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/

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