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Linda Larbie's Blog Posts Tagged 'fund' (1)

AfDB Approves USD 50 million Dollars Equity Investment in 8 Miles Fund

The Board of Directors of the African Development Bank (AfDB) Group has

approved today, 23 June 2010, in Tunis, an equity investment of USD 50

million in the 8 Miles Fund which aims to invest equity and quasi equity

in Greenfield and Brownfield projects in Africa.

The 8 Miles Fund is a first generation multi-sector Pan-African private

equity fund with a target endowment of USD 750 million. A majority of

the Fund’s investments will be in existing companies who… Continue

Added by Linda Larbie on June 24, 2010 at 3:01pm — No Comments

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