French Development Agency (AFD) News

XSML Capital announces final close of African Rivers Fund at $50 million

XSML Capital announces final close of African Rivers Fund at $50 million

XSML Capital, the fund manager active in Central & East Africa, last week announced its final close of the African Rivers Fund at $50 million.

President Jose Eduardo Dos Santos (Left) walks with his French counterpart Francois Hollande by guards of honor at the Presidential Palace in Luanda on July 3, 2015 (AFP Photo/Alain Jocard)

France & Angola sign business deals from oil to hotels

France and Angola on Friday signed business agreements covering a wide range of economic sectors from oil to hotels, which are potentially worth several hundred million dollars, French officials said.