New Investments
African Startups to Get Share of Leapfrog's $50 Million New Fund
Leapfrog Investments is a global private equity firm focused on impact investing in emerging markets.
The fund will invest in fast-growing health and financial services businesses in Africa, South Asia, and Southeast Asia.
The investment is part of IFC’s commitment to supporting private sector growth and job creation in emerging markets.
It is also aligned with IFC’s focus on investing in businesses that positively impact society and the environment.
LeapFrog Investments is a pioneer in impact investing in emerging markets.
The firm has a long track record of investing in healthcare and financial services businesses that are expanding access to essential services for underserved populations.
The new fund will invest in companies that are using technology to improve the delivery of healthcare and financial services.
The fund will also target companies expanding access to these services in rural and underserved areas.
The investment is expected to help LeapFrog Investments invest in up to 15 companies across Africa, South Asia, and Southeast Asia.
Related Articles
Register Now
Empower Africa Times Newsletter
Share :
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
You may also like...
Mastercard and Diamond Trust Bank (DTB) Partner to Enhance Digital Payments in East Africa
Mastercard and Diamond Trust Bank (DTB) have entered into a significant 10-year agreement aimed at expanding digital payment solutions across Kenya, Uganda, and Tanzania.
Kenyan Fintech Lipa Later Secures $5 Million Debt Funding to Expand
Lipa Later, a Kenyan fintech startup that provides buy now, pay later (BNPL) financing solutions, has secured $5 million in debt funding.
Inside Capital Backs RDG Africa to Accelerate Clean Energy Access in Zambia & DRC
Inside Capital Partners, a prominent private equity group operating across southeastern Africa, has injected fresh capital into RDG Africa, a solar home systems and clean-energy firm active in Zambia and the Democratic Republic of Congo (DRC).