Engineering infrastructure provider ieng secures US$20m from BluePeak Private Capital

AFRICA – BluePeak Private Capital, an alternative asset management firm, has invested US$20 million in ieng, a pan-African provider of engineering and construction, operations and maintenance, and hybrid power solutions to telecommunications and power industries across Africa. The growth capital supports ieng’s geographic expansion plan across the continent, enabling the company to provide innovative and cost-effective solutions to a broader…

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Microsoft launches its engineering hub in Kenya after three years of successful operation

KENYA – Microsoft’s premier engineering hub, the African Development Centre (ADC), is relocating to its own offices in Nairobi, demonstrating the company’s commitment to the continent. After three years of successful operation in Kenya, the ADC will now be based at Dunhill Towers along Waiyaki Way in its new ultra-modern state-of-the-art facility, the first of its kind serving the East…

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Murray & Roberts acquires JJ White to further its North America expansion

SOUTH AFRICA – Engineering and mining contractor Murray & Roberts Holdings (M&R) is acquiring US multi-trade contractor and engineering firm JJ White Incorporated for US$28.25 million as part of its strategy to diversify and expand the services of its energy, resources, and infrastructure business platform in North America. M&R subsidiary, Clough North America Holding, is acquiring all the shares in…

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French Ginger Group acquires 30% stake in engineering company Hydrosol Fondations

TUNISIA – Tuninvest Sicar, a multi-sector fund managed by Africinvest Group, has sold its 30% stake in Hydrosol Fondations, a Tunisian geotechnical and foundation engineering company, to Ginger Group, a French prescription engineering company. Established 30 years ago, the company based in Tunis with 180 employees, is specialized in the survey and identification of the mechanical qualities of soils, foundation…

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