Today, fund manager XSML announced its first investment in the Central African Republic (CAR) through its Central Africa SME Fund. The investment in Millenium Telecom, an Internet Service Provider, will offer reliable and affordable high speed internet access to individuals and businesses in the CAR.
News By Year: 2012
In 2010, the World Bank focused on these countries in our World Development Report on Conflict, Development, and Security. One of the conclusions of that report was that private sector development is a key factor in infrastructure and logistics, local banking, service delivery, and job creation – to show early results as well as longer-term … Continued
Investment in Central Africa is in its early stages and already the fearless few, attracted by vast opportunities in natural resources, have started to test the waters.