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Vital Capital planning to raise $500mln for second private equity fund

Image Credit; USAID

Private Equity firm Vital Capital is planning to raise $500 million for a second Africa-focused impact investment fund. The fund, which will have a hard cap of $700 million, aims to back between 10 to 20 investments in projects in a number of sub-Saharan African countries including Mozambique, Tanzania, Rwanda, Angola, Ethiopia, Uganda, Cameroon, Ghana and Cote d’Ivoire.

Read more at Bloomberg Briefs…

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