Wealthy families plan investments in Africa
ONE Thousand & One Voices, a private equity scheme backed by “influential families” from around the world, established its Johannesburg office last week and is poised to invest $300m across various sectors in South Africa and sub-Saharan Africa.The movement, which says it will invest “relational, intellectual and patient financial capital” to generate investment returns and to have an effect on the continent, launched at the World Economic Forum in Cape Town in May.
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