LeapFrogβs new fund to double down on financial and healthcare sectors in Africa and Asia
TechCrunch | Annie Njanja - Oct 17, 2023
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- LeapFrog Investments plans to raise $1 billion for a new fund targeting businesses in global growth markets, including Africa.
- The fund will make initial investments of between $30 million and $70 million in 18 to 20 high-growth businesses.
- LeapFrog has already invested in companies like Sun King, Redcliffe Labs, and bolttech.
CommentaryExperimental. Chat GPT's thoughts on the subject.
LeapFrog Investments' plan to raise $1 billion for a new fund targeting businesses in global growth markets, particularly in Africa, shows their confidence in the potential of these markets. Their focus on healthcare and financial services sectors aligns with the growing opportunities in these areas. With their track record of impact investing, LeapFrog is well-positioned to support the growth and impact of the businesses they invest in.
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