The Africa Wealth Fund (AWF) is Naseba Africa’s proprietary investment fund designed to catalyze economic growth and innovation across the African continent. It focuses on strategic investments in high-growth sectors, infrastructure development, and empowering small to medium enterprises (SMEs)

Promote Economic Development: Support businesses that drive job creation, sustainable growth, and regional integration.
Generate Returns: Deliver strong financial returns for investors through diversified investments in high-growth sectors.
Empower African Enterprises: Provide funding, mentorship, and access to resources for startups and SMEs.
Foster Impact: Align with the UN Sustainable Development Goals (SDGs) to drive social, environmental, and economic impact.

a. Fund Type:
The Africa Wealth Fund is structured as a closed-end private equity fund, with a fixed investment period (7-10 years) and defined exit strategies.

b. Fund Size:
Targeting an initial corpus of $250 million, with the ability to scale based on investor interest and deal flow.

c. Investment Tiers:
The AWF offers diversified investment strategies through distinct sub-funds:

Growth Equity Fund: Focused on high-growth sectors such as fintech, renewable energy, and healthcare.
SME Development Fund: Targeting small and medium enterprises with scalable potential.
Infrastructure and Real Assets Fund: Financing critical infrastructure like logistics hubs, renewable energy projects, and industrial parks.

d. Governance:

Fund Manager: Naseba Africa’s Asset Management and Venture Capital department, with dedicated teams overseeing portfolio management, compliance, and performance.
Advisory Committee: Comprising industry experts, investors, and government representatives to provide strategic guidance and ensure alignment with fund objectives.

a. Geographic Focus:
The AWF prioritises investments in high-potential markets such as Ghana, Kenya, South Africa, and Nigeria, with selective opportunities in Francophone West Africa.

b. Ticket Sizes:

Seed/Startups: $250,000 - $1 million.
Growth Equity: $2 million - $10 million.
Infrastructure: $10 million - $50 million.

c. Value Creation:
The fund goes beyond capital injection by offering:

Mentorship and advisory support for portfolio companies.
Access to Naseba’s Integrated Venture Ecosystem for networking and scaling.
Strategic partnerships with local governments and international organisations.

d. Risk Management:
Diversified investments across sectors and geographies to mitigate risks and ensure steady returns.

Institutional Investors: Sovereign wealth funds, pension funds, and development finance institutions.
High-Net-Worth Individuals (HNWIs): Through Naseba Africa’s premium memberships like Naseba Platinum+.
Corporate Investors: Multinational companies seeking access to African markets.
Impact Investors: Those aligned with sustainability and ESG principles.

The Africa Wealth Fund employs the following well-defined exit strategies to ensure optimal returns for its investors:

IPO: Positioning successful portfolio companies for public listing.
Mergers & Acquisitions: Selling stakes to larger entities looking to enter or expand in Africa.
Dividend Recapitalization: Leveraging cash flow from profitable businesses to generate returns.
Secondary Market Sales: Selling fund positions to other private equity or institutional investors.