Oasis Capital Ghana first close Oasis Africa VC Fund USD 27 million

  • Public

21 September 2016 - Oasis Capital Ghana has completed the first close of the fund Oasis Africa VC Fund (OAF) at USD 27 million.

Oasis Capital Ghana has announced the first close of its second fund, Oasis Africa VC Fund (OAF). OAF will invest in SMEs in Ghana and Ivory Coast.

Essential services

The fund amounts to USD 27 million and will focus on essential services including education, financial services, housing, healthcare, food services and hospitality.

Investments through the fund are expected to comprise approximately 50 percent debt and 50 percent equity.

DGGF core mission

The tailored investment instruments and the focus on smaller SMEs in clearly underserved market segments in Ivory Coast and Ghana directly reflect the core mission of DGGF.