This fund invests in SMEs in Ghana and Côte d’Ivoire that help to improve access to essential goods for vulnerable sections of the population.
Private equity as a solution for West African SMEs
Securing access to long-term resources remains a major headache for the West African SMEs that constitute the bulk of the local economic fabric (SMEs account for 92% and 98%, respectively, of companies incorporated in Ghana and Côte d’Ivoire). An investment entity like Oasis Africa Fund can meet such requirements by investing in the equity and quasi-equity of SMEs in Ghana and Côte d’Ivoire where Private Equity is still in its infancy.
OAF’s investment strategy targets SMEs that provide low- and medium-income sections of the population with basic goods and services in areas such as private education, health, agribusiness, financial services, real estate and the hotels sector.