Runa Alam News

Frank Adu, CEO, CAL Bank

Arise BV acquires 28% stake in Ghana's CAL Bank as DPI successfully exits

CAL Bank has announced that its second largest shareholder, private equity firm DPI, has successfully sold its 27.7 percent stake in CAL Bank to Arise BV of the Netherlands.

Adiba Ighodaro, Partner, Investor Development, Actis. Credit: privcap.com

US pension funds embrace private equity in Africa

That Missouri’s 111,000 retired state workers receive some of their pensions thanks to Africa consumers may seem unlikely.

Private equity firm Development Partners International closes 2nd Africa fund at $725M, 45% above target

Private equity firm Development Partners International closes 2nd Africa fund at $725M, 45% above target

Development Partners International, the private equity house, has closed its second Africa fund at $725m, 45 per cent above target, reflecting growing investor appetite to tap the continent’s expanding consumer class.

Runa Alam, CEO, Development Partners International (DPI)

Africa's opportunities far outweigh its risks: Runa Alam, Co-Founder & CEO, Development Partners International (DPI)

Runa Alam is something of a private equity pioneer. Alam co-founded Development Partners International, which she calls the first pan-African private equity firm, in 2007.

Adiba Ighodaro, Partner, Actis

African Women to Watch: Private Equity (Video)

Private equity (PE) deals in Africa totalled $4B in 2013, almost quadruple the 2012 deal total, according to research from Preqin and Private Equity Africa.

Runa Alam, CEO, Development Partners International

African investors discover routes to riches beyond commodities

Legend never had it that there would be diapers, foam mattresses, tampons and bottled water at the end of the rainbow.