CDC Group/IFC/Mbuyu Capital Partners investment in Africa Logistics Properties warehousing project

Overview:

• A consortium of CDC Group, International Finance Corporation and Mbuyu Capital Partners have invested in Africa Logistics Properties’ warehousing developments in Kenya.
• CDC Group has invested $25 million, IFC $10 million and Mbuyu Capital Partners $5 million.
• Africa Logistics Properties' strategy is to acquire, develop and manage modern warehousing across Africa.
• The business aims to reduce waste caused by poor storage, improve security and accelerate the speed of product delivery.

Anna Kozakova - Journalist