Kibo Capital Partners reaches final close at US$58mn

18 Jan 2016

Kibo Capital Partners, a provider of growth capital in East Africa, Southern Africa and the Indian Ocean islands, today announced the second close of its Kibo Fund II. The total fund size increased to about US$58 million with investors including Nile Holding Company for Development and Investment, an Egyptian investment company.

Kibo Fund II targets growth-oriented SME- and middle market companies seeking equity investments of US$4-10 million across a number of industries, including financial services, healthcare, education, FMCG and light manufacturing.

The fund is managed by Kibo Capital Partners, a private equity firm with offices in Mauritius and Kenya.


« Back to Member News

Join us on Wednesday, 8th April 2020, for an interactive webinar to discuss the steps industry leaders are taking t… https://t.co/igWB9EdkDq

Over the next ten years, 17% of LPs and 50% of GPs in our African PE Industry Survey expect African PE returns to… https://t.co/lQHTIV7rQ8

Verod Capital backed Tangerine acquires ARM Life Plc. Read more: https://t.co/hbhcHAbaFD

@PartechPartners and @IFC_org led US$9.6mn funding round in fintech @TerraPay. Read more: https://t.co/95yUeJGRQa

85% of LPs in our African PE Industry Survey expect an increase in PE exits through trade buyers over the next 3-5… https://t.co/OFlRBSo4EQ

;