World Bank offers a shield to Ethiopian Turaco
The FMCG-active company secured $22 million in funding from Proparco and Ethos Mezzanine Partners last year. It has now seen these operations covered by the MIGA mechanism.
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▪ World Bank offers a shield to Ethiopian Turaco
▪ The FMCG-active company secured $22 million in funding from Proparco and Ethos Mezzanine Partners last year. It has now seen these operations covered by the MIGA mechanism.
▪ https://www.africabusinessplus.com/en/807891/world-bank-offers-a-shield-to-ethiopian-turaco/
In June 2020, the transaction with Turaco—a holding company managed by 54 Capital PE Advisors—marked the first quasi-equity transaction in Ethiopia by the French Development Agency (AFD) for the private sector.
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