Abraaj Group's third Sub-Saharan Africa fund closes at $990 mln
The Abraaj Group said Monday it closed its third dedicated Sub-Saharan Africa private equity fund at $990 million. Sixty four percent of the capital committed to Abraaj Africa Fund III came from European and North American investors. AAF III will target consumer goods and services, consumer finance, and resource and infrastructure services in the core geographies of Nigeria, Ghana, Côte d’Ivoire, South Africa and Kenya.
13 April 2015•3 mins read
