Musa, Swiss Partner to Help African SMEs in Healthcare
Tuesday, April 15, 2014
Musa Capital and Quadia, a Swiss wealth and investment management company, will run the Economic Development for Health Fund, launching with $20m in the second quarter of the year.
The open-ended fund aims to raise $75m by the end of the year and to reach $500m in the next five years. The fund is backed by Credit Suisse, while Accenture Development Partners, the not-for-profit development arm of the consulting firm Accenture, will help to develop the SMEs
Source: Business Day South Africa (link opens in a new window)
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