A fund aimed at supporting economic growth and job creation in Africa through investments in various sectors.
Chui Ventures surpasses $10 million target at close of first fund
Chui Ventures raised $17.3 million for its debut fund, surpassing its $10 million target. The fund received commitments from diverse sources, including the Mastercard Foundation Africa Growth Fund.
Chui Ventures closes $17.3M Fund I to back African startups
Chui Ventures closed its debut Fund I at $17.3 million, surpassing the initial target of $10 million. The fund has attracted commitments from over 30 high-net-worth individuals and institutions, with 90% of investors being African.
Aruwa Capital Management Secures $35 Million to Boost Women-Led Businesses in West Africa
Aruwa Capital Management secured $35 million in the second close of its gender-focused fund, Aruwa Capital Fund II. The fund aims to address the early-stage financing gap for women-led and gender-diverse enterprises in Nigeria and Ghana.
Aruwa Capital nears $50M target as it closes $35M for gender-focused fund II
Aruwa Capital Management secured $35 million for its second fund, Aruwa Capital Fund II. The firm is targeting a final close of $50 million, with a hard cap of $60 million.
