Private equity firm Phatisa's $246M agriculture fund invests in Kenya's General Plastics

Phatisa’s $246 million African Agriculture Fund has invested in General Plastics, a Kenyan manufacturer of packaging products, the private equity firm said on Wednesday.

Private equity activity is increasing in Africa where investors are keen to tap into expanding free markets, rapid urbanisation and an increasingly wealthier population.

Read more: Phatisa's agriculture fund invests in Kenya's General Plastics | Reuters.

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