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Article: EMP Global Makes US$76 Million of New Investments Through Africa Fund Over 2005.
- Article from:
- PR Newswire Europe
- Article date:
- June 21, 2005
CopyrightCOPYRIGHT 2005 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WASHINGTON, June 21 /PRNewswire/ --
- EMP Global's Africa investments underscore its market leadership and demonstrate long-term commitment to the continent
EMP Global LLC ("EMP") today announced three noteworthy investments made over 2005 by the Africa-focused private equity fund it advises. This new round of US$76 million in investments was made in the wireless telecommunications, water & electricity distribution, and agriculture sectors. It brings to US$338 million the total amount invested in Africa by EMP's Africa fund, across 14 companies, and cements EMP's track record of identifying investment opportunities in Africa with high growth potential ...