• Latest
  • Trending
Fako Capital

Fako Capital to invest €500,000 in high-impact SMEs across Cameroon, Central Africa

November 24, 2024
South African investment giant raises caution on Bitcoin ETF risks

South African investment giant raises caution on Bitcoin ETF risks

September 26, 2025
OpenAI’s ChatGPT Pulse now available for Pro users

OpenAI’s ChatGPT Pulse now available for Pro users

September 26, 2025
MSport 2025

MSport 2025: Nigeria’s #1 Sports Betting Site, Powered by Chelsea & BVB

September 25, 2025
MNT-Halan introduces Egypt’s first secure lending solution via Halan App

MNT-Halan introduces Egypt’s first secure lending solution via Halan App

September 25, 2025
Visa, intella partner to boost MENA’s financial institutions with Arabic conversational AI

Visa, intella partner to boost MENA’s financial institutions with Arabic conversational AI

September 25, 2025
Airtel Africa invests in education with 100 scholarships and new tech hubs

Airtel Africa invests in education with 100 scholarships and new tech hubs

September 25, 2025
SINOTRUK enters Libya with Aseel Auto as exclusive distributor in Benghazi

SINOTRUK enters Libya with Aseel Auto as exclusive distributor in Benghazi

September 25, 2025
Tango Brook launches digital card for fuel management

Tango Brook launches digital card for fuel management

September 25, 2025
AI in Nigeria announces 3rd edition of InnovationAI

AI in Nigeria announces 3rd edition of InnovationAI

September 25, 2025
Interswitch Unveils Quickteller Travel to Transform African Travel Experience

Interswitch Unveils Quickteller Travel to Transform African Travel Experience

September 25, 2025
Your one-stop tech hub! Get the latest updates on AI, cybersecurity, fintech, and emerging technologies.
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Tech TV
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
No Result
View All Result
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Tech TV
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
No Result
View All Result
Techpression
No Result
View All Result
Home Business Startups

Fako Capital to invest €500,000 in high-impact SMEs across Cameroon, Central Africa

TechPression by TechPression
November 24, 2024
148 5
0
Fako Capital
474
SHARES
Share on FacebookShare on TwitterWhatsAppTelegram

Fako Capital, an innovative impact investment fund in Cameroon, is making waves in the nation’s financial landscape. Established with the support of Investisseurs & Partenaires (I&P), it becomes the eighth fund launched by I&P Développement, which continues to strengthen its presence across Africa to support early-stage businesses. 

The fund plans to invest up to €500,000 in small and medium-sized enterprises (SMEs) in Cameroon and Central Africa, focusing on high-impact sectors.

Led by Vivian Tchatchueng, a former Investment Director at I&P, Fako Capital seeks to address two key challenges SMEs face in Cameroon and Central Africa: accessing growth-oriented financing and receiving the support necessary to strengthen their business operations.

Tchatchueng stated that “Over the mid-term, we plan to finance around 50 SME businesses, 80 percent of which will meet the criteria for financial and social inclusion of women, will be able to create around 1,000 formal jobs for young people, and will offer our investors a double financial and social return.”  

RelatedPosts

Wave expands to Cameroon with Joël Bertrand Ndjodo’s appointment to head operations

Coinbase, Perplexity AI partner to deliver real-time crypto data to traders

Aftown expands to Francophone Africa with launch in Cameroon

Fako Capital focuses on small and medium-sized enterprises (SMEs) across high-impact sectors with significant growth potential and profitability. These businesses are expected to promote women’s financial and social inclusion, generate formal employment for youths and contribute to the economic and social development of the sub-region’s countries and economies.

Read also:  Mastercard, NAT partner to introduce prepaid card in Senegal, Côte d’Ivoire and Benin

Fako Capital becomes the latest addition to I&P’s expanding network of African impact funds, joining others such as Sinergi Burkina in Burkina Faso, Comoé Capital in Côte d’Ivoire, Zira Capital in Mali, Miarakap in Madagascar, Sinergi Niger in Niger, and Teranga Capital in Senegal. Together, these funds strive to address SMEs’ financing gap, frequently neglected by traditional banks and significant institutional investors.

Prévost Kla, Investment Director, I&P, stated “The team led by Vivian has demonstrated its commitment. It is with great confidence that we accompany them, and we hope to be able to create this dynamic around our investment and thus attract local investors who can strengthen this project and make it a leader in the financial ecosystem in Cameroon.” 

Fako Capital as a catalyst for growth

The focus on SMEs is fundamental and reflects the current reality of the markets. SMEs drive the African economies but often struggle to secure financing. I&P intends to create 15,000 jobs across the continent by supporting 500 SMEs using vehicles such as Fako Capital. 

Read also: Safaricom calls for caution as Kenyan govt mulls conversion of mobile paybills to e-tax registers

Offering initial investments ranging from €50,000 to €500,000 per SME, the fund aims to draw businesses dedicated to advancing financial inclusion, empowering women, and generating employment. As it gains traction, Fako Capital highlights the growing potential of impact investing as a catalyst for economic transformation across Africa.

 

Tags: CameroonFako CapitalInvestisseurs & Partenaires (I&P)
TechPression

TechPression

No Result
View All Result

Quick Links

  • Tech News
  • Cryptocurrency
  • Fintech
  • Startups
  • Business

Follow Us:

  • facebook
  • instagram
  • Twitter(X)
  • Linkedin
  • YouTube
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 Techpression.com -Techpression Media Limited

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in .

No Result
View All Result
  • Home
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Reviews
    • How To
    • General News
  • Cryptocurrency
  • Business
  • Fintech
  • Startups
  • Featured
  • Ai
  • Tech TV

© 2025 Techpression.com -Techpression Media Limited

techpression.com
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

3rd Party Cookies

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

Keeping this cookie enabled helps us to improve our website.