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Kuramo Capital injects $20mln fresh equity in Transcentury

Image Credit: Corporate Council on Atrica

Kuramo Capital Partners, the Africa-focused alternative investment management firm based in New York, is backing Kenyan infrastructure investor Transcentury with $20 million. The capital will complement some as yet undefined “other funding options” to settle a convertible bond and to invest in other infrastructure projects. Transcentury has about $75 million of bonds falling due on March 25th.

Read more at Bloomberg…

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