Private equity fund unveils US$9.19m to support agribusinesses in Uganda

Private equity fund unveils US$9.19m to support agribusinesses in Uganda

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UGANDA – The Yield Uganda Investment Fund, an European Union (EU) backed agribusiness impact fund has injected US$9.19 million (UGX34bn) into Uganda’s agribusiness sector. The new financing follows the joining of Soros Economic Development Fund, part of Open Society Foundation (OSF) and…

AfDB approves US$14.05m investment in Adiwale Fund 1 targeting Francophone West Africa

AfDB approves US$14.05m investment in Adiwale Fund 1 targeting Francophone West Africa

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WEST AFRICA – The Board of the African Development Bank (AfDB) has approved a €12.5 million equity investment in Adiwale Fund 1 targeting high growth potential Small and Medium Sized Enterprises (SMEs) in French speaking West African countries. With a target fund size…

AfricInvest and Gulf Capital invest in customer service and outsourcing provider

AfricInvest and Gulf Capital invest in customer service and outsourcing provider

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AFRICA – AfricInvest, a leading pan-African mid-cap-focused private equity firm, and Gulf Capita, one of the largest and most active alternative asset management firms in the Middle East, have partnered to provide a US$51million structured loan and equity investment to iSON Xperiences. Formerly…