Goodwell starts new fund for rapid-growing African SMEs
Friday, 09 October 2020 12:17
Dutch company Goodwell Investments just launched a new fund - Goodwell Impact Privak- targeting fast-growing African SMEs.
The vehicle, which pools financial resources of wealthy Belgian families and individuals, will invest in about 30 companies across the continent. Half of its capital will go into businesses specialized in the provision of financial services, while the other half will be invested in agribusinesses as well as transport and mobility companies.
Goodwell says its goal is to help “the millions of people in Africa who still lack basic services such as financial services.” Through Goodwell Impact Privak, the Dutch firm intends to generate a significant financial return for investors.
Goodwell has participated in the launch of several investment funds focused on the African continent. These include Goodwell IV and uMunthu.
Chamberline MOKO
Live News
-
First Quantum Becomes Acid Supplier as Hormuz Disruptions Tighten Supply in Zambia
07:17
-
Togo plans tighter checks, digital tools to tackle uninsured vehicles
06:02
-
Togo to Host First 42 Coding School Campus in West Africa
06:01
-
Spiro Partners Yango Operator to Roll Out Electric Motorbikes in Douala
05:56
-
Lacs 1 municipality reviews 2025 accounts, posts 9.5 mln CFA franc deficit
05:53
-
Douala Partners Huawei to Advance Digital Transformation Plans
05:46
-
Angola Grants 20-Year Concession for Cabinda and Soyo Ports
05:40
-
Endeavour Revenue Jumps Despite Falling Gold Output in West Africa
05:37
-
Togo lists 168 licensed architects in latest official registry
05:33
-
BCEAO to Set 24% Cap on Microfinance Lending Rates from June 2026
05:27
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...
Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...
First Quantum to sell surplus sulfuric acid amid tightening supply Zambia disruptions, Middle East shortages cut sulfur supply...
Campus to train youth in coding, data, and artificial intelligence Backed by Axian Group, France, and the European Union Project supports Togo’s...
Cabinda and Soyo terminals granted to SOGESTER for 20 years Move aims to cut transport costs and increase cargo and passenger traffic Strategy targets...
Revenue climbs 29% in Q1 2026 despite lower production Gold output drops across key mines, except Lafigué Higher gold prices offset volume...
UK museum to return 45 Botswana artifacts after 150 years Items collected in 1890s; restitution follows Botswana request Return tied to...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....