Injaro Investments Advisors Limited, a leading Ghanaian investment firm, has announced the successful closing of its Injaro Ghana Venture Capital Fund (IGVCF) at GHS 216 million ($17.5 million). This significant milestone will enable Injaro to further its mission of supporting high-growth Small and Medium Enterprises (SMEs) in Ghana and Côte d’Ivoire.
The IGVCF, backed by a diverse group of investors including institutional investors, pension funds, and government-backed initiatives, will provide crucial capital to SMEs operating across key sectors of the Ghanaian and Ivorian economies. These sectors include mining support services, agriculture, education, healthcare, financial services, and light manufacturing.
Founded in 2009, Injaro Investments has a proven track record of supporting businesses across Africa. With over $65 million in assets under management, the firm brings a wealth of experience and a deep understanding of the African market to its investment activities.
The IGVCF will employ a flexible investment strategy, utilizing a combination of debt, equity, and quasi-equity instruments to meet the unique needs of each investee company. This approach will ensure that Injaro can provide the most appropriate form of support to help businesses achieve their growth objectives.
This successful fundraise underscores Injaro’s commitment to driving economic growth and creating positive social impact across the African continent. By providing access to capital and supporting the development of high-growth SMEs, Injaro is contributing to a more prosperous future for the people of Ghana and Côte d’Ivoire.
