26.10.2011 Other Voices: Africa needs flexible capital as well as patient capital
By Kayode Akindele, Funsho Allu and Fred Binka: partners of 46 Parallels LLP, an investment management business based in London and Lagos.

The current focus on supplying finance to the microfinance/SME sector is admirable, but orphans a swathe of important companies across Sub Saharan Africa (SSA). These African enterprises, termed “graduating SMEs”, have outgrown the SME lenders(loans up to $

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