Launch Africa Ventures unveils new mezzanine fund
Launch Africa Ventures unveils new mezzanine fund
The fund will offer mezzanine growth capital, addressing a significant funding gap for African tech businesses.
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Launch Africa Ventures has introduced its new Launch Africa Mezzanine Impact Fund, aimed at providing growth capital to technology companies in Africa and the Gulf region. The fund seeks to unlock opportunities for mergers and acquisitions (M&A), market expansion, management buyouts (MBOs), and other growth strategies.
The Launch Africa Mezzanine Impact Fund will offer mezzanine growth capital, addressing a significant funding gap for African tech businesses at the growth stage. The fund will offer tailored financing solutions to support high-impact technology ventures.
Anthony Moore has been appointed executive chairman of the fund. Moore previously served as managing director and head of investment banking at Goldman Sachs International (UK and Asia) and held chairmanship positions at companies including Environmental Energy Group, Evrensel Capital Partners, MCC Global, and Lyn Enterprises Turkiye, among others.
Beyond financial investment, the fund will work closely with its portfolio companies to improve management practices, strengthen governance, and implement strategies to diversify offerings and optimise operations.
Launch Africa Ventures has invested in more than 150 technology companies across 23 African countries over the past three years, deploying over $55 million through the fund and co-investments with its global investor network.
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