Bain Capital News

Shoppers walk past an Edgars store at a shopping center in Soweto, southwest of Johannesburg. Credit: Reuters/Siphiwe Sibeko

Bain in $1.5 billion South African Edcon debt for equity deal

Private equity firm Bain Capital has agreed a debt for equity swap deal valued at $1.5 billion for Edcon, the chief executive of the South African clothes retailer said last Tuesday.

Mitchell Elegbe, Founder & CEO, Interswitch

Helios said to be working with Citigroup to sell Nigeria's Interswitch

Helios Investment Partners, an Africa-focused private equity firm, is preparing to sell Nigerian payments-processing group Interswitch Ltd. in a deal that could value the company at more than $1 billion, people with knowledge of the matter said.

Udayan Goyal, Founder and Managing Partner at Anthemis Group

Apis Partners launches private equity growth fund to invest in financial technology in Africa and Asia

Strong appetite for investments in financial technology has prompted the launch of a private equity firm dedicated to the sector in emerging markets.