Markets

TPG’s Rise Fund makes its first Africa investment

by Editor

May 15, 2018 | 8:28 am
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The Rise Fund, the impact fund run by private equity group TPG Growth, has made its first investment in Africa, leading a $47.5m deal to buy an unspecified stake in digital payments provider Cellulant. Cellulant was founded in 2004 with operations in Kenya and Nigeria. It now works in 11 countries with 94 banks and…

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by Editor

May 15, 2018 | 8:28 am
  |     |     |   Start Conversation

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