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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

XSML finances digital printing company in Congo

Today, XSML, the fund manager active in Central Africa, announced its investment in Quickprint SARL. Quickprint is a newly established digital printing shop based in Gombe, Kinshasa, Congo. Quickprint provides digital printing solutions for corporates, NGOs, small- and medium-sized businesses (SMEs) and individuals.

XSML invests in logistics in Congo

Today, XSML, the fund manager active in Central Africa, announced its investment in SODEP, a Kinshasa based fuel-distribution company. Société Equatoriale de Pétrole (SODEP) is a company that was established in 2006 to transport and distribute fuel in DRC. SODEP procures fuel in Muanda and transports and distributes it by tanker to businesses in Boma, … Continued