9 years ago
2155 view(s)
A new private equity firm based in Mauritius, Ascent Capital, is looking forword to financing local businesses including start-ups in Ethiopia. The company on Friday officially opened its office in Addis Ababa in Abyssinia Mall near Bole Medhayialem Church. Lucas Kranck, managing partner, told Reporters that Ascent Capital has raised USD 50 million to be invested in Uganda, Kenya and Ethiopia. Kranck, one of the founders of Ascent, said his...