March 5, 2011 | General News
NIGERIA TO BENEFIT FROM CARLYLE'S $750M FUND
Nigeria is to benefitĀ from Carlyle'sĀ $750m (N541.2m) fund to invest in Africa.
The fund, which will soon be unveiled, will be run by a three-member team based in Johannesburg, Zimbabwe and Nigeria, sources said.
The buyout group, which already has a significant foothold in North Africa, is looking to tap into a continent long ignored by big its global peers.