Group Managing Director, Afrinvest West Africa, Ike Chioke (left); Acting Director General, Securities and Exchange Commission, Mary Uduk; Partner & Managing Director, Syntaxis Capital Africa, Adesuwa Okunbo Rhodes and Managing Director, Afrinvest Asset Management Limited, Ola Belgore at the launch of a N12 billion private equity fund by Syntaxis Capital Africa in partnership with Afrinvest Asset Management Limited in Abuja.
Syntaxis Capital Africa, has launched a N12-billion private equity fund in partnership with Afrinvest Asset Management Limited, to meet the funding needs of Small and Medium Scale Enterprises (SMEs) in sub-Saharan Africa.
The fund launched in Abuja, at the weekend, is expected to cover a variety of sectors including, manufacturing, agri-processing, healthcare, education, and financial services.
While SMEs play a vital role in the development of economies, access to funding remains a critical challenge on the performance of the sector.
Speaking at the…
