ECP Acquires Stake in Inter Africa Transport Forex
Posted On: 13 Jun 2019 | Source(s): Emerging Capital Partners, Bloomberg | Author(s): Loni Prinsloo
Pan-African private equity fund manager Emerging Capital Partners (ECP) has agreed to acquire a majority stake in Mauritius-based Inter Africa Transport Forex through its fourth flagship fund. The financial technology company provides a platform that enables transportation and shipping companies to procure, manage, and track their expenditures across 11 countries. Financial details of the transaction were not disclosed.