Cepheus Capital invests in Lion Brands of Ethiopia supporting its expansion plan

ETHIOPIA – Cepheus Growth Capital Partners (Cepheus Capital), private equity firm that invests in Ethiopia’s most promising businesses and entrepreneurs has invested into East African Lion Brands Manufacturing Industries PLC (Lion Brands), one of Ethiopia’s leading manufacturers of fast moving consumer goods (FMCG) products in the home care, personal care and food segments. Lion Brands food and beverage unit consists of a flour mill, supplementary food unit (Unimix), pasta and macaroni factory, tea and coffee processing factory, edible oil factory and biscuit factory. With this investment, Cepheus Capital will hold a…

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Soros Economic Development Fund Commits US$10 Million to Ethiopian Investment Fund

ETHIOPIA – The Open Society Foundations are investing US$10 million in the US$100 Cepheus Capital Growth Fund focused on supporting business development in Ethiopia, as part of its broader commitment to support Ethiopia’s democratic and economic development. The Soros Economic Development Fund, the foundations’ impact investing arm, will join several regional and national development funds as limited partners in the Cepheus Capital Growth Fund. Launched by Cepheus Growth Capital Partners, the fund will provide much-needed foreign capital to private businesses in Ethiopia, with a focus on manufacturing, agro-processing, and education…

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