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Read the latest news from the Mastercard Foundation Africa Growth Fund

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Mastercard Foundation Africa Growth Fund Newsletter

We’re thrilled to unveil our LinkedIn newsletter, designed exclusively for passionate members of the impact investing community.
MCF African Management Initiative

Mastercard Foundation Africa Growth Fund breaking barriers, expands its portfolio with three new deals empowering African entrepreneurs

The Mastercard Foundation Africa Growth Fund (the Fund) is pleased to announce that three Investment Vehicles (IVs) received investment approvals: Chui Ventures, VestedWorld, and SME Impact Fund. These strategic investments mark a milestone for the Fund as it expands its total to five funds, solidifying its commitment to fostering impactful investments for sustainable economic growth across Africa.
Aruwa_Capital_Investment

Our First Investment: Aruwa Capital Management, Nigeria

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

Guest Features

Samuel Akyianu

Mastercard Foundation Africa Growth Fund makes its first investment into Aruwa Capital Management

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.

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Hugues Vincent-Genod

Introducing 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

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

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.

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Dorothy-Nyambi

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

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.

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Young women and investing

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

Disrupt Africa

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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Two women selling their produce

$200m Mastercard Foundation fund for African SMEs launches

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.

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