According to the Bank’s website, IFC is considering an equity investment of up to US$25 million alongside a co-investment envelope of up to US$15 million in Metier Capital Growth Fund III (“MCGF III” or the “Fund”), structured into two separate vehicles, a Mauritius domiciled fund (in consideration for IFC) and a South-African domiciled fund. MCGF III is a growth equity fund which targets to make investments in Sub-Saharan Africa with a specific focus on East and Southern Africa, targeting to raise up to US$250 million.
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