| FIPA 1st Close Press Release |
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Fundo de Investimento Privado Angola (FIPA) is the first Private Equity (PE) fund of its kind. The fund manager is optimistic about the prospects of investing in Angola, one of the world’s fastest growing economies over the last few years. The first closing of FIPA represents a milestone for the development of the capital market in Angola. By linking local capital markets with international sources of finance, the 28 Million USD fund will target small and medium sized privately owned businesses (SMEs). |