EBRD invests $80M to drive growth in North Africa’s mid-cap sector - Innovation Village | Technology, Product Reviews, Business
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EBRD invests $80M to drive growth in North Africa’s mid-cap sector - Innovation Village | Technology, Product Reviews, Business
The European Bank for Reconstruction and Development (EBRD) has announced a commitment of up to US $80 million as a founding investor in North Africa Fund III (NAF III), a private equity fund managed by RMBV. This marks RMBV’s first independently managed fund since its transition to independence in 2019. RMBV said in a statement: This $80 million commitment to our new fund NAF III is a strong vote of confidence in our strategy – one focused on …
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