IFC Invests $25 Million in Metier in Southern and East Africa
IFC has announced an equity investment of $25m in Metier Capital Growth Fund III (MCGF III) as well as a co-investment envelope of $15m to invest alongside the fund in select companies.
The fund, which will be managed by Metier Private Equity International, will invest in 8 to 12 mid-market companies primarily in Southern and East Africa.
Photo courtesy of Edward Howell.
Source: Africa Global Funds (link opens in a new window)
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