Middle East & Africa
Iraq / Finance
Norway's Statoil appears to be close to selling its 18.75% stake in the second phase of southern Iraq's West Qurna oil field (known as West Qurna-II).
2012-02-03Finance
India-based mobile handset manufacturer Spice Mobility Group (S Mobility) plans to buy at least one mobile software company in Africa by the end of March 2012, according to the company's...
2012-01-31Zimbabwe / Finance
South African Liquid Telecommunications has acquired Zimbabwe Online (ZOL) for an undisclosed sum. The move comes into effect immediately, creating the largest ISP in Zimbabwe.
2012-01-24Financing Strategies
Iraq
Norway's Statoil appears to be close to selling its 18.75% stake in the second phase of southern Iraq's West Qurna oil field (known as West Qurna-II).
2012-02-03India-based mobile handset manufacturer Spice Mobility Group (S Mobility) plans to buy at least one mobile software company in Africa by the end of March 2012, according to the company's...
2012-01-31Zimbabwe
South African Liquid Telecommunications has acquired Zimbabwe Online (ZOL) for an undisclosed sum. The move comes into effect immediately, creating the largest ISP in Zimbabwe.
2012-01-24Egypt
Following the split of Orascom Telecom into Orascom Telecom Holding SAE (OT) and Orascom Telecom Media and Technology Holding SAE (OTMT), OT's shares resumed trading on the Egyptian...
2012-01-23Rwanda
Rwanda plans to sell incumbent operator Rwandatel by the end of 2011 following the recommendation of a government-appointed administrator and a court ruling in July 2011 ordering the...
2011-07-26Ghana
Private-equity backed explorer Kosmos Energy, the holder of a major stake in Ghana's Jubilee field, announced on January 14 that it will offer up to US$500mn of its shares in an initial...
2011-01-19Iraq
Iraqi Kurdistan-focused Gulf Keystone Petroleum (GKP) is looking to move from London's Alternative Investment Market (AIM) to the London Stock Exchange (LSE)'s main market.
2010-12-30South Africa
As South Africa's IPO market continues to liven up after a fairly barren 2009, one of its largest branded consumer goods companies Clover has announced plans to list on the Johannesburg...
2010-11-23Huawei Technologies , China's leading ICT services and equipment vendor, has bought IT solutions and software services provider International Turnkey Solutions (ITS) for an undisclosed...
2011-09-05Bahrain
In BMI's view, while Bahrain's political environment continues to be defined by uncertainty, with tensions bubbling under the surface, investor sentiment - towards infrastructure projects...
2011-07-29South Africa
The South African operations of US-based mass grocery retailer Wal-Mart Stores is planning to purchase food worth ZAR60bn (US$8.7bn) from the local market as well as provide employment...
2011-07-22Tunisia
Austria's OMV has agreed to buy the Tunisian assets of US-based Pioneer Natural Resources as it seeks to boost output in the often-overlooked North African state, following a string...
2011-01-10The global financial crisis appears to have served as something of a catalyst for the transformation of the private equity (PE) industry in the Middle East. Indeed, after being hit...
2010-09-08Further emphasising growing interest in the Sub-Saharan African consumer play, UK based asset management firm Silk Invest has setup a private equity fund worth EUR100mn targeting...
2010-04-20To say that 2009 was not a good year for private equity (PE) fundraising and investment in the Middle East and North Africa (MENA) is an understatement. In particular, according to...
2010-03-23To say that Sub-Saharan Africa has not weathered well the private equity storm of 2009 is an understatement. According to the 2009 Emerging Market Private Equity Association report,...
2010-03-09Bahrain
Sovereign wealth funds (SWFs) have reached new highs of late. However, just as these state-backed investment vehicles have reached their peak performance levels, the ensuing political...
2011-03-09United Arab Emirates
Sovereign-linked UAE funds are continuing to target foreign assets in a bid to diversify their portfolio and reduce their reliance upon oil. This year Aabar Investments, which is...
2009-11-18Libya
While many Gulf sovereign wealth funds have had their fingers burned by the credit crunch and the global financial crisis, Libya is looking to take advantage of the opportunities...
2009-03-29United Arab Emirates
The government of Abu Dhabi in the United Arab Emirates has sent a letter outlining the investment principles of its sovereign wealth funds (SWFs) to the US Treasury Department, as...
2008-03-19
