IFC commits up to $2m to East African venture fund
The IFC has committed investment of up to $2 million in Antler East Africa, based out of Nairobi, which will invest primarily in pre-seed opportunities in East Africa. The fund will be managed by Marie Nielsen and Melalite Ayenew who both have strong operational and entrepreneurial experience.
Antler East Africa Fund I LP is structured as an exempted limited partnership domiciled in the Cayman Islands. The general partner is Antler East Africa General Partner Limited, an exempted company incorporated with limited liability in the Cayman Islands.
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