Apex expands role with Africa fund – The Royal Gazette | Bermuda News, Business, Sports, Events, & Community

Log In

Reset Password
BERMUDA | RSS PODCAST

Apex expands role with Africa venture capital fund

Global financial services provider Apex Group Ltd. has expanded its relationship with Pan-African Venture Capital fund Launch Africa Ventures, addressing the significant funding gap in the Seed and pre-Series A investment landscape in Africa.

Launch Africa invests capital, time, and expertise into leading B2B and B2B2C early-stage, technology-driven start-ups with strong management teams and scalable solutions.

Their current portfolio spans 11 countries, and includes co-investments alongside leading regional funds, accelerators and angel investor groups on the continent.

By drawing upon diverse global advisory networks and unique access to corporate distribution channels across Africa, Launch Africa seeks to unlock value for their portfolio through strategic partnerships.

Santosh K. Gujadhur, Managing Director, Mauritius at Apex Group, comments: “We are pleased to continue our relationship with Launch Ventures as they successfully fuel entrepreneurial growth and economic empowerment in Africa.

“We continue to operate a strong presence in Mauritius which continues to act as a launch pad for funds wishing to invest in Africa, with a dynamic and established financial services ecosystem to help facilitate funds with ambitions on the continent.

“Launch Africa share our commitment to building strong, long term relationships with our partners as we look forward to supporting them throughout the life cycle of their funds and portfolio.”

Apex has been appointed to provide ongoing fund administration and accounting, fiduciary, investor reporting, tax compliance services to support the growth of Launch Africa’s current and future funds.

Global financial services provider, Apex Group Ltd., expands its relationship with Pan-African Venture Capital fund, Launch Africa Ventures

You must be Registered or to post comment or to vote.

Published September 02, 2021 at 11:40 am (Updated September 02, 2021 at 12:57 pm)

Apex expands role with Africa venture capital fund

What you
Need to
Know
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon