US investors target Maghreb opportunities

US-based Emerging Capital Partners (ECP) will announce on Monday (July 26th) that it has raised $613 million for a fund aimed at making deals in Africa, including the Maghreb, the Financial Times reported on Sunday. ECP co-founder and chief executive of Hurley Doddy said Africa was “less affected by the financial crisis than most places”. The move by the Washington-based ECP underscores investors’ growing taste for African private equity, said the paper. Africa’s emerging and frontier equity funds last week attracted net inflows of cash, Reuters reported on Monday.

Source :


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: