AFIG's Growing Portofolio

From Timbuktu Chronicles Wed Feb 27 2013, 11:00:00

In Africa Assets:

Through their Atlantic Coast Regional Fund (ACRF), AFIG have invested USD14m in fuel marketers Elton Senegal and Elton Gambia, and in vehicle manufacturer Senbus. The three entities are held through advisory firm Impaxis Capital's wholly owned subsidiary Société d'Interventions Financières (SIFI). AFIG have committed USD10m as equity and quasi equity, and another USD4m as follow up financing.

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