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Africa Growth Fund
News

Read the latest news from the Mastercard Foundation Africa Growth Fund

Our First Investment

Female founded and led Aruwa Capital Management announces final close on Fund I. Oversubscribed fund secures large backing from global institutional LPs

Africa Growth Fund Makes Its First Investment

Naledi Moleo spoke to Samuel Akyianu, Chief of Party of the Mastercard Foundation Africa Growth Fund about the Fund's first investment to Aruwa Capital Management.

Introducing the Mastercard Foundation Africa Growth Fund

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

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$200 Million (USD) Mastercard Foundation Africa Growth Fund Launched For Investment Vehicles (IVs) To Catalyze Job Opportunities

The Mastercard Foundation Africa Growth Fund (MFAGF), a Fund of Funds that works through African investment vehicles to support early-stage, growth-oriented SMEs on the continent, launched today with a committed $200 million (USD). 

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$200M Mastercard Foundation Africa Growth Fund launched for investment vehicles to catalyze job opportunities

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.

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$200 million (USD) Mastercard Foundation Africa Growth Fund Launched for Investment Vehicles (IVs) to Catalyze Job Opportunities

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

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$200m Mastercard Foundation Africa Growth Fund launched to catalyse job opportunities

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

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$200m Mastercard Foundation fund for African SMEs launches

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.

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