Singapore’s GIC Plans to Invest in African Rainbow Capital Investments

Posted on 08/25/2017


South African billionaire Patrice Motsepe had founded African Rainbow Capital Limited, a listed South African financial services company. African Rainbow is seeking to raise 4 billion ZAR (US$ 303 million) by selling shares in the company’s investment unit to key investors. The unit is called African Rainbow Capital Investments. South Africa’s Public Investment Corporation (PIC), […]