The Invictus board recently concluded a visit to Zimbabwe and met with government officials following the confirmation of a gas-condensate discovery at Mukuyu.
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Invictus Energy has signed up private equity firm Mangwana Capital to lead negotiations with Zimbabwean institutional funds that are seeking to invest in the energy prospect. Mangwana Capital manages the Mangwana Opportunities Fund, which holds shares in Invictus and other assets on behalf of 35 local institutional investors, including pension funds such as NSSA. Invictus…