Verdant Capital announced that its Verdant Capital Hybrid Fund has completed a $9 million investment, structured as a holding company loan, in microfinance firm LOLC Africa, which will be invested in its lending subsidiaries in Zambia, Egypt, Kenya, Tanzania, Nigeria, Malawi, Zimbabwe, Ghana, and the Democratic Republic of Congo.
Verdant Capital completes $9m investment in…
Verdant Capital announced that its Verdant Capital Hybrid Fund has completed a $9 million investment, structured as a holding company loan, in microfinance firm LOLC Africa, which will be invested in its lending subsidiaries in Zambia, Egypt, Kenya, Tanzania, Nigeria, Malawi, Zimbabwe, Ghana, and the Democratic Republic of Congo.