Monday
July 10
2023

African Development Bank to Make US $11 Million Equity Investment in BluePeak Private Capital Fund

The Board of Directors of the African Development Bank Group (http://www.AfDB.org) has approved an $11 million equity investment in BluePeak Private Capital Fund toward its $155 million target for final close. The investment advances the Bank’s goal of supporting mid-size firms, including in the pharmaceuticals, agribusiness, manufacturing, and logistics sectors, across Africa.

Source: African Business (link opens in a new window)

Categories
Agriculture
Tags
manufacturing, MSMEs