Successes of the AfricaGrow umbrella fund since its founding

Summary

Original text of the question(s):<br /> <br /> What are the successes of the Africa Grow umbrella fund, which KfW Development Bank GmbH founded on behalf of the Federal Ministry for Economic Cooperation and Development (BMZ) together with Allianz Global Investors in November 2019 to provide financial resources for African private equity and venture capital funds (see Bundestag printed matter 19/16928, response from the Federal Government to Question 10), ten months after its founding (for example with regard to making investments, recruiting private investors or additional investment funds), and how, according to information from the Federal Government, the decision was made to provide the fund manager Allianz Global Investors with the newly founded subsidiary of DEG - Deutsche Investitions- und Entwicklunggesellschaft mbH, DEG Impact, in an advisory capacity (www.private-banking-magazin.de/seit-1-juli-operativ-taetig-deg-impact-will-beratungsmandate-uebergehen/)?

Machine translation from German. The official text remains authoritative.

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