First closing of Ascent Rift Valley Fund II has a full house with institutional investors—CDC, Proparco, IFC, & FMO

The Kenya-based private equity fund Ascent Capital Africa completed the first closing of $100 million for its second fund dedicated to East Africa.

18/05/2021 at 15h50, by Africa Business+

A few months behind schedule, due to the COVID-19 pandemic, private equity investor Ascent Capital Africa is adding new assets to its Ascent Rift Valley Fund II (ARVF II).

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