Alwaleed fund targets $500m investments


Issue 130 - 14 Jan 2008 | 3 minute read

A private equity fund whose biggest investor is Saudi business tycoon Prince Alwaleed is raising money to invest a total of $500m in Africa across a range of sectors, writes Nadine Marroushi. Sectors including energy and mining, financial services, retail, manufacturing and telecoms will be targeted by the new Pan-African Investment Partners II private equity fund,

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