Private Equity News
OPIC has already approved an investment of $200 million in the fund.
The objective is to boost production and growth in Africa.
It will be operational in December.
The two institutions are setting up a private equity fund.
The partners will make available capital and strategies for development of FSPs
MFW4A presented its latest brief on pension funds in Botswana, Kenya, Namibia and Nigeria
These deals were mainly concentrated in the financial sector.
Nigeria and Ghana account for 93 per cent of transactions.
The objective of the project is to generate employment, particularly among the youth.
Private equity is the fastest growing source of investment in sub-Saharan Africa.