Modern Africa Fund Managers

Modern Africa Fund Managers "is a limited liability company incorporated in the United States under the laws of the State of Delaware. Modern Africa Fund Managers has brought together leading financial expertise with an unparalleled understanding of the African markets to participate in this growing market. Initial investors include Citicorp, Société Générale, and Archer Daniels Midland. Other investors include major strategic and institutional investors.

"The Fund’s capitalization is $105 million, comprised of $35 million of equity leveraged by $70 million of debt guaranteed by the Overseas Private Investment Corporation (OPIC). OPIC is a self-sustaining federal agency that offers finance and insurance to U.S. businesses in developing countries."

Staff
Accessed November 2007:
 * Niles E. Helmboldt - Chairman, Executive Committee
 * Stephen D. Cashin - Managing Director
 * C. Timothy Wood - Managing Director
 * Francis Nyirjesy - Chief Financial and Legal Officer

Fund Advisors
Accessed November 2007:
 * Chester A. Crocker
 * C. Payne Lucas
 * Ellen Johnson Sirleaf

Contact

 * Web: http://www.maldimix.com