Côte d’Ivoire, Senegal, Burkina Faso: Adiwale Partners steps up a gear with closing of fund

Côte d’Ivoire, Senegal, Burkina Faso: Adiwale Partners steps up a gear with closing of fund

With €60 million in the final closing of its first fund in early October, the West African private equity firm will continue exploring these three priority countries for the rest of the year.

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            ▪ Côte d’Ivoire, Senegal, Burkina Faso: Adiwale Partners steps up a gear with closing of fund

▪ With €60 million in the final closing of its first fund in early October, the West African private equity firm will continue exploring these three priority countries for the rest of the year.

https://www.africabusinessplus.com/en/809307/cote-divoire-senegal-burkina-faso-adiwale-partners-steps-up-a-gear-with-closing-of-fund/

After a first closing at €50 million at the end of October 2019, Adiwale Fund I, LP (AF1) was closed on 1 October at €60 million. A final injection of around €9 million was made by the International Finance Corporation (IFC), a subsidiary of the World Bank Group dedicated to the private sector and headed by Senegalese Makhtar Diop.

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