XSML Supports the Education Sector in Congo
Netherlands-based private equity fund manager XSML has invested in Le Palmier, an education institution operating three schools in the Democratic Republic of the Congo (DRC). XSML made the investment through its Central Africa SME Fund, which provides capital and managerial support to entrepreneurs in DRC and the Central African Republic. XSML’s investment will support the construction of a fourth school in Lubumbashi. Financial terms of the transaction were not disclosed.