Dangote Backs $500 Million Africa-focused Fund
11 ott 2023 ·
2 min. 13 sec.
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Descrizione
Aliko Dangote, Africa's richest man, has teamed up with US billionaire investors to back a $500 million Africa-focused fund. The investors, Alterra Capital Partners, an Africa-focused private equity firm, has...
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Aliko Dangote, Africa's richest man, has teamed up with US billionaire investors to back a $500 million Africa-focused fund.
The investors, Alterra Capital Partners, an Africa-focused private equity firm, has ambitious plans to raise up to $500 million in the coming months and has already secured $140 million in its initial closing.
The firm’s investment strategy is centred around critical sectors, including telecommunications, technology, logistics, healthcare, consumer services, and retail.
The firm has invested approximately $1 billion across 23 companies in Africa, indicating a significant track record in the region.
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The investors, Alterra Capital Partners, an Africa-focused private equity firm, has ambitious plans to raise up to $500 million in the coming months and has already secured $140 million in its initial closing.
The firm’s investment strategy is centred around critical sectors, including telecommunications, technology, logistics, healthcare, consumer services, and retail.
The firm has invested approximately $1 billion across 23 companies in Africa, indicating a significant track record in the region.
Informazioni
| Autore | Africa Business Radio |
| Sito | - |
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