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(Ecofin Agency) – Gulf Capital, an alternative asset management company in the Middle East and the Tunisian private equity firm AfricInvest jointly invested $ 51 million in equity and in the form of loans in the capital of Ison BPO.
The investment was made through Gulf Credit Opportunities Fund II, the second fund of Gulf Capital and through AfricInvest III.
Ison BPO offers technology solutions for the banking and insurance sectors.
Note that this is Gulf Capital's second investment in Sub-Saharan Africa since 2017. This manager, investing in capital and debt, manages more than $ 4 billion of assets in 10 funds and investment vehicles.
Chamberline Moko
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