Renaissance Philanthropy | Africa Jobs Fund

vc$533MCo-invests

◆ Fund Size

$533M

◆ Check Size

$0.5M

◆ Location

United States

◆ Activity

Statusactively investing

◆ Links

Website ↗@RenPhilanthropy on X ↗

◆ 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

Name	Title	Role
Daniel	—	Senior
Iyinoluwa Aboyeji	—	Advisor
Kumar Garg	President	C-level
Samantha Power	—	Advisor
Tom Kalil	CEO	C-level

◆ Notable Investments

Big if True Science (BiTS) AcceleratorAI tools for mathematics initiative with XTX Markets and Renaissance PhilanthropyAI-enabled science and education initiativesClimate interventionsNew energy sourcesHealth innovationScientific infrastructure

◆ 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.

What is Africa Jobs Fund's typical check size?

Africa Jobs Fund typically writes checks of up to $0.5M.