FSD Africa Investments commits £8m to finance a new class of asset allocators in Africa

Total Impact Capital, Europe is excited to announce the launch of Nyala Venture, in partnership with Cardano Development - backed by an £8 million anchor commitment from FSD Africa Investments - to support a new class of local capital allocators, with a focus on women-led businesses on the continent. Nyala Venture will provide investment capital and capacity-strengthening support to local capital allocators across sub-Saharan Africa. Read more about it here.