Catalyst Principal to Launch $100M East Africa Fund

Private equity firms are moving into east Africa, Reuters reports, with 26 private equity and venture capital firms actively working in the region. One firm, Catalyst Principal Partners, will launch a $100 million east Africa fund in January, focusing on opportunities in Kenya, Uganda, Tanzania, Rwanda, Democratic Republic of Congo, Ethiopia and Zambia. The firm will invest in the consumer, services and industrial sectors, Reuters said.

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