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.
Africa
Airtel says to roll out 3G in Rwanda in next quarter
India's Bharti Airtel (BRTI.BO) said on Sunday it would roll out 3G services in Rwanda in the next quarter and reiterated plans to invest $100 million in the central African country.
Vodacom says will fight on to keep Congo unit
South Africa's Vodacom said it will fight a court ruling that it must pay $21 million in consultancy fees or submit to the mandatory sale of its shares in its joint venture in the Democratic Republic of Congo.
Middle East investors slowly wake up to Africa
Flush with cash from oil and stuck with few options for growth in developed markets, Middle East investors are increasingly looking to nearby Africa.
Global Environment Fund Recruits Gloria Mamba to Africa Team
Gloria Mamba has joined the firm as a Managing Director based in the firm’s Johannesburg, South Africa office.
