Novastar Ventures Africa Fund II

Africa

Region

74.9

Commitment (MNOK)

Active

Status

Novastar Ventures Africa Fund II is the successor fund to Novastar Ventures East Africa Fund. The fund is a true venture fund targeting both East and West Africa

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Key information

Sector:
SME Funds
Commitment (MNOK):
74.9
Year:
2020
Region:
Africa
Country:
Regional
Domicile:
Mauritius
Instrument:
Funds
Status:
Active
Mandate:
Development

Additionality for Novastar Ventures Africa Fund II

This investment is particularly additional on the following ambitions:

  • Investing in the poorest countries      
  • Investing in capital constrained markets    
  • Investing in risky markets    
  • Investing in difficult business environments    
  • Investing in high risk instruments      
  • Taking an active role in investments      
  • Promoting social and environmental standards       

Read more about the investment:

Woman working in factory with dried larvae. Photo: Indigo Trigg-Hauger/Norfund

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