Africa-Focused Private Equity Firm Raises $900 Million
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The pandemic economy has set off so much investment activity that it seems like a new record is set every day — whether it's stock market gains, venture capital investments, or the number of times the word "inflation" is said on CNN.
One place that hasn't reaped the windfalls is Africa. But that may be about to change. Development Partners International, an Africa-focused private equity firm, said Sunday that it has raised $900 million from a consortium of global investors.
Source Fool.com
