CDC is providing $100 million each to South African bank ABSA and Egyptian bank CIB, and $75 million to Pan-African bank TDB.
Round up of impact investing deal and fund news for Feb. 4, 2020.
The acquisition is led by Evercare Health Fund, the $1 billion healthcare fund TPG Growth took over from Abraaj and manages via its multi-billion dollar, impact-focused Rise Funds.
“Our goal all along has been to set an example and be a national model for what the investment funds can look like,” says Catalyst’s Jeremy Keele.
South African “micro-private equity” firm Secha backs small agri- and consumer goods businesses, like Rush, with solid growth and job creation potential.
Village Capital is getting into the fund management business, first with long-time partner MetLife Foundation’s $3 million program-related investments fund.
Round up of impact investing deal and fund news for Jan. 30, 2020.