8 Miles LLP announces that it has acquired a 42 per cent stake in Orient Bank Limited, a mid-tier commercial bank in Uganda.
8 Miles LLP announces that it has acquired a 25.1 per cent stake in Eagle Chemicals Group, the leading producer of resin and polymer products in Egypt and one of the market leaders in Africa.
8 Miles LLP, the pan-African Private Equity firm, confirms that it has purchased a stake in Ugandan agribusiness Biyinzika Poultry International Ltd. (BPIL).
8 Miles LLP confirms that it has made an investment, alongside IFC and Morgan Stanley, in eleni LLC, a newly formed company that designs, builds and deploys turn-key commodity exchanges in Africa.
eleni, led by CEO Dr. Eleni Gabre-Madhin, announced today that Morgan Stanley and IFC have both made an equity investment in the company which will support the formation of commodity exchanges across Africa.
8 Miles LLP, a new Pan-African Private Equity firm, confirms that it has completed a first close of the 8 Miles Fund ('The Fund'), having attracted capital commitments totalling around US$200 million.