The Abraaj Group invests in Auvest MENASA Opportunities Fund
Dubai, United Arab Emirates (Capital Markets in Africa) — The Abraaj Group (‘Abraaj’ or ‘The Group’), a leading investor operating in global growth markets, today announced its commitment of US$ 30 million to the Auvest MENASA Opportunities Fund I L.P. (the ‘Fund’). Through this investment, Abraaj will take on the role of cornerstone investor in the Fund, which intends to raise between US$ 250-300 million to invest in the small and medium enterprise (SME) sector across…
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