Besides KHC, the PAIP
II's investor base includes African Development Bank, International Finance Corporation, European Investment Bank, and Netherlands Development Finance Company.
funds' investments include consumer lender Letshego Holdings Limited, housing developer Mixta Africa SA, power infrastructure company Consolidated Infrastructure Group and canned tuna processor Thunnus Overseas Group.
Kingdom Zephyr manages the investments of PAIP
II and PAIP
I from offices in Accra, Ghana; Johannesburg; London; and New York.
Temasek and Kingdom Holding Company's partnership in PAIP
II further demonstrates and solidifies our dominance in the Private Equity field in the African continent.
II is targeting up to $500 million in capital commitments of which KHC is planning to inject 50 percent of the total commitments or $250 million, and will make growth capital investments in profitable, growing businesses throughout Africa that operate or plan to operate in more than one African country.
Kingdom Zephyr then launched PAIP
II, making a first close of $325m in 2008 and completing a final close of $492m by February 2010.
II is targeting up to $500 million in capital commitments of which KHC is planning to inject 50 per cent of the fund total commitments or $250 million, and make growth capital investments into profitable, growing businesses throughout Africa that operate or plan to operate in more than one African country.
ROF BELT BEL ERS Larking about with partner Jennifer
This latest contract is the second Airways has been awarded under PAIP
RED The kerb after the council fixed and painted it
This component covers: (i) project management, advisory and administrative support for the Vanuatu Project Management Unit (VPMU) and AVL; (ii) costs for the support services provided to the VPMU and AVL by the PAIP
Technical and Fiduciary Services Unit (TFSU); (iii) incremental operating costs of the VPMU and TFSU; (iv) Very Small Aperture Terminal (VSAT) subscription costs; and, (v) project financial audits
Phase I of PAIP
included projects in Kiribati, Tonga and Tuvalu.