Here are summaries of the five most widely read stories this week on Africa Private Equity News.
1. Amethis acquires a minority stake in Kenyan retailer Naivas
Private equity firm Amethis – alongside its partners DEG, MCB Equity Fund and IFC – has acquired a minority equity stake in Naivas Group.
Naivas is the leading retailer in Kenya with 60 stores throughout the country.
Jean-Sebastien Bergasse, partner at Amethis, sa...