Africap recently sold its stake in First Allied Savings and Loans (FASL) of Ghana to a strategic investor. The sale resulted in a 25% Internal Rate of Return on the original investment of $550,000 made in April 2004 for a 33% stake in FASL.
Continue reading “A Successful Exit for Microfinance Investment: AfriCap Sells Stake in First Allied Savings and Loan of Ghana”
Similar Posts:
- MICROCAPITAL BRIEF: Echosys, Rgreen Raise $93m for Solar Power for SMEs in Africa via Afrigreen Debt Impact Fund
- SPECIAL REPORT: Digitizing Microfinance to Meet Customer Needs via an Incremental Approach #EMW2023
- MICROFINANCE EVENT: MEDA Convention; November 2-5, 2023; Toronto, Canada
- MICROCAPITAL BRIEF: Goodwell Launches uMunthu II Fund for SMEs in Africa
- MICROCAPITAL BRIEF: Abler Nordic Sells Equity Stake in Microfinance Institution Baobab Senegal, Retains Holding in Parent Company
