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Mastercard Foundation Africa Growth Fund

africagrowthfund.org Limited partner

The Mastercard Foundation Africa Growth Fund is a $200 million fund of funds that invests in African-owned and African-led investment vehicles, focusing on those that support women-led and gender-diverse enterprises. It provides catalytic capital and business development support to fund managers, aiming to create jobs and promote inclusive growth across Africa.

Mastercard Foundation Africa Growth Fund is a fund of funds. It invests in funds as a limited partner, through fund commitments, in SMEs, gender-diverse enterprises and women-led enterprises. $200 million under management, as it reports.

“We back African-owned and African-led investment vehicles through two levers: catalytic capital that strengthens their ability to invest, and strategic business development support that helps them and their portfolio businesses grow with confidence.”

— Mastercard Foundation Africa Growth Fund, own website
Layer
Limited partner
Type
Fund of funds
Stage
Funds
Invests in
Africa
Sectors
SMEs, gender-diverse enterprises, women-led enterprises
Assets under management
$200 million

Where this comes from

Every fact above was read from a page Mastercard Foundation Africa Growth Fund publishes itself. Nothing is taken from third-party databases. Investment activity (deals, co-investors) is not yet recorded.

  • https://africagrowthfund.org/name, is_investor, layer, type, invests_in_geographies, stage_min, stage_max, sectors, thesis_quote, thesis_quote_page, description, aum, status

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Record 7279 · added 2026-09-05 · link last verified 2026-10-21 · confidence high

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