Launch Africa Ventures has unveiled the Launch Africa Mezzanine Impact Fund. The Fund will provide more growth capital to African and GCC technology companies to unlock M&A and market expansion opportunities, MBOs and other growth strategies.
Anthony Moore has now been appointed as the new Executive Chairman of the Launch Africa Mezzanine Impact Fund.
The mission of the Mezzanine Impact Fund is to ensure that we continue to build a generation of innovators who own their businesses commercially, so that equity remains in the hands of the founders, driving job creation and developing products that improve the quality of life of all Africans.
The Launch Africa Mezzanine Impact Fund invests mezzanine growth capital into leading technology companies that demonstrate strong ESG principles, across multiple sectors and deliver tangible returns, to unlock scale for Africa’s most impactful businesses.
The Fund will fill part of Africa’s much-needed funding gap at the growth stage, providing bespoke financing solutions for impactful technology businesses. With an estimated funding gap of USD 400bn+ for growth-stage African businesses.
The Fund will seek to help solve the shortfall that growing companies face in finance while working alongside ecosystem partners to encourage growth, job creation, deeper alignment to SDGs and greater opportunities to balance gender inequalities.
The Fund’s value proposition will extend beyond financial investment, working closely with portfolio companies to drive management improvement, enhance governance and importantly, facilitate the implementation of new strategies that help our companies to diversify their offering and optimize operations.
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