Fund vehicle

West Africa Emerging Markets Growth Fund

Compiled from public sources

The West Africa Emerging Markets Growth Fund (WAEMGF) is a €38.5 million closed-end private equity fund managed by Phoenix Capital Management. The fund primarily targets growth capital investments in Small and Medium-sized Enterprises (SMEs) located across the West African Economic and Monetary Union (WAEMU) region. With a sector-agnostic approach, WAEMGF seeks to acquire minority or majority stakes in companies with strong development potential, aiming to foster regional economic integration and generate commercial returns. The fund is backed by prominent Development Finance Institutions, ensuring strict adherence to environmental, social, and governance standards.

Manager

Phoenix Capital Management S.A

Vintage

2011

Strategy

Private Equity

Target size

$50m

Size

$50m

Status

Fully Invested