Standard Chartered Private Equity makes further commitment to Afrifresh

Standard Chartered Private Equity, the investment division of Standard Chartered Bank, has committed a further $15 million (ZAR150 million) to existing portfolio company and bank client, Afrifresh Group, a fruit producer and exporter. This capital injection follows SCPE’s initial $20 million equity investment made in February 2011 to fund the company’s expansion program.

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