Sh1.55bn Catalyst funding set to benefit Kenyan firms
2 months ago, 1 Jan 15:52
Mid-sized companies in Kenya are set to benefit from the backing of $15 million (about Sh1.55 billion) in a private equity investment fund by the African Development Bank (AfDB). AfDB said the East Africa focused fund, which is the second by Nairobi-based private equity firm Catalyst Principal Partners, will make acquisitions in the local mid-market segment across sectors focusing mainly on priority consumer staples, financial services, industrials and healthcare. “The board of the African Devel ...
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