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Start-up support Africa

Sector: Government • Location: Africa NA

Source: KFW Bank aus Verantwortung

Project
Active

The aim of the Partech Africa Fund (PAF) is to improve access to equity financing (needs-based growth/venture capital) for young, innovative SMEs (start-ups) with high growth potential in Africa. The innovative character can lie in particular in the use of digital technologies, but also in innovative business models. This is intended to contribute to the creation of sustainable jobs and economic g

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The project “Start-up support Africa” is an infrastructure initiative in the Government sector, located in Africa NA. Taiyo aggregates data on it from KFW Bank aus Verantwortung.

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Participants

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Description

Description

The aim of the Partech Africa Fund (PAF) is to improve access to equity financing (needs-based growth/venture capital) for young, innovative SMEs (start-ups) with high growth potential in Africa. The innovative character can lie in particular in the use of digital technologies, but also in innovative business models. This is intended to contribute to the creation of sustainable jobs and economic growth. KfW has been participating in the Partech Africa Fund on behalf of the BMZ since 2018. In addition to international development financiers such as IFC, EIB, AFDB (Boost Africa) and FMO, the fund is financed by well-known European and African private investors such as Orange, LOréal, Bertelsmann and Axian Group. The Partech Africa Fund is part of the investment platform Partech Partners, which was founded in Silicon Valley in 1982 and specializes in financing start-ups in the digital and technology sector.

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High

Data quality score

100%

Source

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