GroFin Africa Fund
Sector: Government • Location: Africa Region
Source: International Finance Corporation (IFC)
_x000C_GroFin Africa Fund (GAF or the Fund) is a $130 – 150 million fund that will invest in small and medium enterprises (SMEs) companies in sub-Saharan Africa. The objectives of the Fund are:
- Providing financing and active management oversight to small and medium enterprises (SMEs) that demonstrate potential for profitable growth in sub-Saharan Africa, starting out with seven countries, name
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | _x000C_GroFin Africa Fund (GAF or the Fund) is a $130 – 150 million fund that will invest in small and medium enterprises (SMEs) companies in sub-Saharan Africa. The objectives of the Fund are: - Providing financing and active management oversight to small and medium enterprises (SMEs) that demonstrate potential for profitable growth in sub-Saharan Africa, starting out with seven countries, namely, Kenya, Tanzania, Uganda, Rwanda, Ghana, Nigeria and South Africa, and then identifying and expanding to more countries using the same transferable business model; - Providing returns to investors through dividends and capital gains from these investments in small businesses. The Manager plans to reach more than 500 companies, in contrast to a typical private equity fund that invests in 10-15 companies. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |