Fund

African Rivers Fund III

Investor(s)

Company List

Currency

US Dollar

Committed Capital

USD0.000

Minimum Investment

USD0.000

MaximumInvestment

USD0.000

Investment Stage

Unknown

Note

ARF III targets growing, well-managed small and medium-sized enterprises (SMEs) in the Central & East African region covering Angola, the Democratic Republic of Congo (DRC), Uganda and the Republic of Congo and surrounding countries. ARF III follows the successful investment strategy of its predecessor funds, CASF and ARF, by providing debt, equity and mezzanine finance to fast-growing companies in these regions. For this first close, BIO (Belgium Investment Company for Developing Countries), the Dutch Good Growth Fund (DGGF, managed by Triple Jump), FMO (the Dutch development bank), IFC (a member of the World Bank Group), which are all existing investors in Fund I and/or II, are joined by Swedfund (the Swedish Development Finance Institution) and the SDG Frontier Fund (which includes nine private and institutional investors from Belgium) – an expansion of the investor base of ARF, which demonstrates their commitment and support for investing in these frontier markets.