Alta Semper plans to invest USD 200 mn in health, consumer sectors in Africa, including Egypt

INVESTMENT WATCH- Alta Semper plans to invest USD 200 mn in health, consumer sectors in Africa, including Egypt: London-based private equity firm Alta Semper is planning to invest USD 200 mn in the health and consumer sectors in Egypt and the rest of Africa over the next two years, Cairo office director Ahmed Rady tells Al Mal. It remains unclear whether the firm has its eye on any specific investments in Egypt at the moment. Alta Semper’s first investment in Egypt was back in 2016, when it partnered with CI Capital Partners to acquire a stake in healthcare products outfit Macro Pharma. The firm opened on Tuesday a new office in Cairo to serve Egypt and the region.