08.08.2011 - Temasek, Oppenheimer to invest $300 mln in Africa
E. Oppenheimer & Son International Ltd., whose primary asset is a stake in diamond miner De Beers SA, together with Singapore-based Temasek Holdings Ltd confirmed Friday they are investing $300 million in a joint venture that will focus on consumer and agriculture companies in the largest economies across Africa. The 50-50 joint venture, to be called Tana Africa Capital, will invest in private consumer goods companies and agriculture assets in countries such as Nigeria and Egypt, which have a large growing class of spenders, E. Oppenheimer & Sonsaid.............................................Full Article: Source
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