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Article: Nigeria : African Capital Alliance Raises $200 Million.
- Article from:
- TendersInfo
- Article date:
- August 4, 2009
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Byline: babalu03
African Capital Alliance has held a $200 million first close on its third private equity fund, which invests in Nigeria and the West African sub-region. It is targeting $350 million. Limited partners include CDC Group, the European Investment Bank, the International Finance Corp., Netherlands Development Finance Corp., First Trustees Nigeria, AIICO Insurance and Africa Re-insurance Corp.
African Capital Alliance (ACA) announces 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, ...