Mangwana Opportunities Fund gets approval to acquire stake in Invictus Energy

ZIMBABWE – Invictus Energy Limited, an independent oil and gas exploration company, has announced that it has completed the placement for an equivalent AUD$0.44 million (US$310,297) with the Mangwana Opportunities Fund as announced on 30 April 2020 following approval received from the Reserve Bank of Zimbabwe Exchange Control authority. Mangwana Opportunities Fund is an investor owned, closed end investment company which is managed by Mangwana Capital. It is funded by Zimbabwean institutional investors including pension funds and invests primarily in the fields of Agriculture, Mining and Tourism with an investment…

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