Kenya: Ascent Capital Raises Sh4.3 Billion for Its Equity Fund

Nairobi — Private equity firm Ascent Capital has raised Sh4.3 billion for its Ascent Rift Valley Fund (ARVF) to be invested in growth enterprises across Eastern Africa.

The firm will invest in eight to 12 countries across the region with a spend size of between Sh87 million and Sh791 million.

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