After having already invested $5 million in the African Rivers Fund in 2016, Agence Française de Développement (AFD) Group has renewed its support to the XSML management team by investing $10 million in its third fund, African Rivers Fund III (ARF III).

ARF III enables entrepreneurs in the DRC, Uganda and Angola to access the financing and support they need to strengthen and develop their businesses in regions often neglected by investors. This investment by FISEA, an AFD Group facil...