Billionaire-Backed P1 Ventures Bets on Africa's Untapped Markets [Yahoo! Finance Canada]
McDonald's Corporation (MCD)
Last mcdonald's corporation earnings: 4/30 06:58 am
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Source: Yahoo! Finance Canada
Most Read from Bloomberg P1 Ventures LLC plans to deploy roughly 50% of its funds in French-speaking countries in North, West and Central Africa and other emerging hubs, according to Hisham Halbouny and Mikael Hajjar, its co-founders and managing partners. The remaining capital will be deployed in Nigeria, South Africa, Egypt and Kenya. Venture capital activity in Africa is concentrated in those so-called big four markets, which collectively accounted for 67% of the continent's $2.2 billion in equity funding deals in 2024, according to a Partech Partners report. “We believe that talent is distributed but capital is not,” Halbouny said. Sign up for the twice-weekly Next Africa newsletter for the latest business and economic news from the continent. The company has built an in-house data science tool to source investment opportunities and its database includes more than 10,000 companies across the continent, Hajjar said. It has more than $60 million in assets under management
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MCD
Earnings
- 2/10/25 - Miss
MCD
Sec Filings
- 3/24/25 - Form 4
- 3/24/25 - Form 144
- 3/11/25 - Form 8-K
- MCD's page on the SEC website