African Capital Alliance Raises $200 Million
African Capital Alliance has held a $200 million first close on its third private equity fund, which invests in Nigeria and the West African sub-region. It is targeting $350 million. Limited partners include CDC Group, the European Investment Bank, the International Finance Corp., Netherlands Development Finance Corp., First Trustees Nigeria, AIICO Insurance and Africa Re-insurance Corp.
3 August 2009•2 mins read
