Wednesday
February 5
2025

Verdant Capital Makes $2 Million Mezzanine Investment in UsPlus

Verdant Capital has announced that its Verdant Capital Hybrid Fund has completed an investment of $2 million – structured as junior convertible debentures – in South Africa’s UsPlus.

UsPlus provides flexible working capital solutions to SMEs in South Africa.

Photo courtesy of martinaH79.

Source: Africa Private Equity News (link opens in a new window)

Tags
business development, MSMEs, venture capital