Trustco Group Holdings

11 Results / Page 2 of 2

Business / Economics

Trustco secures N$ 950 million investment

Trustco Group Holdings Limited is finalising deals with key shareholders, including a cash investment of up to NAD 950 million from the United States fund Riskowitz Value Fund LP. The move solidifies RVF as a key anchor foreign investor, allowing Trustco to cement existing investments in the local economy. Quinton Van Rooyen Junior, Trustco's Deputy CEO.

today16 January, 2024

Local

Trustco plans to raise NAD 2.4 billion from shareholders to tap into Namibia’s economic potential.

    Trustco Group Holdings Limited is concluding pivotal transactions with key shareholders that underscore confidence in Namibia's bright economic prospects and Trustco's time tested capabilities to channel investment into high-growth areas. First, Trustco and United States fund Riskowitz Value Fund LP (RVF) will enter into an option to make a cash investment of up to NAD 950 million into Trustco, entrenching RVF as a key anchor foreign investor. The […]

today16 January, 2024