Here are summaries of the five most widely read stories this week on Africa Private Equity News.
1. Adenia Partners makes its first investment in South Africa
Adenia Partners, a private equity firm investing in Africa, has acquired a majority stake in Herholdt’s, a distributor of low-voltage electrical products and solar products in South Africa. The financial terms of the transaction were not disclosed.
Established in 1964, Herholdt’s operat...