Thursday
February 15
2024

Injaro Raises $17.5 Million Fund to Support SMEs in Ghana and Ivory Coast

By Tapiwa Matthew Mutisi

Ghana-based multi-sector fund investor, Injaro Investments Advisors Limited, recently announced the closing of its Ghana Cedi-denominated private equity fund, Injaro Ghana Venture Capital Fund (IGVCF), at GHS 216 million ($17.5 million).

The fund attracted investors such as Venture Capital Trust Fund, Minerals Income Investment Fund Ghana, and several local pension funds including Stanbic Investment Management Services, PETRA Securities, Databank Group, and CAL Asset Management Company Ltd.

Source: Innovation Village (link opens in a new window)

Categories
Investing
Tags
MSMEs, venture capital