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.
Fund Size | USD 80 million (USD 30 million first close, hard cap USD 80 million) |
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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)
|
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 Structure | Fixed-term |
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Minimum LP Contribution | USD 5 Million |
Deployment Period | 3 years |
Investor Protection | Agreed per ILPA guidelines |
Geographical Focus | Sub-Saharan Africa |