Vital Capital Raising $500M for Africa-focused Fund
June 26, 2015
Vital Capital Investments is reportedly planning a $500 million Africa-focused fund, targeting investments in industries such as agriculture, education, healthcare and clean energy. The vehicle has a $700 million hard cap and is expected to hold a first close by year end, according to the report. Focused on impact investing in Sub-Saharan Africa, Vital Capital raised $350 million for its first fund.