At the end of June, the Group announced a series of transactions, which will see it expand its African investment portfolio, with a particular focus on renewable energy and financial services that promote financial inclusion.Following the decision to implement these in stages, some of the transactions’ terms were renegotiated to ensure that Ecsponent maximises the benefit from each one. As a result, we informed the market yesterday that the relevant circulars will be posted later than originally anticipated.

 

We remain confident that the anticipated asset growth and diversification across high-growth sectors and geographies, as well as the further addition of hard currency revenue streams will continue to support the growth trajectory the Group has reflected over the past seven years.

 

We will keep you informed about the exact distribution dates and other developments.