AfricInvest is pleased to announce that AfricInvest Fund II has exited from its investment in Kiboko Holdings Limited

AfricInvest is pleased to announce that AfricInvest Fund II has exited from its investment in Kiboko Holdings Limited

20.09.2018

AfricInvest is pleased to announce that AfricInvest Fund II (AF II) has exited from its investment in Kiboko Holdings Limited (KHL), a Mauritius-based company with diverse interests across the East African region in a variety of sectors including FMCG, pharmaceutical manufacturing and distribution, and insurance brokerage. AF II’s exit took place following KHL’s sale of a controlling stake in its pharmaceutical subsidiary, AK Life Sciences Ltd, to a global private equity firm.

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