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Exclusive: Gemcorp spins out unit to bridge Africa’s project execution gap
Summary by Semafor
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1 Articles
Exclusive: Gemcorp spins out unit to bridge Africa’s project execution gap
The ScoopGemcorp Capital — an emerging markets investor that has deployed more than $9 billion, primarily in Africa — is consolidating some units to create an operating platform focused on executing projects.The new company, Imbono, will focus on solving a problem that faces investors in Africa and other emerging markets: projects that are financed but never fully delivered, its CEO Marcus Weyll told Semafor.Headquartered in Dubai, with Angola a…
·New York, United States
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Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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