uMunthu II Unveils First Close of $60 Million for Early and Growth-stage SMEs in Africa
Goodwell Investments and Alitheia Capital have announced the first closing of their uMunthu II fund, which invests in early and growth-stage SMEs in Africa, with a particular emphasis on women-led firms. A diversified collection of international investors led the fund’s capital round. uMunthu is a pan-African fund that invests in SMEs that improve access in…