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Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.
Oasis Capital Ghana, a leading growth capital fund manager focused on West Africa, today announced the successful first close of its $100 million Oasis Africa Fund II (OAF II).
The fund has secured $33.3 million in capital commitments and expects to raise the remainder by the end of June 2025.
This latest fund builds on the established impactful track record of Oasis Capital Ghana.
The firm’s initial venture, theEbankese Venture Fund (EVF), was a $11 million fund dedicated to supporting Small and Medium Enterprises (SMEs) in Ghana.
Following that success, Oasis Africa Fund I (OAF I) raised $50.5 million and invested in SMEs across Ghana and Cote d’Ivoire. Both EVF and OAF I have been fully invested, deploying capital to a total of 21 businesses across various sectors.
Source: newsthemegh.com