Latest News

March 2019

Serengeti Capital Markets Completes Agricultural Development Bank Rights Issue

Serengeti closes a GHS147M rights issue for Agricultural Development Bank.

August 2018

Serengeti Capital Markets Completes Republic Bank Rights Issue

Serengeti closes an oversubscribed GHS255M rights issue for Republic Bank Ghana.

December 2017

NewWorld Completes HFC Bank Rights Issue

NewWorld closes an oversubscribed GHS50M rights issue for HFC Bank.

November 2017

Serengeti Capital Markets Completes Valuation of Atuabo Power Plant

Serengeti undertook a valuation of Marinus Energy’s Atuabo Power Plant as part of the project’s capital raise.

October 2016

NewWorld Wins “Broker-Dealer of the Year, 2015″

NewWorld Securities awarded Broker of the Year at the prestigious Ghana Investment Awards.

October 2016

SSNIT Retained NewWorld to Value Select Unlisted Equities

The Social Security and National Insurance Trust, Ghana’s state-run pension scheme, retained NewWorld to value select unlisted portfolio investments.

July 2016

Serengeti Leads Acquisition of CSRD Canada

Dedeso Holdings, a Serengeti Capital-led investment vehicle, acquires CSRD Canada, the holder of the Lake Volta timber salvage concession, the largest timber asset of its type in the world.

July 2016

Serengeti Leads Acquisition of Farmers Alliance

Serengeti Capital leads an investor group that acquires majority ownership of Farmers Alliance, a licensed cocoa-buying company. Goal is to make Farmer’s Alliance the leading private LBC in Ghana.

May 2016

Bayport Financial (Ghana) Retained NewWorld For Fairness Opinion

Bayport Financial Services retained NewWorld Securities to render a fairness opinion on a contemplated transaction.

February 2016

Serengeti partners with Gulf Capital

Serengeti partners with Gulf Capital for mezzanine finance in sub-Saharan Africa, exclusively advising Gulf Credit Opportunities Fund II, a $300M private debt investment fund, on credit and mezzanine investment opportunities in sub-Saharan Africa.

July 2015

Serengeti Acquires NewWorld Securities, NewWorld Asset Management

Serengeti Capital acquired NewWorld Securities and NewWorld Asset Management, enabling Serengeti to provide the full spectrum of investment banking services to our clients.

May 2015

Republic Bank Completes Acquisition of HFC Bank

Republic Bank of Trinidad, advised by Serengeti, completed a $26M mandatory tender offer for HFC Bank, resulting in Republic becoming the controlling shareholder of HFC. This transaction has the twin distinctions of being Republic Bank’s first acquisition in Africa, and the first hostile takeover of a Ghana Stock Exchange-listed company.

May 2015

uniBank Completes First Tranche of Fundraise

Serengeti has successfully completed the first phase of uniBank’s fundraise, securing €10M in debt from European Investment Bank.

December 2014

Serengeti Capital And Afrinvest Agree Strategic Partnership

Serengeti and Afrinvest West Africa agree to cooperate in Investment Banking, Asset Management, Brokerage and Investment Research in their respective markets of Ghana and Nigeria. Afrinvest is one of Nigeria’s leading independent investment banks, and this reciprocal arrangement will enable Serengeti to provide comprehensive coverage of the Nigerian market.

November 2014

Unibank retains Serengeti

Unibank Ghana retains Serengeti to raise new debt and equity capital.

May 2014

Republic Bank of Trinidad makes a mandatory tender offer for HFC Bank

Republic Bank of Trinidad jointly mandates Serengeti Capital and New World Securities to advise on its mandatory tender offer for HFC Bank.

March 2014

Atlas Mara completes due diligence on BancABC

Atlas Mara retains Serengeti to assist with due diligence on BancABC operations.

June 2013

Republic Bank of Trinidad makes a significant investment in HFC Bank

Republic Bank of Trinidad, advised by Serengeti Capital, acquires a 32% interest in HFC Bank.

May 2012

Serengeti completes a $55M debt and equity fundraise for UT Bank

Serengeti completes a $55M debt and equity fundraise for UT Bank from IFC and DEG.

April 2012

ProfPay Ltd completes seed funding

ProfPay Ltd, an eCommerce fulfillment gateway for sub-Saharan Africa sponsored by Serengeti Capital, completed seed funding round at a pre-money valuation of $4M.

Judith Aidoo joins the Board

Judith Aidoo joined the Board of Serengeti Capital as Chair.

March 2012

UT Holdings retains Serengeti

UT Holdings retains Serengeti to raise up to $40M in new capital.

Republic Bank of Trinidad retains Serengeti

Republic Bank of Trinidad retains Serengeti to advise on Republic’s contemplated entry into Africa.