Home Uhuru Growth Fund I Uhuru Growth Fund I In brief Uhuru Growth Fund I is a mid-market private equity fund that will provide growth capital to mid-market companies across West Africa, focusing on Nigeria, Ghana, Cote d’Ivoire, Burkina, Faso, Mali, and Senegal. Uhuru Growth Fund I will invest in high-growth sectors, emphasising consumer-related sectors and financial services. Main development impact The Fund’s priority target consumer goods and financial services sectors typically have large development effects. The generalist fund financing growth-oriented companies are expected to create employment effects, local production, and tax revenues. Investment details Name: Uhuru Growth Fund I Project number: 80000183 Region: Africa Country: Nigeria, Ghana, Ivory Coast, Senegal, Burkina Faso Sector: General fund Signing date (month/year): March 2021 Currency: USD Finnfund's financing (commitment): 10,000,000 Instrument: Fund Status: Active Please note, that in principle, this information is given at the time of signature according to Finnfund's disclosure policy. However, in the case of investment funds, the share of Finnfund’s financing (%) is disclosed after the fund’s final closing, and information on the portfolio companies financed by the fund is updated at least once a year. Companies financed by the fund Name Sector Region Country Phoenix Life Insurance Co Insurance Africa Ghana Everyday Group Retail trade Africa Nigeria Read our transparency and disclosure policy More information: News Current investments Business sectors Contact us Key facts Name: Uhuru Growth Fund I Sector: General fund Region: Africa Country: Nigeria, Ghana, Ivory Coast, Senegal, Burkina Faso Currency: USD Finnfund's financing (commitment): 10,000,000 Signing date (month/year): March 2021 Last update: September 2021