Cepheus Growth Fund has almost raised $100m with the help of Soros

Cepheus Growth Fund has almost raised $100m with the help of Soros

The Soros Economic Development Fund (SEDF), an investment fund created by Hungarian-born US billionaire George Soros, has committed $10m to the Ethiopian Cepheus Growth Fund, which invests in Africa in the agriculture, services and manufacturing sectors.

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            ▪ Cepheus Growth Fund has almost raised $100m with the help of Soros

▪ The Soros Economic Development Fund (SEDF), an investment fund created by Hungarian-born US billionaire George Soros, has committed $10m to the Ethiopian Cepheus Growth Fund, which invests in Africa in the agriculture, services and manufacturing sectors.

https://www.africabusinessplus.com/en/799358/cepheus-growth-fund-has-almost-raised-100m-with-the-help-of-soros/

SEDF currently has $157m in assets under management worldwide, with a cost of entry ranging from €1m to €20m. In Africa, the fund is involved in seven projects totalling $21m. SEDF did not specify the nature of the projects.

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