Tag: Abraaj Group

Investec Asset Management is bullish on African retail, here’s why

Investec Asset Management completed its first private equity investment in Egypt as it bought a controlling stake in the supermarket chain Spinneys. IAM acquired the stake from the Abraaj Group, since its liquidation and financial ruin. Peter Baird, Managing Principal for Africa Private Equity at Investec Asset Management joins CNBC Africa for more.

Abraaj Group set to acquire Kenyan coffee chain Java House

Abraaj Group set to acquire Kenyan coffee chain Java House

Abraaj Group says plans to buy Kenyan coffee chain Java House

Emerging markets-focused private equity firm Abraaj Group said on Monday it planned to fully acquire leading Kenyan coffee chain Java House from its present owners for an undisclosed amount. Java House founder Kevin...
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