Africa in Business

The Mastercard Foundation Africa Growth Fund has made its first investment into Aruwa Capital Management, a Lagos-based female-founded company. The Fund has committed 200-million US dollars to enable dignified and fulfilling work for young people with a key focus on young women.

For more on this initiative, Naledi Moleo spoke to Samuel Akyianu, Chief of Party of the Mastercard Foundation Africa Growth Fund.

Uxolo

Listen to Hugues Vincent-Genod from Investisseurs et Partenaires, an impact fund manager active in 10 markets specialised and dedicated to Africa discuss the launch of the launch of the Africa Growth Fund

PML Daily

The Fund-of-Funds is bold and catalytic, helping to crowd in capital for African entrepreneurs by strengthening and de-risking African investment vehicles that are committed to advancing gender equity in entrepreneurship.

The Guardian (Nigeria)

The Fund-of-Funds invests in African investment vehicles targeting small and medium enterprises (SMEs) and applies Gender Lens Investing (GLI) principles.

Disrupt Africa

The goal of the Mastercard Foundation Africa Growth Fund is to enable dignified and fulfilling work for young people, particularly young women. 

Biz Community

The Mastercard Foundation Africa Growth Fund (MFAGF) has launched, which is a fund of funds that works through African investment vehicles to support early-stage, growth-oriented SMEs on the continent.