African Management Services Company (AMSCO) client, Catalyst Principal Partners announced their plans to invest in East Africa for the next four years after securing US$ 125 million ON 8 November 2012.
According to the private equity house’s CEO, Paul Kavuma, the Catalyst Fund 1 will be invested in a range of consumer growth-related opportunities in and around the region. The company plans to place the fund in consumer goods, retail, technology, services, manufacturing and engineering.
“Our approach is to address this emerging regional consumer, with our investment focused on mid-market dynamic companies that are the engine for economic growth,” said Kavuma at a press conference at the time. The new fund will target investments in Kenya, Uganda, Tanzania, Ethiopia, Rwanda and the Democratic Republic of Congo.
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