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Renaissance Philanthropy | Africa Jobs Fund

vc$268MCo-invests

Fund Size

$268M

Location

United States

Activity

Statusactively investing

Links

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Investment Thesis

Support companies capable of creating large numbers of jobs for low-income African workers and generating more than US$50 billion in lifetime income gains. Focus on export manufacturing and international labour mobility businesses.

About Renaissance Philanthropy

Africa Jobs Fund focuses on catalysing high-productivity job creation in Africa, especially through export manufacturing and international labour mobility. It backs world-class operators with catalytic, risk-tolerant capital plus hands-on support to build scalable, commercially viable organisations that create good jobs at scale.

Sectors

Manufacturing TechLogistics Tech

Stages

growthseedseries-a

Geography Focus

Africa

Team

NameTitleRoleLinks
Kumar GargPresidentC-level
Tom KalilCEOC-level

Notable Investments

Big if True Science (BiTS) AcceleratorAI tools for mathematics initiative with XTX Markets and Renaissance Philanthropy

Traits

Co-invests

FAQ

What does Africa Jobs Fund invest in?

Africa Jobs Fund invests in Manufacturing Tech and Logistics Tech at the growth, seed and series-a stages.

Which geographies does Africa Jobs Fund focus on?

Africa Jobs Fund focuses on Africa, and is headquartered in United States.