Cairo – Mubasher: The UK-based investment fund DPI has unveiled plans to launch a new investment fund in Africa and Egypt at a capital ranging between $700 million and $800 million in 2019.
The Africa-focused buyout firm is expected to invest in the health, education, and industry sectors in the world's second largest continent, sources told local newspaper Alborsa.
The investment fund owns a 33.3% stake in B.Tech which worth $35 million, in addition to owning other stakes in Tasaheel and Mashroey [My Project].