Verdant Capital Hybrid Fund completes an additional investment of USD 4.5 million in LOLC Africa
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Verdant Capital Hybrid Fund Completes an Additional Investment of USD 4.5 Million in LOLC Africa
Verdant Capital is pleased to announce that its Verdant Capital Hybrid Fund (the “Fund”) has completed an additional investment of USD 4.5 million in LOLC Africa Singapore Limited (“LOLC Africa”). This investment brings the total investment in LOLC Africa to USD 13.5 million. This follows the initial investment of USD 9 million in LOLC Africa, completed in June 2023. Both investments are structured as holding company loans, and they are being di…
LOLC Africa Bags Extra USD 4.5 M From Verdant Capital To Finance MSMEs
Verdant Capital has made an additional investment of USD 4.5 M in LOLC Africa through its Verdant Capital Hybrid Fund, bringing its total investment in the company to USD 13.5 M. This latest round follows Verdant’s initial investment of USD 9 M completed in June 2023. Both tranches are structured as holding company loans, designed to expand LOLC Africa’s flexibility in allocating capital across its network of subsidiaries in Zambia, Rwanda, Egyp…
Verdant Capital Hybrid Fund completes an additional investment of USD 4.5 million in LOLC Africa
The investment will support LOLC’s global expansion strategy in Africa, by financing MSMEs, thereby fostering financial inclusion, employment creation, income generation, and economic growth JOHANNESBURG, South Africa, April 7, 2025/APO Group/ — Verdant Capital (www.Verdant-Cap.com) is pleased to announce that its Verdant Capital Hybrid Fund (the “Fund”) has completed an additional investment of USD 4.5 million in LOLC Africa Singapore Limited…
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