FinDev Canada proposes additional investment in African PE fund
FinDev Canada is proposing an additional investment of $10 million in the African Development Partners (ADP) III fund, a private equity fund managed by Development Partners International. FinDev Canada has a current commitment of $20 million to ADP III, which will bring the total commitment to $30 million.
ADP III provides growth capital to support the expansion of private companies across Africa.
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