Injaro announces final close of Ghana Venture Capital Fund

Injaro Investment Advisors Limited is excited to announce the successful final close of its multi-sector Ghana Cedi-denominated private equity fund – the Injaro Ghana Venture Capital Fund (IGVCF). The Fund, which is backed by local pension funds, achieved a final close with an AUM of GHS 216M on December 29, 2023.

IGVCF is highly committed to its mandate which is investing in best-in-class #SMEs across various sectors such as Food and Agribusiness, Education, Healthcare, Inclusive Financial Services, and Industrial Services in Ghana and Côte d'Ivoire. IGVCF provides Injaro with an opportunity to contribute to the creation of thousands of jobs, building upon the #impact we have already made on over 3 million beneficiaries through our other funds. Ultimately, we seek to invest Ghanaian capital, fostering the growth of Ghanaian businesses and the economy, whilst simultaneously ensuring the future financial wellbeing of the pensioners whose money we invest.

The Fund has already made its inaugural investment in Zeepay Company Limited, and is still in full deployment mode, accepting funding applications from companies.