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

thumbnail
hover

The Impact of the Iran Conflict...

Geopolitical shocks are reaching small and medium-sized enterprises faster than ever. According to a recent analysis by Trade Finance Global...

thumbnail
hover

U.S. Small Businesses Pull Back on...

A cluster of fresh data released this week paints a cautious picture for small businesses in the United States: hiring ambitions are fading,...

thumbnail
hover

OECD SME Financing Scoreboard 2026 –...

On 31st May the OECD SME Financing Scoreboard 2026  was released. This report was produced by the OECD Centre for Entrepreneurship, SMEs, R...

CLOSE
CLOSE