Cepheus Growth finalizes its first US$100m fund for small and medium-sized enterprises

ETHIOPIA – Cepheus Growth Capital Partners, a private equity firm focused on providing growth capital to small and medium-sized enterprises (SMEs) in Ethiopia, has revealed it is finalising the fundraising for its first US$100 million fund.   Founded in 2016 by two Ethiopian partners, Berhane Demissie and Kassahan Kebede, Cepheus is based in Addis Ababa.   The Cepheus Growth Fund I (CGCF) is the first fund raised by the fund manager, and will focus on high-growth firms in the manufacturing, consumer services, agriculture and agri-processing sectors.   In late 2017, CDC made a…

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