In this month’s issue we caught up with the biggest multilateral financial institution in the world - the European Investment Bank. Thomas Östros, EIB Vice President, told us about EIB’s initiatives and investments in Africa, as well as challenges that they experience on the continent. Read on pp.14-15.
For private equity firms, there are several exit strategies that have their own advantages and considerations, according to Albert Alsina, Founder and CEO, Mediterrania Capital Partners. He says that PE firms seeking to deliver superior returns must choose the one that aligns best with their investment goals and the specific circumstances of the portfolio company. Read on p.16.
In this month’s edition we also learn about one of the Verdant Capital Hybrid Fund’s portfolio companies - LOLC Africa. The company is one of the best performing global microfinance groups, and the investment is in-line with the Fund’s strategy of picking the top performer of each theme or category. Read on p.17.
In addition, the new Chief Executive of Edge Growth’s Ventures business, Janice Johnston is passionate about developing and cultivating SMEs. She highlights the need to support and uplift women entrepreneurs in South Africa on p.22.
On the fundraising front, Abidjan-based private equity firm Joliba Capital has announced the first close of its Joliba Fund I, raising €55m from commercial and development investors including IFC, Proparco, FMO and the French private equity firm LBO France. Read on p.4.