‘China to invest in Africa private equity funds’ |
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| Date: 01-12-2011 |
| News >> |
Chinese investments in Africa through private equity funds will further increase. Institutions such as the China Investment Corporation (CIC) and the China Africa Development Fund take opportunities to invest in Africa's private equity funds.
Investing in Africa’s private equity funds is a successful strategy used by sovereign wealth funds from European countries, enabling them to benefit from diversified investment returns.
The most popular active EU funds investing in Africa's private equity funds include PROPARCO, the subsidiary of the French Development Agency, FMO, the entrepreneurial development bank of the Netherlands and the KfW Bankengruppe, German-based development finance institution that provides long-term project and company financing. Last changed: 01-12-2011 at 14:38
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