June 14

Zambia-Focused PE Fund Reaches $40 Million First Close

Monter Capital Partners in Port Louis successfully completed the first close of $40 million for its flagship $100 million fund, in a landmark raising for a Zambia private equity firm.

The fund, which focuses on growth companies in core sectors such as financial services, clean energy, and agri-business, is domiciled in Mauritius but operates from Port Louis and across Sub-Saharan Africa.

Photo courtesy of Bengt.

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

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