Mediterrania delivers African exit at c$1bn market cap... while Generalist GP attracts SWF to Africa fund....
In this week's Private Equity Africa news, Mediterrania delivers an African exit at c$1 billion market capitalization, while a German investor has sealed a deal to buy an African asset manager. Meanwhile, a fund manager has hired a former Proparco executive, while a generalist GP has attracted a European SWF to Africa's fund. In the venture capital space, TLcom has sailed its latest fund to close, beating its target by just under 10%......
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