The South African & African Capital Portal is a one-stop information page for all topics related to equity and debt capital funding, both for South Africa and across the African continent. Please click on the Labels in the right column to go to any topic that may interest you. Please contact me on ernest@taitacapital.com if you feel I may be able to assist you, or if you would like something to be added to this blog. Happy reading!
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Thursday, 7 August 2014
AfricInvest Group partners with FMO, MicroVest II, LP & Finnfund to form SFC Finance
"AfricInvest, along with FMO, MicroVest II, LP and Finnfund, is delighted to announce the creation of SFC Finance, a lender to African small and medium enterprises (SMEs). SFC Finance will commence operations with committed shareholders’ equity of $20 million and an initial $50 million debt facility extended by the Overseas Private Investment Corporation (OPIC). Final arrangements for both the shareholders’ equity and the debt were concluded on April 30, 2014...."
http://www.avca-africa.org/africinvest-group-partners-with-fmo-microvest-ii-lp-finnfund-to-form-sfc-finance/
Labels:
Africa,
Debt Capital,
SME
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