SouthBridge Investments (SBI) and New African Capital Partners (NACP) have announced the launch of their joint venture: SBNA.

SBNA will act as a permanent capital fund aiming to attract investors who take a long-term view on Africa. The joint venture intends to directly invest in Africa’s future with long-term capital, focusing on fintech, the financial sector integration, and micro and meso finance.

Charles Kié, CEO and co-founder of New African Capital Partners, will head S...