
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
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...
The future of entrepreneurship with AI
AI-native startups are redefining the nature of entrepreneurship through accelerated scaling. With leaner teams, evolving funding dynamics, ...