Thursday, Feb 02, 23

$200 million Mastercard Foundation Africa Growth Fund Launched for Investment Vehicles (IVs) to Catalyze Job Opportunities

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$200 million Mastercard Foundation Africa Growth Fund Launched for Investment Vehicles (IVs) to Catalyze Job Opportunities

The Fund-of-Funds invests in African investment vehicles targeting small and medium enterprises (SMEs) and applies Gender Lens Investing (GLI) principles. It provides Business Development Services (BDS) support to investment funds and portfolio SMEs. It targets a major boost in decent jobs for women and youth. The Mastercard Foundation Africa Growth Fund (MFAGF), a Fund of
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