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XSML invests in Congolese Pharma

Today, XSML, the fund manager active in Central Africa, announced the investment of its African Rivers Fund (ARF) in B.I.S., a Congolese manufacturer of generic pharmaceutical products. For over 20 years, B.I.S. has been producing and marketing tested solutions to prevent and cure infections to ears, eyes and throat, for the local market.

XSML announces first investment by African Rivers Fund

Today, XSML, the fund manager active in Central Africa, announced the first investment of its African Rivers Fund (ARF) in Institut Aurora. Institut Aurora offers nursery, primary and secondary education to the population of Kinshasa. The school offers both a French Lycee curriculum as well as an English IB and a Montessori program.

XSML announces first close of African Rivers Fund at USD 45 million

Today, XSML, the fund manager active in Central Africa, announced the first close of the African Rivers Fund at USD 45 million. The African Rivers Fund is XSML’s second fund under management, after its maiden fund the Central Africa SME Fund (CASF), bringing total assets under management to USD 65 million.

XSML finances land development in Congo

September 26, 2014 Today, XSML, the fund manager active in Central Africa, announced its investment in Manoah Investments SARL based in Lubumbashi, DRC. The investment by XSML will be used to develop plots of land for residential use in Lubumbashi. Manoah Investments is active in meat processing and owns a bakery in Lubumbashi, Katanga.

XSML finances pipes and pumps in Congo

September 8, 2014 Today, XSML, the fund manager active in Central Africa, announced its investment in Hydrotek SARL based in Lubumbashi, DRC. Hydrotek sells pipes, pumps and valves for water and other liquids and provides installation & maintenance services. The company’s main customers are mining companies and the local water company in Katanga, DRC. The … Continued