JOHANNESBURG —A private equity fund whose biggest investor is Saudi billionaire Prince Alwaleed bin Talal is raising funds to invest $500 million throughout Africa.
The fund — Pan-African Investment Partners II — aims to ride on the back of strong economic growth on a continent where private equity has made much fewer inroads than in Europe and the United States, a top official of the fund said yesterday.
No comments:
Post a Comment
You are welcomed to leave a message!