Mutapa Investment Fund seeks over US$10bn to revamp State enterprises

LIVINGSTONE MARUFUThe Mutapa Investment Fund (MIF) requires more than US$10bn to expand operations across its portfolio companies, as the sovereign wealth fund accelerates its drive to transform State-Owned Enterprises (SOEs) into viable commercial entities.Todate, MIF, has raised US$1bn.This capital mobilisation initiative is intended to increase operational efficiency, expand operations, and support disciplined growth across all…