IFC discloses proposed $15m investment in Verod fund

Verod Capital Growth Fund IV is targeting $250 million in commitments to invest in small and mid-sized West African companies.

Danladi Verheijen, co-founder of Verod Capital Management

For a breakdown of Verod’s transactions, visit our Dealmaker’s Log.

The International Finance Corporation (IFC) has disclosed a proposed equity investment of up to $15 million in the Verod Capital Growth Fund IV, alongside a $10 million co-investment envelope.

The private equity fund is targeting $250 million in total commitments and plans to invest in small and mid-sized companies in West Africa, primarily in Nigeria, Ghana, Côte d’Ivoire, Senegal and Cameroon.

Read more: From beverage cans to gyms – Verod’s investment playbook for West Africa

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