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Verdant Capital hires Raj Domun as Fund Manager for the Verdant Capital Hybrid Fund

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Verdant Capital has hired Raj Domun as Fund Manager for the Verdant Capital Hybrid Fund (the “Fund”), a USD 80 million Fund to invest in hybrid capital for Inclusive Financial Institutions in Africa.  Raj joins Verdant Capital from a leading regional private equity investor, Kibo Capital Partners (“Kibo”). Raj had joined Kibo in 2007 as one of the main principals following a long and successful career in the telecoms sector in Mauritius & South Africa with Mauritius Telecom. Raj will be relocating to Johannesburg to lead the team which will compromise existing experienced team members and new hires. Raj, along... View Article

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Verdant Capital joins IMAP

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Verdant Capital has joined IMAP, the leading global M&A partnership, becoming the second partner firm in Africa. The IMAP partnership was established in the early 1970s and has over 500 M&A professionals spanning five continents. IMAP was ranked 8th in the global mid-market M&A league table in 2017 (source: Thomson Reuters). The partnership offers clients buy and sell-side M&A advisory on a global basis as well as related debt advisory and corporate finance services. www.imap.com. Becoming a partner of IMAP provides Verdant Capital’s M&A business with a global reach which is perhaps unparalleled in the middle-market in Africa. Going forward, all... View Article

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Verdant Capital has won the prestigious award Best Capital Raise in Africa, 2016

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Elsewhere in the financial services sector, Verdant Capital has won the prestigious award Best Capital Raise in Africa, 2016 from Acquisition International for its ZAR 450 million capital raise for Trustco Group.  The award is in recognition for the complexity of the transaction combining senior and subordinated tranches, as well as its size versus market benchmarks, as one of the largest transactions in the Namibian history.  Separately, Verdant Capital has also been shortlisted for the African Banker award for Financial Inclusion, 2017

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Verdant Capital opens office in Kinshasa

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Verdant Capital, head-quartered in Johannesburg, is opening its fourth office, in Kinshasa, Democratic Republic of Congo. DR Congo is the seventh largest economy in Sub Sahara Africa and has a population of over 77 million. Imran Patel, has joined Verdant Capital as a Vice president, to open to the firm’s office in the country.  Imran Patel, based in Kinsasha, has 15-years experience in investment management and business strategy.  Following many years working for a leading North American hedge fund, Imran returned to DR Congo, the country in which he was raised.  In addition to financial services, Imran has extensive experience in sectors... View Article

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Verdant Capital awarded Africa M&A Deal of the Year by Acquisition International

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Verdant Capital has been awarded the prestigious Africa M&A deal of the year (2016) by Acquisition International, for its USD 51 million sale of Greenbelt Fertilisers to Yara International. The transaction, which is one of the largest transactions in the fertiliser sector in Africa in recent times, completed in May 2016 following COMESA competition authority approval. The transaction is part of a broader global trend whereby the largest upstream producers are buying up regional fertiliser blending and marketing businesses. Over the last five years there have been 30 such transactions globally (about a quarter of which in Africa) for a... View Article

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Verdant Capital awarded the accolade of Best Corporate Finance Firm in South Africa

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Verdant Capital has completed four cross-boarder transactions in 2015. In recognition of the strength of its cross border franchise, Verdant Capital was awarded the accolade of Best Corporate Finance Firm in South Africa, 2015 by Acquisition International. Following its transaction in agri-chemicals in South Africa last quarter, the sale of Greenbelt Fertilisers is Verdant Capital’s second transaction in the agri / fertilisers sector this year alone. Over the last two years Verdant Capital is perhaps the most active firm in Africa in this sector.

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Verdant Capital opens Ghana Office

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Verdant Capital has opened an office in Accra, Ghana, and now has a total of three offices (Johannesburg, Ebene, Accra). The Accra office will be led by Kwabena Appenteng, Vice President. Kwabena has extensive corporate, entrepreneurial and corporate finance experience in Ghana and beyond, including as Senior Private Sector Officer at US AID. Save Save

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