Fintech Afrika Fund

Fintech Afrika Fund

Investment Mandate

The investment mandate for the fund is to invest in a mix of public and private equity, fixed income, and technological and real assets to generate attractive long-term returns for investors.

Our Fund Thesis

Rapid development is being concentrated in a few key hubs that are acting as engines for the emergence of a growing middle class and wave of skilled software developers. A new generation of technology champions is rising, global players are entering the region, and international early-stage capital is flowing in. These trends all point to a continent with vast potential for investment opportunities.

The Fund is dedicated to delivering top-quartile returns and having a strong, positive impact on the region. We believe that Africa is at an inflexion point, and now is the time to invest in its future.

The challenge for investors seeking the “Africa investment alpha” lies in finding a credible partner for your investment needs. MyGrowthFund Venture Partners is a well-managed fund manager with the unique advantage of rich deal flow, strong relationships with regulators, and insights into next-generation startups poised for exponential growth.

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Fund Size USD 80 million
(USD 30 million first close, hard cap USD 80 million)
Fund Size USD 80 million
(USD 30 million first close,
hard cap USD 80 million)
Investment Mandate Disruptive technology
in financial services,
financial service adjacencies
(including reg. tech).
Growth and buyout equity capital
Term 5 + 2 Years
Returns Focus Alpha-adjusted capital growth
Participation % 25% + voting interest
(plus protection)
Ticket Sizes >USD10m + follow-ons
~ R30m deployed
Structure Limited partnership
Fund Size USD 80 million (USD 30 million first close, hard cap USD 80 million)
Investment Mandate Disruptive technology in financial services, financial service adjacencies (including reg. tech)


Growth and buyout equity capital

Term 5 + 2 Years
Returns Focus Alpha-adjusted capital growth
Participation % 25% + voting interest (plus protection)
Ticket Sizes >USD10m + follow-ons ~ R30m deployed
Structure Limited partnership
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MyGrowthFund is committed to reinvesting their share of the Fund’s carried interest into Africa (>20%)

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Scalable entrepreneurship drives long term, sustainable socio economic growth.

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The fund focuses on sectors which look to contribute to solving some of Africa’s key societal problems.

Fund Structure Fixed-term
Minimum LP Contribution USD 5 Million
Deployment Period 3 years
Investor Protection Agreed per ILPA guidelines
Geographical Focus Sub-Saharan Africa