Empact Growth Fund

Location

Ethiopia
Ethiopia
9° 8' 42" N, 40° 29' 22.8228" E

Empact Capital is currently engaged in raising an equity investment fund (Empact Growth Fund) targeting the small and medium enterprise (SME) segment in Ethiopia. The Fund is a $50 million private equity fund under development which will make equity and equity related investments of $250,000 to $5,000,000 in commercially viable, socially and environmentally responsible SMEs that are well positioned for strong growth and cross border expansion.

Reason:
Promoters of the project have dedicated the most part of their careers studying the challenges Africa faces vis a vis development and have now focused their efforts towards providing best-in-class methodologies and approaches to establish development in Ethiopia, a country close to their heart.
Organization: Empact Capital Partners, LLC
First name: Michael
Last name: Gizaw
City: Ethiopia
Country: Ethiopia