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RMB Corvest eyes more investments in Africa

Image Credit: BusinessDay

RMB Corvest, a private equity division of South Africa’s FirstRand Banking group, is looking to invest between $500 million and R1 billion (approximately $40 million to $80 million) in black-owned companies over the next 12 months. The firm expects to deploy the capital in a number of sectors, including services, healthcare, retail and education, in both existing and new portfolio companies.

Read more at Business Day…

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