FSD Africa, a UK development agency headquartered in Kenya, is helping raise $1.3 billion for two funds investing in businesses across seven African countries.
The organization, which is backed by the UK government, is targeting investments from fund managers and pension funds that will go toward business loans across Senegal, Cote d’Ivoire, Nigeria, Ghana, Kenya, Uganda and Tanzania. It is also inviting multilateral development banks to refinance some of the assets.
Source link : https://www.bloomberg.com/news/articles/2024-07-12/uk-backed-agency-in-kenya-seeks-1-3-billion-for-african-firms
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Publish date : 2024-07-12 10:00:05
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