Pan-African bond fund ALCB takes a bite out of KKO’s chocolate in Abidjan
Under the leadership of Lion’s Head, the African Local Currency Bond fund has taken half of the FCFA private issue of the Euronext-listed SME with headquarters in Paris and Abidjan.
Someone shares this article with you
▪ Pan-African bond fund ALCB takes a bite out of KKO’s chocolate in Abidjan
▪ Under the leadership of Lion’s Head, the African Local Currency Bond fund has taken half of the FCFA private issue of the Euronext-listed SME with headquarters in Paris and Abidjan.
▪ https://www.africabusinessplus.com/en/815244/pan-african-bond-fund-alcb-takes-a-bite-out-of-kkos-chocolate-in-abidjan/
This is the latest in a long series of investments but the first in agribusiness. The African Local Currency Bond (ALCB) fund, registered in Luxembourg, has subscribed to half of the private placement of the emerging cocoa and chocolate manufacturer KKO International subsidary Solea
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Private Equity
15/01/2024 at 17h29, by Aurelie Benoit, updated 16/01/2024
African Local Currency Bond Fund, dedicated to corporate bonds, attracts new LP
The vehicle, launched by the German KfW, has been active since 2012 and continues to attract institutional...
Agribusiness
02/05/2023 at 17h18, by Estelle Maussion
The Africa team of new Barry Callebaut CEO Peter Feld
With the Swiss chocolate giant’s new CEO Peter Feld taking the helm at the start of April, replacing...
Private Equity
13/04/2023 at 15h33, by Africa Business+
EFG Hermes and Coca-Cola executives lead TCV moves on second vehicle
The trio of investors, from large Egyptian and international groups, are targeting midcap companies...
Insurance
09/12/2022 at 19h07, by Africa Business+
MAC SA leads €13.3m listing of Maghrebia Vie on Tunis Stock Exchange
The direct and indirect subsidiary of Abdelaziz Essassi’s diversified holding UFI Group is putting 30%...
Development Bank
30/09/2022 at 17h00, by Africa Business+
Proparco re-invests in frontier currency guarantee fund TCX
The “Currency Exchange Fund”, initiated by several European development institutions and governments...
New technologies
17/11/2020 at 17h07, by Africa Business+, updated 18/11/2020
KfW, IFC, Proparco and EFSD make up TCX’s latest financing ($200m)
The Currency Exchange Fund (TCX), a vehicle created in 2007 to tackle currency risk in developing economies,...
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on at the bottom of your screen.
2. Click on to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.