Loan/Debt
GroFin Africa Fund
Description
Private sector fund for business development 3-7 years tenure. The GroFin Africa Fund, a private equity fund, provides loans and equity products, as well as business support to small businesses in various African countries, including Uganda. The fund's operations are targeted at Uganda, among other countries such as Kenya, Tanzania, Rwanda, Nigeria, Ghana, and South Africa. Additionally, GroFin provides business loans to finance SME growth needs and value-added business support in Uganda, as part of its operations in 14 countries in Africa and the Middle East.
Investment Details
Helping entrepreneurs and business owners like you to start or grow successful businesses. We realize that you not only require longer-term finance to grow your business, but also active Business Support for long-term sustainability.
For seed stages, the firm invests between $1 million and $2 million, and for Series A stages, it provides funding between $2 million and $4 million.
Funding Procedure
Collateral requirements, due diligence and approval.