Proparco invests in North African fund
French development finance institution Proparco has invested in RMBV’s North Africa Fund III.
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French development finance institution Proparco has invested in RMBV’s North Africa Fund III (NAF III), which focuses on mid-cap companies in Egypt, Morocco, Algeria, and Tunisia.
NAF III is designed to drive long-term growth in sectors such as healthcare, education, financial services, and consumer staples, targeting businesses that can capitalise on North Africa’s evolving consumer landscape and economic transformation.
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