AfricInvest IV wins over the DFC to achieve a first closing of $200m

The American development agency has just invested in Karim Trad and Ziad Oueslati’s pan-African private equity fund.

08/06/2020 at 15h41, by Africa Business+

According to our source, investment fund AfricInvest IV LLC this week achieved a first closing of more than $200m. “Our investors have shown continued loyalty despite the current crisis,” an internal source told Jeune Afrique Business+.

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