Mastercard Foundation Africa Growth Fund Homepage
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Africa Growth Fund
Adesuwa Okunbo Rhodes

Bringing Real Economic Change

We are Fund-of-Funds Investing in African-owned and African-led investment Vehicles

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Unveiling The Fund Newsletter

We’re thrilled to share our LinkedIn newsletter, designed exclusively for passionate members of the impact investing community.

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MCF African Management Initiative

Introducing Our Incoming Fund Managers

We are excited to welcome Chui Ventures, Vested World, and SME Impact Fund to our expanding family of investment vehicles.

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Empowering Real Economic Growth

Discover the transformative impact of the Mastercard Foundation Africa Growth Fund, a trailblazing Fund-of-Funds operating through African Investment Vehicles and Fund Managers to instigate systemic change within the ecosystem. 

We back Fund Managers who, in turn, champion early-stage, growth-oriented SMEs across the African continent.

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We invest in African-owned and African-led Investment Vehicles, domiciled in Africa

This encompasses diverse entities such as first-time fund managers, emerging fund managers, private equity funds, venture capital funds, debt funds, permanent capital vehicles, and more.

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We are the largest Impact Investment Fund-of-Funds

We owe our success to a dynamic consortium of partners led by Mennonite Economic Development Associates. Each partner brings unique expertise, contributing significantly to our impactful initiatives.

Our Partners →

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Calling Fund Managers

Are you a fund manager looking to make a difference? Explore the possibilities with us. Learn more about our mission and submit your application to get involved.

Apply Today