Injaro announces successful final close of IGVCF

December 30, 2023

Injaro Investment Advisors Limited is excited to announce the successful final close of its multi-sector Ghana Cedi denominated private equity fund – the Injaro Ghana Venture Capital Fund (IGVCF).  

The Fund achieved final close with an AUM of GHS 216M on December 29, 2023, receiving commitments from the following limited partners:  Stanbic Investment Management Services, Petra Advantage Pension Scheme and Petra Opportunity Pension Scheme; Databank Asset Management Services (representing the interests of Ghana Education Service Occupational Pension Scheme), the Venture Capital Trust Fund, the Minerals Income Investment Fund and Cal Asset Management Limited.

IGVCF is highly committed to its mandate which is investing in best-in-class SMEs across various sectors such as Food and Agribusiness, Education, Healthcare, Inclusive Financial Services and Industrial Services in Ghana and Côte d'Ivoire. IGVCF provides Injaro with an opportunity to contribute to the creation of thousands of jobs, building upon the impact we have already made on over 3 million beneficiaries through our other funds. Ultimately, we seek to invest Ghanaian capital, fostering the growth of Ghanaian businesses and the economy, whilst simultaneously ensuring the future financial wellbeing of  the pensioners whose money we invest.

The Fund has already made its inaugural investment in Zeepay Ghana Limited, and is still in full deployment mode, accepting funding applications from companies.

To learn more about us and what we do, visit our website at https://www.injaroinvestments.com/

To apply for funding and to grow your business with us, kindly complete the application form available at https://www.injaroinvestments.com/apply