UK equity firm starts African expansion in Botswana

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A private equity firm focussing on micro-finance and telecommunications will soon open an office in Gaborone as part of its expansion into the African continent.

The UK's Ariya Capital, a private equity firm specialising in sustainable investments in frontier markets, says it has already sourced manpower for the project that will see it join the few private equity firms that already operate in Botswana.

The Gaborone office, Ariya's first on the continent, will be officially launched in February next year.

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