AfricInvest Innovation Fund Completes Final Close Of Ksh13B
AfricInvest, a multi-asset investment platform in Africa and global venture capital firm Cathay Innovation, have completed the final close of their joint Pan-African Venture fund, Cathay AfricInvest Innovation Fund , at €110M (Ksh13.3 billion). The fund is backed by LPs such as EIB, AfricaGrow,...
Britam lists 360.8m new shares after AfricInvest deal
The decision by AfricInvest to invest in Britam came less than a month after the International Finance Corporation (IFC) released Ksh 3.6 billion to fund strategic projects in the company
Britam shareholders approve Sh5.7b AfricInvest deal
Group Managing Director Benson Wairegi says the funds would go to support strategic projects in the group, including the consolidation of the group’s leadership position across its various businesses