed by Quantum Global Investment Africa Management, bought Movenpick Ambassador Hotel in Ghana from Kingdom Holding Co. for $100 million, QG [...]
Angola’s Unitel has increased its stake in Portuguese bank Banco BPI’s Angolan operation Banco Fomento Angola (BFA) to a majority holding, the telecoms firm said. Unitel, the largest [...]
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