Monday
March 31
2025

uMunthu Fund Exits Baobab Nigeria

Alitheia Capital and Goodwell Investments have announced the first exit of their joint uMunthu Fund – Baobab Nigeria, a financial institution creating meaningful impact in sub-Saharan Africa by providing inclusive banking services to individuals and MSMEs in underserved areas.

Photo courtesy of Edward Howell.

Source: Africa Global Funds (link opens in a new window)

Categories
Investing
Tags
development finance, financial health, financial inclusion, lending, MSMEs, partnerships, poverty alleviation