Ghana and the Ivory Coast

Ivory Coast, Ghana Said to Seek $1.2 Billion Loan for Cocoa

Posted on by The Editorial Team
Ivory Coast, Ghana Said to Seek $1.2 Billion Loan for Cocoa

ACCRA (Capital Markets in Africa) – The cocoa regulators of the world’s two biggest producers are in talks with the African Development Bank about a $1.2 billion loan that will be used to increase output and mitigate against volatile prices, according to two people familiar with the matter. Ivory Coast and Ghana want to build storage facilities for local processing and for the storing and release of stocks based on market demand, said the people, who…

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Buyout Firm Vital Plans $500 Million Africa Fund as Demand Booms

Posted on by The Editorial Team
Buyout Firm Vital Plans $500 Million Africa Fund as Demand Booms

Accra, Ghana (Capital Markets in Africa) — Private Equity firm Vital Capital Investments LP is planning a $500 million investment fund that will focus on African industries overlooked by competitors. Vital Capital Fund II is weighing opportunities in Mozambique, Tanzania, Rwanda, Angola, Ethiopia, Uganda, Cameroon, Ghana and the Ivory Coast, managing partner Eytan Stibbe said in an interview with Bloomberg Brief Sub-Saharan Africa. The firm’s second Africa-focused fund will make as many as 20 investments…

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