AfDB backs Alterra fund with up to $15m
The fund targets high-growth, mid-sized enterprises across multiple sectors in Africa.
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The African Development Bank has approved an equity investment of up to $15 million in the Alterra Africa Accelerator Fund (AAA Fund).
The AAA Fund targets high-growth, mid-sized enterprises across multiple sectors in Africa.
Alterra is an independent private equity platform formed following the spin-out of the Carlyle Africa team and strengthened by professionals from Emerging Capital Partners.
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