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Article: Nigeria: African Capital Alliance Raises US$200m Equity.
- Article from:
- TendersInfo
- Article date:
- July 23, 2009
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Byline: Mamta03
African Capital Alliance (ACA) has announced the first closing of USD 200 million for Capital Alliance Private Equity III ( CAPE III ), a private equity fund which seeks to tap high potential opportunities in sectors such as financial services, oil and gas, power (electricity) supply, communications, manufacturing and services in Nigeria and the West African sub-region.
African Capital Alliance mobilises long-term capital from institutional investors to promote private sector led investments.
The investors in CAPE III, according to a statement, include well-known international development finance institutions such as CDC Group, ...