XSML nears final closing for third fund

The fund, set up more than two years ago, and dedicated to SME structures in Central Africa, finalises fundraising next year. 

26/10/2021 at 16h56, by Africa Business+

The first round of financing was completed in September 2020, with investors committing $54 million. This is an encouraging performance at the halfway point, as the impact fund manager XSML aims to raise $75 million for its African Rivers Fund III (ARF III).

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