Economist magazine writes about Schulze Global in Ethiopia
In a feature article that appeared in the magazine’s May 2012 print edition, the Economist wrote about Schulze Global’s pioneering, $100 million Ethiopia fund. Noting that Ethiopia is Africa’s fastest-growing non-energy economy, the article stated that the country is finally attracting the attention from foreign investors that it deserves:
The latest proof came on May 9th, when Schulze Global Investments, an American investment firm and family office, announced that it had launched a $100m Ethiopia fund, the first private-equity fund focused exclusively on the country. Anchored by at least $15m from Britain’s CDC, a government-owned provider of development finance, and $10m of the family’s own money, the fund will invest in sectors from agribusiness and cement to health care and natural resources.
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