Virgin Group News

M-KOPA call center. Credit: m-kopa.com

Generation Investment Management leads $19M fund raising round in M-KOPA Solar

M-KOPA Solar, the world’s leading pay-as-you-go energy provider to off-grid homes, has announced the closing of a US$19 million financing round led by Generation Investment Management LLP.

South Africa's Brait to pay $1B for control of Richard Branson co-owned Virgin Active, in biggest M&A deal from Africa so far this year.

South Africa's Brait to pay $1B for control of Richard Branson co-owned Virgin Active, in biggest M&A deal from Africa so far this year

South African investment house Brait SE (BATJ.J) is to pay 682 million pounds ($1 billion) for a controlling stake in gym group Virgin Active, Brait said on Thursday, seeking to tap the growing health-conscious middle classes particularly in Africa and Asia.

Virgin Active has 114 sites in South Africa and 101 sites in the UK

Gym chain Virgin Active picks Johannesburg Stock Exchange over London bourse for £1.5B IPO

Gym chain Virgin Active is looking for investment bankers to run the likely £1.5B flotation of its shares on the Johannesburg Stock Exchange over the coming months.

Air Nigeria plane

Nigeria's AMCON to sell Air Nigeria assets

The Asset Management Corporation of Nigeria (AMCON) has announced that it will sell three Boeing and Embraer planes, along with other assets, belonging to Air Nigeria.