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Finance Africa: Proparco invests USD 17.25 million in Alterra fund

Proparco invests 17.25 million USD in Alterra Africa Accelerator Fund to support private equity growth in East and Southern Africa according to official data from Proparco and AFD Group. The fund managed by Alterra Capital Partners backs profitable companies in essential goods and services and supports over 4,000 direct jobs including 48% women and 60% youth, reinforcing inclusive growth, value creation and long term sustainable development across the African continent.

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