An exceptional history
Since 2005, Millennium has led international investment banking and private equity across the Middle East, Africa, and Asia — with completed transactions exceeding USD 50 billion in telecoms, oil & gas, natural resources, real estate, financial institutions, and infrastructure.
Keba Keinde and his partners establish Millennium Financial Advisory with Dubai Islamic Bank as anchor investor — management holding 35% through AFA, DIB holding 65%.
Authorised by the DFSA under a Category 4 license, the firm is renamed Millennium Finance Corporation and opens at the DIFC Gate Building.
Millennium Private Equity is mandated by Dubai Islamic Bank to launch a $5 billion series of seven sector-specific funds — beginning with two $1bn funds in Energy and Telecom, Media & Technology, targeting under-penetrated markets across Africa, Asia, and the GCC.
MFC completes over $20bn of transactions — lead manager and bookrunner on DP World's $5bn IPO, the largest ever in the Middle East, and advisor on ArcelorMittal's $2.2bn mining project in Senegal. KIPCO acquires 32.5% of MFC.
MFC establishes MPE and raises $500m across the Energy, Telecom, and India funds, backed by DIB, KIPCO, KFH, IDB, and ICD. MPE invests $100m in Bharti Infratel alongside Temasek, Goldman Sachs, and KKR.
Following a shareholder dispute, DIB and UGB acquire MPE and AFA becomes 100% shareholder of MFC.
MFC relaunches investment banking with a focus on Africa — advising IDB on a $200m port financing in Gabon and South Sudan on a $1.5bn pre-export facility, plus several natural-resources transactions.
Keba Keinde takes a sabbatical to run for president in Senegal. He is later fully cleared by Senegal's Supreme Court of any involvement in any wrongdoing.
Millennium concentrates on Natural Resources, Telecom & Technology, and Energy — with Africa at the center. The year includes an ICT LBO in KSA, a $1.5bn real estate transaction, and advisory on a multi-billion-dollar telecom operator.
Millennium launches Freedium, a stablecoin backed by commodities.
The firm develops a dedicated gold trading fund.
Millennium establishes MPGL, a natural-resources joint venture.
MPGL acquires a proprietary $7 billion iron-ore mining asset in Guinea — one of the largest resource transactions in Africa.
Explore the sectors and regions shaping Millennium's direct-investment strategy.
Our sectors