Job Board

Kibo Fund I partially exits Madison Finance investment

16 Dec 2015

Regional PE fund Kibo I has partially exited its investment in Madison Finance Company Limited (MFinance) through redemption of its preference shares. MFinance is a licensed microfinance institution in Zambia with a network of 18 branches. TKF acquired a 25% stake in MFinance in 2013, and invested in additional preference shares to help the business grow its existing loan book to small and medium enterprises. Kibo I remains a partner with MFinance through its investment in ordinary shares.

« Back to Member News

Archive

Categories

African and global commercial investors from Axonia Partners, Colonial Consulting, @SanlamInvest @alexforbes and Sa… https://t.co/tfaDfYEhzy

”We think about the exit right at the beginning - when we sit down with owners or management, we try and understand… https://t.co/VJ82ZMdGer

"To prepare companies for exits, we try to improve reporting standards, corporate governance and we look for the be… https://t.co/TuRdDXxO2Z

Hurley Doddy of ECP, @AyisiMakatiani of @FanisiCapital, Karima Ola of @LeapFrogInvest and Carlos Reyes of @IFC_org… https://t.co/PECs3EOmIV

"Youth and women empowerment need to be a critical components of GPs' investment mandate." Sandrine Henton… https://t.co/iwfU21vyDU

;