4G Capital secures US$2m financing to lend small and medium businesses in East Africa

AFRICA – Private equity firm 4G Capital has secured a US$2 million (KSh202 million) loan for onward lending to small businesses in Kenya and Uganda. The new loan was provided by Ceniarth LLC, an investment vehicle of American Diane Isenberg whose family fortune is estimated at more than US$500 million (KSh50 billion). “4G Capital is pleased to announce the completion of its second round of fundraising. The investment was secured by a US$2 million (KSh202 million) debt facility from Ceniarth LLC, bringing the total raised to US$4 million (KSh404 million).…

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