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Our Impact

Measuring what matters: Dignified & fulfilling jobs, stronger funds, inclusive economies.

Introduction

Progress on Key Metrics

To understand our impact and improve how we work with our partners, we monitor key metrics across the Fund. These numbers reflect how our investments are supporting African fund managers, growing businesses, and creating decent jobs for young people and women. This data helps us stay accountable—not just to our partners, but to the communities we aim to serve.

Featured News & Updates

Africa Growth Impact News

Five35 Ventures’ Portfolio to Catalyse Further Job Creation as Mastercard Foundation Africa Growth Fund Anchors New Phase of Growth

Five35 Ventures’ investments have already generated more than 1,400 jobs across Africa and attracted over USD $75 million in follow-on capital. Building on this momentum, in October 2025, the Pan-African, female-focused venture capital fund secured an anchor investment from the Mennonite Economic Development Associates (MEDA) Mauritius Foundation, Fund Manager of the Mastercard Foundation Africa Growth Fund.
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The Power of Local Capital Backing Local Founder

Africa’s early-stage investment landscape is evolving rapidly, driven by founders who possess deep local knowledge and investors who understand the continent’s structural realities. At Chui Ventures, our thesis is built on a simple but powerful principle: African problems are best solved by African founders and the most catalytic capital is local capital.
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SEFAA Strengthens Its Mission to Transform Agricultural Livelihoods Across Africa

The Mastercard Foundation Africa Growth Fund is proud to support the Social Enterprise Fund for Agriculture in Africa (SEFAA), managed by Sahel Capital, as it deepens its efforts to unlock opportunities for smallholder farmers and agri-SMEs across Sub-Saharan Africa. 
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Milestones

Work Opportunities Supported

The Fund counts impact across three layers of work, from the entrepreneurs who own each portfolio company, to the people they employ, to the wider value chains they support.
Million
US$ 0
Capital committed across Investment Vehicles
Vehicles
0
Investment Vehicles that have received a commitment
Tier 1 - Primary

Entrepreneur Owners

Founders and co-founders who own the portfolio companies the Fund backs.
0
Against a 2027 target of 200

Women

0 %
66 of 205

Young Women*

0 %
44 of 205

Youth

0 %
106 of 205
Tier 2 - Secondary

Direct Employees

People directly employed by the Fund's portfolio companies across the continent.
0
Against a 2027 target of 15,000

Women

0 %
4,960 of 11,741

Young Women*

0 %
2,618 of 11,741

Youth

0 %
5,260 of 11,741
Tier 3 - Secondary Multi-Level

Value-Chain Workers

Indirect work opportunities across suppliers, distributors, and outgrower networks linked to portfolio companies.
0
Against a 2027 target of 250,000

Women

0 %
194,042 of 442,846

Young Women*

0 %
110,712 of 442,846

Youth

0 %
208,138 of 442,846
How We Count - Primary counts the entrepreneurs who own each portfolio company. Secondary counts direct PC employees. Secondary Multi-Level extends the count to value-chain workers reached through supplier, distributor, and outgrower networks.

* Young Women sit inside both the Women and Youth shares. The three percentages overlap and are not additive.
Data as of May 2026

Testimonials

Impact of The Fund

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