New Investments
Launch Africa Ventures Unveils New Mezzanine Impact Fund
The fund, which is expected to invest in companies demonstrating strong environmental, social, and governance (ESG) principles, will focus on unlocking mergers and acquisitions (M&A), market expansion, management buyouts (MBOs), and other growth strategies.
Launch Africa Ventures, founded in 2020 by Zachariah George and Janade du Plessis, has a successful track record of investing in African technology startups. The firm closed its inaugural fund, Launch Africa Ventures Fund 1, in 2022 at US$36.3 million.
Anthony Moore, a former managing director and head of investment banking at Goldman Sachs, has been appointed as executive chairman of the Mezzanine Impact Fund.
Moore, along with a new debt solutions team, will be responsible for identifying and funding high-growth technology companies across Africa, with a particular focus on the Africa-GCC corridor.
“The mission of the Mezzanine Impact Fund is to ensure that we continue to build a generation of innovators who own their businesses commercially,” said Launch Africa Ventures.
“We aim to support founders by pioneering a more tailored financial solution suitable to the African entrepreneurial ecosystem.”
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