Vital Capital Exits Two Infrastructure Projects in Angola (Sub-Saharan Africa)
Source: Vital Capital
Vital Capital, an impact investing firm primarily focused on Sub-Saharan Africa, has exited two Angola-based infrastructure projects: Sumbe-Gabela-Waku Kungo, an electricity transmission line project, and Water For All, a potable water distribution project. Cumulatively, the two exits yielded a reported IRR of over 24 percent. Financial details of the transactions, which were structured through Vital Capital Fund, were not disclosed.