The 97Fund, a Ugandan domiciled Open-end Investment Vehicle (HoldCo) that invests in high growth early stage companies in Africa, has launched a $1 Million COVID-19 Relief Fund (the “Fund”). The 97Fund is managed by Ortus Africa Capital. According to a statement from the organization, the Fund shall focus on Uganda and invest in solutions targeting and addressing challenges caused by the COVID-19 pandemic and solutions that prepare Uganda for a post COVID-19 environment. The COVID-19 Relief Fund supports promising entrepreneurs to scale and develop solutions that will help Uganda emerge from the Coronavirus crisis and create competitive advantage for the…
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