Oasis Africa Fund

Africa

Region

39.6

Commitment (MNOK)

Active

Status

Oasis Africa FUnd is an SME fund investing in Ghana and Ivory Coast. The fund was initially closed at USD 18 million in 2016, but since several investors have joined and the fund reached USD 50 million on the final closing, when Norfund also joined. The fund will make up to 15 investments and average deal size is expected to be around USD 3 million. THis is the first West Africa Fund investment since the new strategy of the Norfund Board that decided to included Ghama and West Africa into the strategy.

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Key information

Sector:
SME Funds
Commitment (MNOK):
39.6
Year:
2017
Region:
Africa
Country:
Regional
Domicile:
Ghana
Instrument:
Funds
Status:
Active
Mandate:
Development

Oasis Africa Fund investments

Investee Sector Country
Mansa BankCote D'Ivoire
Sonam Assurances Vie CI,Cote D'Ivoire
Sonam Generale AssurancesCote D'Ivoire
Polyclinique Internationale Sainte Anne-Marie (PISAM)Cote D'Ivoire
appsNmobileGhana
Atlantic MallGhana
Everpure Holdings LimitedGhana
JACCDGhana
Koala shopping centerGhana
Sunu assuranceGhana
Met Health GhanaGhana
Metropolitan Health Insurance GhanaGhana
Sinel HospitalGhana