Miarakap raises €5 million and expands management delegation model
The 100% Malagasy impact investment fund, backed by I&P and Axian, has recapitalised its primary investment vehicle. In addition, it is becoming increasingly involved in the delegated management of development funds, including those of USAID.
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▪ Miarakap raises €5 million and expands management delegation model
▪ The 100% Malagasy impact investment fund, backed by I&P and Axian, has recapitalised its primary investment vehicle. In addition, it is becoming increasingly involved in the delegated management of development funds, including those of USAID.
▪ https://www.africabusinessplus.com/en/815247/miarakap-raises-e5-million-and-expands-management-delegation-model/
The fresh capital is intended to speed up the process. The Malagasy impact fund Miarakap, based in Antananarivo and headed by Emmanuel Cotsoyannis, has completed a new round of financing of up to 25 billion ariary (€5 million).
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