Oasis Africa Fund
Africa
Region
42.2
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.
Key information
- Sector:
- SME Funds
- Commitment (MNOK):
- 42.2
- Year:
- 2017
- Region:
- Africa
- Country:
- Regional
- Domicile:
- Ghana
- Instrument:
- Funds
- Status:
- Active
- Mandate:
- Development
Oasis Africa Fund investments
| Investee | Sector | Country |
|---|---|---|
| Mansa Bank | Cote D'Ivoire | |
| Sonam Assurances Vie CI, | Cote D'Ivoire | |
| Sonam Generale Assurances | Cote D'Ivoire | |
| Polyclinique Internationale Sainte Anne-Marie (PISAM) | Cote D'Ivoire | |
| Accra City Hotel | Ghana | |
| appsNmobile | Ghana | |
| Atlantic Mall | Ghana | |
| Everpure Holdings Limited | Ghana | |
| JACCD | Ghana | |
| Joyce Ababio Vogue Style Limited | Ghana | |
| Legacy Girls School | Ghana | |
| Sinel Hospital | Ghana | |
| Zeepay Financial Services | Ghana | |
| Met Health Ghana | Ghana | |
| Metropolitan Health Insurance Ghana | Ghana |