Bloomberg: IFC, FMO-Backed Fund Seeks $200 Million for East Africa Ventures

By Eric Ombok

  • Zoscales Partners to plough proceeds in seven to nine firms

  • Most investments will be in consumer goods, health care

Zoscales Partners AG, a private equity fund that invests in small and medium enterprises in East Africa, has begun a $200 million fundraising round whose first close is scheduled in the second half of this year and final one in 2023.

Read the full article here: IFC, FMO-Backed Fund Seeks $200 Million for East Africa Ventures - Bloomberg.