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Nkontchou brothers’ Enko Capital takes shares in AMI Logistics, based in Dubai

Nkontchou brothers’ Enko Capital takes shares in AMI Logistics, based in Dubai
  • Comments   -   Thursday, 17 August 2017 08:54

(Business in Cameroon) - The investment fund Enko Capital, co-founded by Cameroonian financiers Alain and Cyrille Nkontchou, has taken a minority shareholding in the equity capital of the logistics company AMI Logistics, based in Dubai, we learn from reliable sources.

"We have the conviction that the synergy created through the merger between the two actors will give birth to one major player in logistics in Africa, and we are already delighted to support the growth of their activities across the continent", commented Cyrille Nkontchou. In the month of March 2015, Enko Capital had already announced taking a minority shareholding in the Zambian financial services group Madison Financial Services PLC. All these acquisitions are being made through Enko Africa Private Equity Fund (EAPEF), a fund dedicated to investment in Africa, whose closing amounted to $ 64 million (about FCfa 35.7 billion).

BRM

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