Oasis Capital Ghana Hits $33.3 Million Mark for Oasis Africa Fund II

Oasis Capital Ghana, a fund manager specializing in West Africa, has successfully raised $33.3 million in initial pledges for its new Oasis Africa Fund II (OAF II), aiming for a $100 million target by June 2025. The firm will continue fundraising to meet this ambitious goal.

OAF II follows the success of previous funds managed by Oasis Capital. The firm's first fund, the Ebankese Venture Fund (EVF), raised $11 million and supported small and medium-sized enterprises (SMEs) in Ghana. Its successor, the Oasis Africa Fund I (OAF I), secured $50.5 million and extended its investment scope to include both Ghana and Côte d’Ivoire.

Together, EVF and OAF I have fully deployed their capital, investing in 21 diverse businesses across various sectors. In Ghana, notable beneficiaries include Legacy Girls College, Everpure Ghana Water, SINEL Specialist Hospital, and Metropolitan Health. In Côte d’Ivoire, investments have been made in institutions such as MANSA Bank and PISAM Hospital.

Source: Tapiwa Matthew Mutisi / Innovation Village