/CNW/ - The Mastercard Foundation Africa Growth Fund (The Fund), a Fund-of-Funds of African investment vehicles (IVs) to support early-stage, growth-oriented.
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· The Fund-of-Funds invests in African investment vehicles targeting small and medium enterprises (SMEs) and applies Gender Lens Investing (GLI) principles.
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). The goal of the Mastercard Foundation Africa Growth Fund is to enable dignified and fulfilling work for…
· The Fund-of-Funds invests in African investment vehicles targeting small and medium enterprises (SMEs) and applies Gender Lens Investing (GLI) principles. · It provides Business Development Services (BDS) support to investment funds and portfolio SMEs. · It targets a major boost in decent jobs for women and youth. ACCRA, Ghana, 1 December 2022…