Côte d’Ivoire, Senegal, Burkina Faso: Adiwale Partners steps up a gear with closing of fund
With €60 million in the final closing of its first fund in early October, the West African private equity firm will continue exploring these three priority countries for the rest of the year.
04/10/2021 at 15h52, by Africa Business+
After a first closing at €50 million at the end of October 2019, Adiwale Fund I, LP (AF1) was closed on 1 October at €60 million. A final injection of around €9 million was made by the International Finance Corporation (IFC), a subsidiary of the World Bank Group dedicated to the private sector and headed by Senegalese Makhtar Diop.
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