Africa: World Bank’s IFC to Back Admaius’ $500 Million Virunga Africa Fund II
The indicative commitment follows the strong performance of RSSB-anchored Virunga Africa Fund I The International Finance Corporation (IFC), the private sector arm of the World Bank Group, is considering a major investment in Virunga Africa Fund II, a new $500 million growth equity fund managed by Kigali-headquartered Admaius Capital Partners. According to project information disclosed…