Verod Capital Partners gets equity of $15 million from the African Development Bank

African Development Bank has approved a $15 million equity investment in Verod Capital Growth Fund III, a private equity fund that will make investments in high growth middle market companies in Anglophone West Africa including Nigeria, Ghana, Liberia, Sierra Leone and Gambia. Verod Capital Partners is a private equity firm with a strong track record in SME investments with a fund target size of $150m. Verod Capital Partners has historically invested in 16 SME companies in the West African region.

 

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