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Why UAE's Nuwa Capital is reluctant to invest in these tech sectors

TMT

01 May, 2024

Why UAE's Nuwa Capital is reluctant to invest in these tech sectors

Nuwa Capital, a UAE-based venture capital firm, which is currently deploying its maiden $100-million fund in early-stage......

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Bharti Airtel's Africa unit set to bag a big cheque from offshore investor

TMT

01 May, 2024

Bharti Airtel's Africa unit set to bag a big cheque from offshore investor

Airtel Africa Plc, which is listed on the London Stock Exchange and is a subsidiary of India’s Bharti Airtel, is ......

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European IT giant Asseco Group set to log out of Nigeria unit

TMT

30 April, 2024

European IT giant Asseco Group set to log out of Nigeria unit

Asseco Group, the Poland-headquartered software giant with a presence in over 50 countries, plans to exit the Nigerian ......

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Global asset manager Barings opens office in Dubai

General

30 April, 2024

Global asset manager Barings opens office in Dubai

Barings, a global investment management firm that manages assets worth $406 billion, opened an office in Dubai to help ......

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Adenia expands LP base beyond legacy regions for oversubscribed fifth fund

Finance

24 April, 2024

Adenia expands LP base beyond legacy regions for oversubscribed fifth fund

Adenia Partners, a Mauritius-based private equity firm that focuses on mid-sized businesses across Africa, ......

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ADQ, Oman Investment Authority float VC fund to make bets in buzzing MENA startup market

TMT

23 April, 2024

ADQ, Oman Investment Authority float VC fund to make bets in buzzing MENA startup market

Gulf sovereign wealth investors – Abu Dhabi’s ADQ and Oman Investment Authority – have jointly floated a tech-......

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Dutch impact investor Bix Capital taps returning LP for Africa, Southeast Asia fund

Finance

23 April, 2024

Dutch impact investor Bix Capital taps returning LP for Africa, Southeast Asia fund

Bix Capital, a Dutch impact investment firm that offers debt financing to small and medium enterprises mainly in sub-......

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Saudi multi-asset investor Artal Capital hits first close of PE fund

Finance

23 April, 2024

Saudi multi-asset investor Artal Capital hits first close of PE fund

Artal Capital, a Riyadh-based multi-asset investment firm, has marked the first close of its mid-market-focused private ......

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In Charts: Saudi Venture Capital doubles down on commitments in 2023

Finance

22 April, 2024

In Charts: Saudi Venture Capital doubles down on commitments in 2023

Riyadh’s state-owned institution Saudi Venture Capital (SVC), which manages assets worth $2.2 billion, almost doubled ......

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Sanad gets LP top-up for MENA-focused MSME debt fund

Finance

18 April, 2024

Sanad gets LP top-up for MENA-focused MSME debt fund

The Sanad Fund for MSME, an impact investment fund that provides loans and equity financing to local financial ......

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