This fund is designed to assist promising early-stage businesses in Africa by offering both flexible financial backing and operational guidance.

Alterra Africa Accelerator Fund I targets companies addressing key issues across the continent.

The fund focuses on sectors such as agriculture, climate resilience, education, and healthcare.

It aims to support innovative ventures that generate jobs and foster inclusive growth, offering founder-friendly terms to help businesses scale sustainably.

The investment aligns with SIFEM’s strategy of backing local fund managers who possess strong regional insights.

It also contributes to global sustainable development goals, including those promoting decent work, innovation, and economic growth.

The fund is part of SIFEM’s wider effort to strengthen Africa’s entrepreneurial landscape.

Domiciled in Mauritius, Alterra I seeks to raise $300 million. It is structured to take majority stakes in market-leading businesses across Africa.

The fund targets firms based in more developed countries, such as Kenya and South Africa, that are expanding into neighboring, less-developed countries.

By focusing on companies with operational maturity and geographic reach, the fund aims to achieve strong financial returns while delivering measurable development impact in underserved regions.

In addition to economic goals, the fund supports social outcomes. It is committed to increasing women’s participation in the formal workforce and enhancing social inclusion.

Through this approach, Alterra Capital Partners and SIFEM aim to contribute to sustainable, broad-based growth across Africa.