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Keypoints at NBA-SBL 17th Annual Business Conference -By Adewale Kupoluyi – Opinion Nigeria

Speaking on the urgent need to balance the quest for infrastructural development with the challenge of climate change through its impact on the natural ecosystem and human communities, Oforiokuma said Africa could be a global leader in this regard. According to him, the continent’s contribution to the problem of climate change was so meagre compared to the more industrialised economies and that, if the rules were followed, Africa could become a torchbearer for a more responsible global developmental paradigm.

Premier Business Network, set to host GrowthCon 1.0, Africa's First and Largest Growth-focused conference with 30+ speakers and 500+ attendees in attendance

IFC invests in Uhuru Investment Partners – New Business Ethiopia

Kuramo Capital makes US$10 million commitment to Uhuru Fund I

Africa Business Communities

Finnfund invests in Uhuru Growth Fund I to foster growth of West African businesses

West Africa's Uhuru Investment Partners closes growth fund at $113m with capital support from CDC

Uhuru Investment Partners (Uhuru), a middle-market private equity firm based out of Lagos and Abidjan, announced the first close of Uhuru Growth Fund I (UGF) at $113 million, with capital support from CDC Group (CDC), UK’s development finance institution (DFI), along with other DFI partners, commercial and Impact Investors. UGF’s capital will support enterprises that boost job creation, increase access to goods and services in consumer staples, and enhance access to healthcare and fintech sectors. With a target final close of $200 million, the first-generation fund will invest across the West African region including Nigeria, Ghana, Côte d’Ivoire and other Francophone markets. In addition to CDC, UGF is backed by commercial investors AfricaGrow and Kuramo Capital, in addition to DFIs including European Investment Bank, DEG, SIFEM and Finnfund. Commitment from Uhuru’s partners will provide the vital capital to support local businesses’ economic revival from the COVID-19 pandemic and boost trade across the continent.

Finnfund pumps $10 million into Uhuru Growth Fund I to foster growth of West African fintech

External | what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Finnfund pumps $10 million into Uhuru Growth Fund I to foster growth of West African fintech 4 hours ago Source: Finnfund Finnfund, a Finnish development financier and impact investor, announce today a USD 10 million commitment to Uhuru Growth Fund I (UGF). UGF is the first generation fund focusing on high growth SME and middle market businesses operating in the consumer-facing and financial services sectors. The fund will seek investments in West African countries including Nigeria, Ghana, Côte d’Ivoire and other Francophone West African markets such as Burkina Faso, Mali and Senegal.

CDC Group Supports Uhuru Growth Fund

The Uhuru Investment Partners (Uhuru), a middle-market private equity firm based out of Lagos and Abidjan, has announced the first close of Uhuru Growth Fund I (UGF) at $113 million, with capital support from the CDC Group, the UK’s development finance institution (DFI), along with other DFI partners, commercial and Impact Investors. According to a statement, UGF’s capital will support enterprises that boost job creation, increase access to goods and services in consumer staples, and enhance access to healthcare and fintech sectors. With a target final close of $200 million, the first-generation fund will invest across the West African region including Nigeria, Ghana, Côte d’Ivoire and other Francophone markets.