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Africa

Oil Refinery

ONGC Videsh Looks at Energy Assets in US; Oil India Nearing Acquisition for Africa Asset

ONGC Videsh looked at another energy asset in US while Oil India neared acquisition for an African oil and gas asset.

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Warburg Pincus

Warburg Pincus to invest in African oil exploration company

Warburg Pincus is set to form an investment fund for Delonex Energy and its plans for oil exploration in Africa.

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Petrobras

Grupo BTG Buys Petrobras African Interests

Grupo BTG purchases Petrobras oil interests in Africa.

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Africa Energy

East African bloc struggles to attract foreign investments

East African bloc struggled to draw investment from foreign units.

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Petrobras

Petrobras sells African interests to Banco BTG

Petrobras is selling off half of its African operations of Petroleo Brasiliero SA.

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JPMorgan Chase & Co.

JPMorgan: Africa Has Solid Strength in Sovereign Wealth Funds

JPMorgan Asset Management Inc. said that Africa is experiencing a strong growth over its sovereign wealth funds worldwide.

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Africa private equity deals grow to $1.2 bln in 2012-report

Private equity funds completed $1.16 billion worth of deals in sub-Saharan Africa in 2012

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Africa's stunning growth doesn't come cheap

There is a lot of hype and excitement around Africa as the next hot spot for global investors but what they are quickly learning is that acquisitions do not come cheap.

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image

Africa to be next boomtown for private equity

Africa is the next big thing, just ask Bob Geldof and other private equity bankers. The Irish rocker made headlines in February when he announced the launch of his $200 million "8 Mile" fund, a sign the Live Aid organizer had turned from promoting debt forgiveness to private enterprise.

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