Oasis Capital Ghana, renowned for its focus on West African enterprises, has made significant strides with its newly established Oasis Africa Fund II (OAF II). The firm has secured an impressive $33.3 million in initial pledges, propelling its ambitious $100 million target, with aspirations to accomplish this feat by June 2025.
A Legacy of Support and Growth
Building upon the past triumphs of funds like the Ebankese Venture Fund (EVF) and Oasis Africa Fund I (OAF I), Oasis Capital signals its unwavering commitment to nurturing small and medium-sized enterprises (SMEs) within Ghana.
Impact Across Sectors and Borders
Investments from previous funds have significantly impacted 21 diverse businesses, ranging across numerous sectors in Ghana and Côte d’Ivoire, emphasizing the breadth and depth of Oasis Capital’s support.
Sustainable Investment and Endorsement
CEO Matthew Boadu Adjei’s emphasis on environmental, social, and governance (ESG) criteria underscores Oasis Capital’s dedication to aligning with the United Nations’ Sustainable Development Goals (SDGs), garnering notable support and investment.
A Collaborative Effort for Lasting Change
The impressive backing for OAF II from entities such as Development Bank Ghana, Venture Capital Trust Fund, and others amplifies the fund’s vision and paves the way for a meaningful and lasting impact in West Africa.