Grofin to invest $160m in Africa’s SMEs
Rwanda’s Small and Medium Enterprises (SMEs) are among the 500 SMEs across Africa that will benefit from Grofin’s $160 million (Rwf90 billion) fund in form of equity and loans. The venture capital fund has announced that SMEs from seven African countries including Rwanda, Ghana, Nigeria, Kenya, South Africa, Tanzania and Uganda will benefit from the fund.