African Equity News
Africa: AFDB Votes U.S.$25 Million for African Businesses
THE African Development Bank (AfDB) has approved a $25 million equity investment in Vantage Capital Fund II (VCF II). This second-generation multi-sector fund, designed to reach USD 250 million, will provide mezzanine financing – a combination of debt and equity instruments – to selected portfolio companies across Africa.
Published Jul 18, 2011.
Read more: AllAfrica.com
Growthpoint to raise R1.5bn
Property fund Growthpoint Properties (GRT) plans to raise an estimated 1.5 billion rand through the issue of new Growthpoint linked units. The equity raise will be offered to South African and offshore institutional investors through an accelerated book build process.
Published Jul 13, 2011.
Read more: Pretoria News
Web page to address high percentage of Black suspensions
A group that includes African-American professors at Eastern Kentucky University is developing a Web
Published Jun 1, 2011.
Read more: Lexington Herald-Leader