Private equity firm Vital Capital plans $500M Africa fund as demand booms

Eytan Stibbe, Managing Partner, Vital Capital

Private equity firm Vital Capital Investments LP is planning a $500 million investment fund that will focus on African industries overlooked by competitors.

Vital Capital Fund II is weighing opportunities in Mozambique, Tanzania, Rwanda, Angola, Ethiopia, Uganda, Cameroon, Ghana and the Ivory Coast, managing partner Eytan Stibbe said in an interview with Bloomberg Brief Sub-Saharan Africa.

The firm’s second Africa-focused fund will make as many as 20 investments in industries such as agriculture, water, education, affordable housing, healthcare and clean-energy.

Read more: Buyout Firm Vital Plans $500 Million Africa Fund as Demand Booms – Bloomberg Business

Recommended