DFC approves investment in Inside Capital's second fund

The U.S. International Development Finance Corporation has approved an investment in the Inside Equity Fund II.

Jerome Lagesse, founder and managing partner, Inside Capital Partners

Africa Private Equity News’ Connect messaging service is now free. Directly message other private equity professionals in our community.

1. Download the free Africa Private Equity News app: Android | iOS (or search for it in the app store)

2. Tap on the top-right icon to log in or register a free account

3. Tap on bottom-right Connect icon to start chatting

---

The U.S. International Development Finance Corporation (DFC) has approved an equity investment of up to $15 million in the Inside Equity Fund II, managed by Inside Capital Partners.

The investment will support the fund’s expansion of investments in underserved small businesses in Southeast Africa.

* Subscribe to Africa Private Equity News’ monthly Dealmaker’s Log for a database of the reported investment deals, exits and fundraising closes. Click here for more information.