Browsing: Deals

DealMakers Africa Awards
  • East Africa’s notable company mergers and acquisitions have been recognised at this year’s DealMakers AFRICA Awards
  • DealMakers AFRICA tasked advisory firms to nominate and submit notable mergers and acquisitions for two categories, namely East Africa’s deal of the year and East Africa’s private equity deal of the year
  • DealMakers AFRICA ultimately picked KCB Group’s acquisition of Trust Merchant Bank (TMB) as the region’s deal of the year
  • DealMakers AFRICA named Naivas’ stake exit the region’s Private Equity Deal of the Year

East Africa’s notable company mergers and acquisitions have been recognised at this year’s DealMakers AFRICA Awards gala held in Nairobi, following a two-year break of a physical event due to COVID-19 restrictions.

The awards ceremony, held at Villa Rosa Kempinski, also recognised advisory firms that were involved in the execution of the mergers and acquisitions and general corporate finance. The firms were contracted either as financial advisers, legal advisers …

Norrsken Foundation co-founders Natalie Kolbe, Ngetha Waithaka and Lexi Novitske. www.theexchange.africa

Norrsken22 plans on capitalizing on its general partners’ years of experience and investment philosophies to back startups in fintech, MedTech, Edtech, and market-enabling solutions such as B2B marketplaces and inventory management businesses.

Kolbe, whose previous firm Actis backed Egyptian fintech giant Fawry in 2019 as it prepared to go public, said Norrsken would look at Egypt ‘opportunistically.’ 

Deals from the country that may be of interest to the firm will be those planning an expansion into the four markets Norrsken22 is currently keen on, including Nigeria, Ghana, Kenya and South Africa.…