Verod Capital Management News

Danladi Verheijen, CEO, Verod Capital. Credit: Africonomie/WebTV Nigeria

Nigeria's Verod Capital aims for 30% returns (Audio)

Verod Capital recently closed its second private equity fund Verod Capital Growth Fund II at $115 million, exceeding its target of $100 million.

Nigerian can maker GZ Industries takes on Nampak with $71M South African factory

Nigerian can maker GZ Industries takes on Nampak with $71M South African factory

GZ Industries Ltd. of Nigeria plans to expand into South Africa with the construction of a 1 billion rand ($71 million) factory, becoming the second beverage-can maker after Nampak Ltd. to have operations in the country.

Afriflora, a rose farm in Ethiopia, attracted a $200M investment from private equity powerhouse KKR last year.

From milk to roses, private equity investments in Africa on the rise

From milk churning in Zimbabwe to rose growing in Ethiopia, private equity investments in Africa have returned to pre-crisis levels and should keep rising as funds seek bumper returns in far-flung markets.

Verod Capital Management

Private equity firm Verod Capital completes management buyout of Union Trustees Limited

Verod Capital has along with the management team of Union Trustees Limited acquired Union Trustees Limited.

Verod Capital Management

Private equity firm Verod Capital buys stake in Niyya Food and Drinks

Verod Capital has bought a stake in Nigeria-based consumer food production company Niyya Food and Drinks, for an undisclosed amount.

Nkiru Balonwu, CEO, Spinlet

An interview with Spinlet's CEO, Nkiru Balonwu, and Head of Business Development, Oye Akindeinde (Video)

Spinlet is a mobile music download platform founded in 2006 with offices in Lagos, Nigeria; Cape Town, South Africa; and San Francisco, United States.