Verod Capital Growth Fund III




Committment (MNOK)

Scalable Enterprises


Verod Capital Growth Fund III is an investment fund targeting mid-sized growth companies in Anglophone West Africa, with a primary focus on Nigeria and Ghana. The hard cap fund size is USD 200 million. The Manager, Verod Capital, is an established management company founded in 2008, incorporated in Nigeria and with offices in Lagos and Accra.

  • Sector: Scalable Enterprises
  • Committment (MNOK): 193.4
  • Year: 2019
  • Region: Africa
  • Country: Regional
  • Domicile: Mauritius
  • Instrument: Funds
  • Status: Active

Indirect investments

Investee Sector Country

Additionality for Verod Capital Growth Fund III

This investment is particularly additional on the following ambitions:

  • Investing in the most capital constrained markets
  • Investing in the riskiest markets
  • Investing in the most difficult business environments
  • Investing in high risk instruments
  • Taking an active role in investments
  • Improving social and environmental standards