MCB Equity Fund, the private equity arm of MCB Group (SEM:MCBG), the largest banking group in Mauritius, is pleased to announce the acquisition of a minority stake in Africa Mobile Networks Ltd (“AMN”) as part of a consortium led by Metier, an independent African private equity manager.

The Listing Executive Committee has approved the admission of 40,000,000 ordinary shares of Happy World Property on the Development & Enterprise Market (DEM) of the Stock Exchange of Mauritius Ltd (SEM).

Present in Kenya since 2014, the leading insurance company in Mauritius reaches another important milestone in its expansion strategy in East Africa by completing the acquisition of Saham Kenya.

Dale Capital (SEM:DCPL), a private equity investment holding company that was the first foreign business listed on the Stock Exchange in Mauritius (SEM) in 2007, has completed its inward listing on the ZAR X stock exchange.