Description
The financial ecosystem in Africa is reaching an exciting new phase of development, according to Edmund Higenbottam of Verdant Capital. What is exciting today from an investment perspective, he says, is the breadth of opportunities that have now proven their credit models and have started to scale progressively. Read more on pp.12-13.
In this month’s issue of Africa Global Funds, we also hear from AfrAsia Bank and learn why Mauritius is positioned as a springboard for investment flows into and out of the continent. The country has successfully established itself as an important commercial capital for investment, business structuring and wealth management. Read on to find more on pp. 14-15.
In this edition, we speak with Kristoffer Valvik, Investment Manager – Clean Energy in Norfund, to discuss Norfund’s African strategy. In line with Norfund’s strategic target, 60% of their commitments in 2021 were in Sub-Saharan Africa. Learn more about the Norwegian Investment Fund for developing countries and its mission on pp.16-17.
Finally, Gregoire Theron of GraySwan writes about hedging strategies. Read on p.22 whether now is a good time to hedge your exposure.
On the fundraising front, Sanari Capital announced a R475m first close of its Sanari 3S Growth Fund. Read more on p.4.