New capital fund of $30-million launches for Southern Africa SMEs
October 21th, 2020 – Secha Capital, a Southern African investment impact firm that provides long-term capital to established SMEs, has announced the closure of its second fund worth $30-million (R400-million) to support established SMEs in the region.
The fund adopts an impact investment model and aims to accelerate the growth of the selected SMEs, fostering economic growth within the small business sector.
More…https://ventureburn.com/2020/10/new-capital-fund-of-30-million-launches-for-southern-africa-smes/
Written by Venture Burn
Related Post
SME Performance Review: the Annual Report...
Despite ongoing economic headwinds and geopolitical uncertainties, Europe’s 26.1 million SMEs continue to demonstrate remarkable resilienc...
How small businesses can navigate global...
Micro, small, and medium-sized enterprises represent the vast majority of businesses worldwide and are vital to global employment, yet they ...
Equipping SMEs with the skills to...
SMEs and entrepreneurs heavily depend on skills to stay competitive and face greater challenges than larger firms in accessing and retaining...
