Fund name | DevCap Impact Fund |
---|---|
Target size of aggregated fund | US$50 million |
Minimum commitment | US$3 million |
Region | West Africa (Nigeria, Ghana, Ivory Coast, Senegal and Benin) |
Sector focus | Agribusiness, consumer goods, consumer services, and clean technology |
Investment period | 3 to 5 years from first close |
Fund life | 10 years |
Instrument types | Equity, convertible preference shares and convertible debt |
Ticket size | US$250k – US$4 million in proven scalable business operations |
Domiciliation | Mauritius |