News

Uhuru Investment Partners (“Uhuru”) is pleased to announce that it has reached a final close of $181mm for Uhuru Growth Fund I (“UGF”), its inaugural private equity fund. Uhuru secured commitments from leading international development finance institutions including BIO, SDG Fund and IFC. “We are pleased to have the African...

Accra, Ghana, January 2022 – Uhuru Investment Partners has announced the acquisition and recapitalization of Phoenix Life Assurance Company (“Phoenix Life”). This investment enables Phoenix Life to meet the National Insurance Commission’s recapitalization directive and also provides the Company with the resources to expand its market share in the rapidly...

Lagos, Nigeria, July 2022 — IFC today announced an investment in Uhuru Growth Fund I, a fund managed by Uhuru Investment Partners (Uhuru), a middle-market private equity firm in West Africa. The fund will provide growth capital to the region’s small and medium-sized enterprises (SMEs), including women-led businesses. Access to...