Swedfund Invests $15 Million in AGIF II to Support African SMEs and Job Creation
Swedfund invests $15 million in TLG Capital’s AGIF II to support African SMEs. AGIF II focuses on SMEs experiencing financial stress, providing flexible debt solutions.
Swedfund backs TLG fund with $15 million to strengthen SMEs
Swedfund invests $15 million in TLG Africa Growth Impact Fund II to support SMEs in Africa. The SME finance gap in sub-Saharan Africa is estimated at $331 billion.
Sawari Ventures plans to support more African startups with a new $200 million fund.
Sawari Ventures II to launch in early 2025 with a target of $200 million. 70% of the fund, or $140 million, allocated to Egyptian startups.
Sawari Ventures to back more African startups with new $200 million fund
Sawari Ventures II targets raising $200 million for investment. Approximately 70% of the fund will be allocated to Egyptian startups.
