Thursday, July 24, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home Funding

The Kigali International Financial Centre (KIFC) has launched the Virunga Africa Fund I, a $250 million pan-African investment fund

Tech Gist Africa by Tech Gist Africa
11/09/2021
in Funding, Innovation, News - East Africa, The Big 5
0 0
0
Kigali

Kigali

0
SHARES
Share on FacebookShare on Twitter

Kigali International Financial Centre (KIFC) has announced the launch of a $250 million Virunga Africa Fund I, which would invest in important industries driving economic and social transformation in Africa. In order to drive economic and social transformation throughout Africa, this fund makes investments in critical industries.

Qatar Investment Authority (QIA) and the Rwanda Social Security Board (RSSB) are the fund’s two largest investors (RSSB). Admaius, an independent investment firm with a pan-African investment team, manages this fund. Kigali is home to the Virunga Africa Fund I.

The CEO of Rwanda Finance Limited, Nick Barigye, referred to KIFC as a “compliant and appealing jurisdiction for investment in Africa.” “Good government, strong connectivity, efficiency, transparency, and an ease in doing business” are some of Rwanda’s strategic advantages, he said.

The fund aims to invest in projects that have a direct impact on the lives of Rwandans and other Africans. As a result, Africa’s private sector becomes more dynamic and self-sufficient, which reduces its reliance on foreign goods. As a result of these investments, more people will be able to access key services like education and healthcare, digital infrastructure, and financial services, and businesses will be able to benefit from secular growth patterns and significant demographic tailwinds in the future.

 

Read more on Tech Gist Africa:

Nairobi now has an Agricultural innovation incubator funded by African Development Bank

Catalyst Fund invests in four Ghanaian digital commerce startups

The Algerian Startup Financing Fund has launched a $7.2 million fund to invest in the country’s most innovative startups

ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

Related Posts

Africa Tech
Insights

Tech Diplomacy: How Africa is Leveraging Technology for International Relations and Development

by Tech Gist Africa
07/21/2025
0

In an era where digital tools are reshaping geopolitics, Africa is increasingly turning to tech diplomacy as a strategic lever...

Read more
Media and Entertainment

How African Technology is Changing the Face of Media, Entertainment, and Digital Content

07/14/2025
Cerebrium South Africa

Cerebrium, a South African AI startup raises $8.5 million seed funding

07/11/2025
BuuPass QuickBus Kenya

BuuPass, a Kenyan mobility startup has secured strategic funding from Yango Ventures

07/10/2025
Complete Farmer Ghana

Complete Farmer, a Ghana-based agritech company Raises $2.5 Million

07/09/2025
Next Post
Google for Startups Accelerator Africa

Google for Startups Accelerator Africa Class 7 is now accepting applications

Chipper cash

Chipper Cash, an African cross-border payments company, has raised $150 million at a valuation of over $2 billion.

payhippo

Payhippo raises $3 million in a seed round to help Nigerian small businesses gain access to financing

No Result
View All Result

The Big 5

Africa Tech

Tech Diplomacy: How Africa is Leveraging Technology for International Relations and Development

by Tech Gist Africa
07/21/2025
0

...

Media and Entertainment

How African Technology is Changing the Face of Media, Entertainment, and Digital Content

by Tech Gist Africa
07/14/2025
0

...

Ecobank

Ecobank, Google Partner to Boost Financial Inclusion and Innovation Across Africa

by Tech Gist Africa
07/08/2025
0

...

AWIEF

AWIEF 2025 Awards Nominations Now Open to Celebrate Africa’s Top Women Entrepreneurs

by Tech Gist Africa
07/08/2025
0

...

Google for Startups Accelerator Africa

15 African AI startups Selected for Google for Startups Accelerator Africa

by Tech Gist Africa
07/08/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.